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Showing 191 - 200 of 296 results for "Ruling"

Large funds use scale to boost after-tax savings

ELISE BURGESS  |  WEDNESDAY, 2 FEB 2011
An after-tax optimisation tool available to super funds called 'propagation' is proving too expensive to run in practice and, at current prices, is only cost-effective for multi-billion super funds, research shows. In its paper, Towers Watson studied ...

Asset Super mulls merger

RUTH LIEW  |  MONDAY, 24 JAN 2011
... activity is alive and well and there's a lot of talk," said John Paul, the fund's CEO. "We still have an open mind and not ruling out we're not going down that path," he said. The $1.4 billion fund, however, is treading cautiously. Paul said they will ...

New ETF player targets niche assets

RUTH LIEW  |  WEDNESDAY, 19 JAN 2011
... have, the more people will use them in their investment process so you'll gain a bigger market," he said. The firm is not ruling out introducing leveraged, property and infrastructure ETFs in the future. In the one month of trading, BetaShares' financials ...

Perpetual settles over Mahogany

JOHN MCDULING  |  MONDAY, 6 DEC 2010
Perpetual Trustee Company has settled a long running legal dispute on behalf of 1,000 retail investors who bought $125 million of notes issued by a subsidiary of Lehman Brothers. The details of the settlement cannot be disclosed for six months, but ...

UK edges closer to universal pension scheme

JOHN MCDULING  |  FRIDAY, 5 NOV 2010
The ruling Conservative-Liberal Democrat coalition will push ahead with plans to introduce a universal pension scheme in the UK. Chancellor George Osborne recently gave the green light for the establishment of the National Employment and Savings Trust ...

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
... with the successful renegotiation of debt facilities with the Commonwealth Bank in May. But now ASIC is appealing that ruling based on the argument that the court "erred in concluding that a deferred tax asset was not an intangible asset and could therefore ...

Introducing foreclosure-gate, the latest risk to a US recovery

JOHN MCDULING  |  MONDAY, 11 OCT 2010
Recent court rulings have cast doubt on millions of mortgage foreclosures across the US, potentially reducing the value of investments held by Australian institutions in related assets. Court rulings across the country have found that millions of securitized ...

Bidding time for AMP

JOHN MCDULING  |  MONDAY, 20 SEP 2010
... potential distribution power of a combined NAB/AXA entity not assuaged by plans to spin of the North platform to IOOF. The ACCC ruling effectively eliminates a number of other players with significant wrap offerings from the equation - including CBA ...

REST Super taps Asia directly

RUTH LIEW  |  TUESDAY, 24 AUG 2010
... with Cooper Investors last month. While $25 million may seem like a modest sum in a $17 billion portfolio, Hill is not ruling out opportunities to grow the mandate. "We feel that it's time to have a small exposure with someone who is more expert in that ...

Business still unhappy with SG increase

ALEX DUNNIN  |  TUESDAY, 20 JUL 2010
... than on employees, while the lack of centralised wage fixing mechanisms mean it will not be possible for a national wage ruling to trade-off the SG increase. "[Employer groups are] disappointed that the government has conveyed the misleading impression ...