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Showing 2361 - 2370 of 2989 results for "ARRA"

SuperTrace wins Heron award

COMPANY RELEASE  |  THURSDAY, 11 JUN 2009
The SuperTrace Eligible Rollover Fund (SuperTrace) has received a five star quality rating from the Heron Partnership for the second consecutive year. Independent superannuation consultancy The Heron Partnership once again awarded SuperTrace, part of ...

BT and Shadforth extend Wrap deal

PRESS RELEASE  |  TUESDAY, 9 JUN 2009
BT Financial Group has extended the firm's platform arrangement with Shadforth Financial Group for another three years, ahead of 12 separate financial planning firms joining the group in July. This announcement comes after a five-year arrangement with ...

UK DB plans must shape up

COMPANY RELEASE  |  FRIDAY, 5 JUN 2009
UK fund trustees must become far more proactive in managing the funding status and investment risk, according to Mercer. A recent Mercer report found defined benefit pension schemes are under increasing pressure as buyouts become less feasible and the ...

Maritime Super to manage Teekay fund

COMPANY RELEASE  |  FRIDAY, 5 JUN 2009
The $2.4 billion Maritime Super has been selected by Teekay Marine Services to manage the Teekay Shipping Superannuation Plan. The plan, which has $80 million in funds under management and 514 members, made the announcement yesterday that Maritime Super ...

Julius Baer splits AM and bank

COMPANY RELEASE  |  TUESDAY, 2 JUN 2009
Swiss wealth management firm, Julius Baer has separated the company's private banking and asset management businesses into two listed companies. The deal means both businesses will be listed on the SIX Swiss Exchange with Julius Baer Group focussing ...

ATO targets loss schemes

RUTH LIEW  |  MONDAY, 1 JUN 2009
As the 2008-09 financial year draws to a close, tax commissioner Michael D'Ascenzo warned last month that his office will be closely reviewing three arrangements that attempt to falsely generate claims for inappropriate tax losses. The department is ...

Net tightens on executive pay

RUTH LIEW  |  FRIDAY, 29 MAY 2009
Goodbye golden parachutes - APRA has released a consultation package encouraging financial services firms to set up stricter guidelines when deciding executive remuneration. The Australian Prudential Regulation Authority is recommending its regulated ...

Instos win $5.5m in sustainable grants

MICHAEL HOBBS  |  THURSDAY, 28 MAY 2009
Colonial First State Global Asset Management, AMP Capital Investors and ING Management received more than $5.5 million worth of government grants to make the firms' invested properties more sustainable. The grants were awarded last week as part of the ...

Raise SG to 15 pc: report

MICHAEL HOBBS  |  TUESDAY, 26 MAY 2009
A survey found that seven out of 10 working Australians believe that their Superannuation Guarantee (SG) contributions should be raised to 15 per cent, lending support to industry associations that have long lobbied for higher SG. Mercer's SG Opinion ...

LMW Invest teams up with Denison

COMPANY RELEASE  |  THURSDAY, 21 MAY 2009
LMW Invest and The Denison Group have formed a joint venture aimed at delivering traditional syndicated property investments to retail investors. An eight level office tower in North Sydney, with forecast fund yield of 9 per cent, is the first building ...