Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1431 - 1440 of 1729 results for "Provisio"

Smaller funds lack risk reserves

MICHAEL HOBBS  |  TUESDAY, 28 APR 2009
A Mercer survey has revealed smaller super funds are less likely to have appropriate levels of operational risk reserves than larger funds, a survey found. An operational risk reserve is created by the super fund to provide immediate access to funds ...

Govt lifts financial hardship threshold

WWW.THESHEET.COM  |  MONDAY, 27 APR 2009
National consumer credit laws will adopt a higher threshold at which lenders are obliged to formally consider a variation to a loan where a customer cannot pay due to illness, unemployment or other reasonable causes. The government plans to lift the ...

AustSafe Super licensed for advice

RUTH LIEW  |  MONDAY, 27 APR 2009
The $1 billion AustSafe Super is ramping up its presence in the planning community following the licensing of its regional managers to provide financial advice. AustSafe Super, the industry fund for rural and regional Australia, last week added to its ...

AvSuper revamps death insurance

RUTH LIEW  |  WEDNESDAY, 22 APR 2009
The $1 billion aviation industry super fund AvSuper has introduced anti-detriment provisions to members' death benefits. Launched at the start of this year, AvSuper announced anti-detriment provisions will now apply to the death benefits paid to a spouse ...

West Pymble adviser charged

ASIC RELEASE  |  WEDNESDAY, 22 APR 2009
The Supreme Court of New South Wales today sentenced Stephen Lewis Matthews of West Pymble, Sydney, to six months imprisonment for contempt of court. On 25 February 2009, Matthews was found guilty by Justice Barrett of contempt of court for breach of ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 APR 2009
The Australian share market is expected to open lower after US stocks slumped on concerns about the level of bad loans held by banks following Bank of America's earnings report. Gold miners may gain after the precious metal advanced on Monday while ...

ATO relays transitional rules concerns

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
The Australian Tax Office (ATO) is warning accountants and self managed super fund (SMSF) trustees to be wary of promotions that advertise selling an inactive pre-1999 SMSF with a related trust. In some cases, promoters have claimed any investments ...

Cutting SG a disaster: Keating

RUTH LIEW  |  THURSDAY, 16 APR 2009
Allowing SG to be lowered, even just temporarily to help stimulate the economy, would be an economic disaster, warned former Australian Prime Minister, Paul Keating. At the end of last year, a group of economists lead by Nick Gruen, principal of the ...

HOSTPLUS sponsors Gold Coast AFL

MICHAEL HOBBS  |  WEDNESDAY, 8 APR 2009
HOSTPLUS has stepped up its campaign targeting Queenslanders, signing a five -year foundation sponsorship deal with the new AFL Gold Coast Football Club. This is the second elite level football team sponsored by HOSTPLUS which is a major backer of the ...

AIRC sets more default super funds

ALEX DUNNIN  |  FRIDAY, 3 APR 2009
The Australian Industrial Relations Commission (AIRC) has today released the second tranche of revised Awards including details of their default superannuation funds. The revisions are part of the Award Modernisation process commenced last year at the ...