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Showing 1261 - 1270 of 1724 results for "Minimum"

SMSF trustees pile $69.5m in US property

ELISE BURGESS  |  TUESDAY, 14 JUN 2011
... trustees in a fund IPO backed by US residential property, including assets in New York The Australian-listed fund sought a minimum of $30 million in the IPO, instead receiving $69.5 million from over 1500 investors with an average investment of approximately ...

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
... than $5.57 billion in assets will pay the maximum levy of $750,000 while funds with assets below $371,195 will pay the minimum levy of $50." The Association of Superannuation Funds of Australia (ASFA) and the Australian Institute of Superannuation Trustees ...

Shorten phases out drawdown relief for account-based pensions

ELISE BURGESS  |  TUESDAY, 7 JUN 2011
... expected to benefit some 120,000 self-funded retirees. Under past regulations, self-funded retirees were required to pay a minimum amount from their superannuation account-based pension at least once a year, based on age and their account balance so ...

BT Super dangles $20,000 carrot

ELISE BURGESS  |  MONDAY, 30 MAY 2011
... August 15, the competition is available for entrants that open a new BT Super for Life account by July 3 and contribute a minimum of $5,000 into that account before the promotion closes. There are four prizes available with the amount of money awarded ...

Bentham wins $350 million mandate

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... instruments such as bank capital securities, global convertible bonds and investment grade corporate debt securities. A minimum of 50 per cent of the portfolio is investment-grade. The second is Bentham Syndicated Loan Fund, which invests in global non-investment ...

Online SMSF training centre opens for trustees, advisers

ALISON BEVEGE  |  WEDNESDAY, 25 MAY 2011
... regulations surrounding the sector. It offers a suite of SMSF projection tools such as anti-detriment, survivorship and minimum pension calculators, educational videos and podcasts. The move comes at a time when increasing numbers of Australians are ...

SPAA warns on year-end pitfalls

MATT WOODINGTON  |  MONDAY, 23 MAY 2011
... question. SPAA also noted that for SMSFs in the pension phase it was important to check they have received the required minimum pension amount by June 30 to ensure tax exemption on investment income. In addition, SPAA recommended that super investors ...

Trio compo draft regulations released

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
... in compensation for victims of the Trio Capital fraud. Funds will be exposed to a maximum impost of $500,000 down to a minimum of $50 in the draft regulations released by Treasury yesterday. The consultation-only draft rules set out the levy rate, maximum ...

HSBC targets planners with Asian wide product

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
... Lonsec. The offer period for planners and investors runs until June 21 and the product will then be issued on June 30. The minimum investment is $20,000. HSBC said the HSBC 100+ Series Asian Equity Investment will be distributed through its own financial ...

Silver bullet downs market

BENJAMIN ONG  |  FRIDAY, 6 MAY 2011
... exchange made it more - heaps more - expensive to trade SLV by raising its initial margin requirement. In just two weeks, the minimum amount of cash that must be deposited when trading silver has jumped from US$11,745 per contract to US$18,900. It'll ...