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Showing 201 - 210 of 364 results for Alison Bevege

Bans hit bad planners: ASIC

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Three financial advisers and a financial services firm are facing work bans and prosecution after separate ASIC investigations. A former financial adviser who fraudulently withdrew $600,000 from his clients' accounts has pleaded guilty in court to six ...

UniSuper to shed mandates

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Higher education superannuation fund UniSuper has topped the league tables for holding the most mandates in 2010 according to Rainmaker's latest Mandate Chaser report. But that is a bad thing, said John Pearce, chief investment officer of UniSuper ...

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Extended relief for compulsory pension fund draw-downs, encouragement for super funds to invest in infrastructure and a reiteration of the promise to increase the super guarantee to 12 per cent were functions of a budget that commentators labeled bland. ...

Budget 2011: Advisers granted budget wish

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Financial advisers have been granted at least one wish in this year's budget. From July 1 those who breach the concessional contributions cap by up to $10,000 have been given the option to withdraw the excess funds to avoid penalty tax rates. The concession ...

Macquarie top mandate catchers

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Investment managers Macquarie Group won 20 new mandates last year - the most of any institution - putting it well ahead of second-placed Schroders according to the latest edition of Rainmaker's Mandate Chaser report. Schroders won 14 mandates, beating ...

Planners make their budget wishes

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
As the Federal Government goes into budget lockdown, financial advisers have named their dearest wishes - and it's not for free set top boxes. Concessional caps, tax concessions for advice fees and a cut in the company tax rate were at the top of the ...

Trio compo draft regulations released

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
Superannuation funds have until next Monday to have their say on regulations governing the levy to raise $55 million in compensation for victims of the Trio Capital fraud. Funds will be exposed to a maximum impost of $500,000 down to a minimum of $50 ...

ASX fines broker for bad behaviour

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
The Australian Stock Exchange has imposed a $75,000 fine on broking house IMC Pacific for behaviour that left disorderly markets in two securities, including QBE shares trading at less than half of one cent, it said yesterday. The stock exchange said ...

New index pinpoints volatility, products on way

ALISON BEVEGE  |  MONDAY, 9 MAY 2011
Standard & Poor's has developed a new risk-control index to maintain volatility of 12 per cent, with UBS to deliver new structured products based upon it, it said today. Volatility on the S&P/ASX 200 stocks had reached 23 per cent over the past three ...

Super fund drives member awareness

ALISON BEVEGE  |  MONDAY, 9 MAY 2011
Truckies, bus drivers and couriers will soon be very aware of who manages their super if all goes to plan for transport industry superannuation fund TWUSUPER. The industry super fund is putting advertisements on more than 80 billboards around the country ...