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Showing 1961 - 1970 of 2989 results for "ARRA"

Banksia serves as a warning

BEN COLLINS  |  THURSDAY, 22 NOV 2012
Failed non-bank lender Banksia Securities should serve as a warning for people investing in mortgage debentures, said Atchison Consultants. Banksia Securities and the related Cherry Fund Limited which recently went into receivership are mortgage debenture ...

Super FUM up 13%

ALEX DUNNIN  |  THURSDAY, 22 NOV 2012
Super fund assets climbed 13.1% in the 12 months to the end of September on the back of the post-June share market rally that alone boosted super assets by 5.2%. The figures are contained in APRA's latest quarterly superannuation performance statistics ...

Understand borrowing laws warns ATO

BEN COLLINS  |  THURSDAY, 22 NOV 2012
Be careful when investing in property, the Australian Tax Office warned self managed super fund trustees yesterday. People might be using their DYI super fund to invest in property without actually understanding borrowing laws, said acting commissioner ...

Asset consultants influence to grow amid industry change

MARK SMITH  |  FRIDAY, 16 NOV 2012
Despite pressure on fees from a consolidating super industry, a combination of regulatory reform, increasing demand for less conventional assets and a rise in the amount of money going into super savings will magnify fund managers over-dependence on ...

Retirement solution upside for investment managers: Oliver Wyman

MARK STORY  |  FRIDAY, 16 NOV 2012
An expected doubling of post-retirement funds under management (FUM) from 8% in 2010 to 16% by 2020, represents golden opportunities for investment managers, Jacob Hook of Oliver Wyman Financial Services advised delegates at IMCA's (Investment Management ...

Some retail fund members pay double for insurance: AIST

BEN COLLINS  |  WEDNESDAY, 14 NOV 2012
Members of some retail funds are paying around twice the average annual insurance premium of other funds but receiving less than a quarter more in benefits, said the Australian Institute of Superannuation Trustees (AIST). This happens when trustees ...

34 months prison for ex- GuardianFP adviser

BEN COLLINS  |  TUESDAY, 13 NOV 2012
A former financial adviser from Randwick, Sydney, has been sentenced to a total of 34 months imprisonment, after she illegally collected over $380,000 in insurance commissions. Susan Heathwood was sentenced in the Downing Centre District Court after ...

Kohler campaign slammed by ASFA

BEN COLLINS  |  MONDAY, 5 NOV 2012
Save Our Super, a campaign backed by veteran financial commentator and owner of the Eureka Report Alan Kohler is poorly researched, and its alternatives underdeveloped, said an article published by the Association of Superannuation funds of Australia ...

Avoid estate planning mistakes

BEN COLLINS  |  TUESDAY, 30 OCT 2012
Advisers may need more technical and compliance knowledge to make sure that they meet clients' needs with estate planning, said Equity Trustees Limited. Actually drafting a Will or documenting an estate plan may prove more complex than some had realised ...

AFA: Productivity Commission caves in to Shorten's pressure

LINDA HAUSKEN  |  FRIDAY, 19 OCT 2012
The Productivity Commission has succumbed to Shorten's pressure and let all Australian workers down, according to the Association of Financial Advisers (AFA). The Productivity Commission's (PC) final report into default superannuation arrangements ...