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| | | Up to 6.9 million inactive super accounts will be rolled over into active accounts once the Stronger Super reforms kick in on January 1, 2014 according to Financial Services Minister Bill Shorten. The Minister was in Melbourne this morning to launch ... |
| | | | ... the full year. Its shares were trading up 59 cents at $21.32. Mr Russell said apart from the results, predictions of a stronger US market reopening tonight were helping the local market along. "I think too there's a strong indication from the US markets ... |
| | | | ... EDI and Emeco Holdings are among the companies announcing interim results. In Australia, the market on Monday closed stronger after raft of positive earnings results and growing likelihood of euro zone finance ministers approving another bailout for ... |
| | | | ... administrators, public sector and fund administrators. Despite rhetoric over the impact of account consolidation as part of Stronger Super, 70% of executives involved in the survey said they expected to lose less than 10% of their members due to account ... |
| | | | The government has released amendments to the second tranche of the Stronger Super legislation. This includes expanding the covenants for registrable superannuation entity (RSE) licensees, applying new trustee duties to trustees of an RSE that offers ... |
| | | | ... for trustees calculated on a risk-weighted basis, the FSC has said the Government is on the mark with its response to Stronger Super reforms, though pressures on consolidation should be acknowledged. "Given the current capital requirement of just $5 ... |
| | | | ... the merger with AXA, AMP is better placed competitively to continue delivering on its growth strategy. "The new AMP is stronger competitively, has a more diversified, balanced mix of business, a powerful domestic franchise, and growing opportunities ... |
| | | | ... accurate or balanced. "The outcomes we will aim for when confronted with suspected breaches will involve potentially stronger penalties than we have sought in the past," said Kell. Penalties include fines, injunctions, public warning notices and in the ... |
| | | | ... payments and penalties between employer and a fund and fund-to-fund. Since February 2011 the Government established a Stronger Super consultation process with four working groups to implement Cooper recommendations, including MySuper, SuperStream, governance ... |
| | | | ... cent, or 88 cents, at $34.32. Newcrest on Friday said first-half net profit rose 50 per cent to a record high due to stronger sales of gold, silver and copper. The spot price of gold in Sydney was $US1,731.40 per ounce, down $US5.355 from Thursday's ... |
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