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Latest Financial Standard iPad edition available now

BEN COLLINS  |  MONDAY, 18 JUN 2012
In the new edition of Financial Standard we look at EOFY strategies for the future and profile Lewis Bearman, chief executive of Perennial Investment Partners. For all the latest news, views and regular features download the app today. Financial Standard's ...

SMSF establishments continue down trend

MELANIE TIMBRELL  |  MONDAY, 18 JUN 2012
Establishments of self-managed super funds numbered 7,152 in the March quarter, according to the latest Australian Taxation Office statistics, continuing the decline in numbers from the quarterly peak of 10,434 in September 2011. The latest figures ...

Plum upgrades online investment services

LINDA HAUSKEN  |  MONDAY, 18 JUN 2012
Plum has upgraded its online education centre and launched new benefit projection features in an effort to encourage more direct member engagement. The new features will enable members to model potential retirement outcomes and compare multiple scenarios. ...

Market Wrap

AAP  |  MONDAY, 18 JUN 2012
Australian shares opened almost 1.5 per cent higher after Greece elected the pro-bailout New Democracy party to power. At 1022 AEST on Monday, the benchmark S&P/ASX200 index was 56.6 points, or 1.4 per cent, at 4,113.9, while the broader All Ordinaries ...

CBA renames corporate super fund

BEN COLLINS  |  MONDAY, 18 JUN 2012
The Commonwealth Bank has re-branded its in-house corporate not-for-profit superannuation fund from the 'Officers' Superannuation Fund' to 'Commonwealth Bank Group Super'. The Commonwealth Bank (CBA) said that the change was implemented to deliver stronger ...

Greece chooses pain to pain

BENJAMIN ONG  |  MONDAY, 18 JUN 2012
"The Greek people expressed their will to stay anchored with the euro, remain an integral part of the euro zone and honour the country's commitments." We will respect the signatures and promises that we've made. There's no time to lose." With these ...

Market Wrap

AAP  |  MONDAY, 18 JUN 2012
The Australian market looks set to open higher following Wall Street's positive lead and after indications Greek will get a pro-austerity, pro-euro government. At 0745 AEST on Monday, the June share price index futures contract was up 25 points at 4,078. ...

ATO warns on structured products

MELANIE TIMBRELL  |  FRIDAY, 15 JUN 2012
The Australian Tax Office has issued a warning on sophisticated structured financial products that claim to offer franking credits among tax benefits to investors. Michael D'Ascenzo, tax commissioner at the ATO has said the products involved claimed ...

Towers Watson expands Aus investment team

BEN COLLINS  |  FRIDAY, 15 JUN 2012
Global consultant Towers Watson has appointed Ben Trollip as an investment research consultant in its Australian Investment business. Trollip, who holds a Bachelor of Science (Mathematics and Statistics) from the University of Auckland, joins the Australian ...

All eyes on Germany ahead of Greek elections

BEN COLLINS  |  FRIDAY, 15 JUN 2012
National elections at the weekend will be crucial in deciding if Greece stays in the eurozone or not, with polls indicating that left-wing party Syriza is on equal standing with pro-austerity party New Democracy. Syriza has threatened to tear up stringent ...