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Showing 2721 - 2730 of 4334 results for "FIG"

Financial services honoured with Queen's favour

ELISE BURGESS  |  WEDNESDAY, 15 JUN 2011
Members of the Australian financial services industry have received Queen's Birthday honours this year including advisers, super fund heads and regulatory figures. Michael Dwyer, chief executive of First State Super and Fund Executives Association Ltd ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 15 JUN 2011
The Australian market is expected to open higher today, after Wall Street securities and commodities markets lifted overnight. At 0643 AEST on the ASX 24, the June share price index futures contract was up 15 points at 4,601. In economics news on Wednesday ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 JUN 2011
The Australian market is expected to open slightly lower today, after Wall Street stabilised following steep losses on Friday. At 0706 AEST on the ASX 24, the June share price index futures contract was down nine points at 4,525. In economics news on ...

Excess contributions penalties soar to $400m

MATT WOODINGTON  |  FRIDAY, 10 JUN 2011
The Australian Tax Office has now raised $400 million through tax penalties on excess super contributions made between 2006 and 2010 with that figure likely to rise yet further. Speaking at an upper house enquiry of the economics legislation committee ...

PC to review how defaults appointed to Awards

ALEX DUNNIN  |  FRIDAY, 10 JUN 2011
The Productivity Commission will in 2012 review how default funds are appointed to Industrial Awards, said superannuation minister Bill Shorten, just one day after APRA released figures showing that the retail sector has again under performed the not-for-profit ...

Direct insurance secures major player status

ELISE BURGESS  |  THURSDAY, 9 JUN 2011
Direct insurance occupies 17.8 per cent of new sales market, securing its place in the insurance industry and as a real competitor to advisers and group insurance alike. According to latest figures from Rice Warner Actuaries' latest Direct Life Insurance ...

Coalition adopts ALP super clearing house model

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
The Coalition has adopted the ALP's superannuation clearing house policy as their preferred way to simplify contribution payments for small businesses. Under the morphed policy, the Coalition has proposed small business employers send superannuation ...

APRA super fund grillings set new precedent

ALEX DUNNIN  |  WEDNESDAY, 8 JUN 2011
Superannuation regulator APRA interviewing super funds under oath, forcing them to explain investment decisions, should set alarm bells ringing across Australia's investment industry. Advisers to the $6 billion public offer industry fund, MTAA Super ...

Market Wrap - Morning

AAP  |  TUESDAY, 7 JUN 2011
The Australian market has received negative leads from offshore trading overnight, with Wall St closing lower, along with oil, while precious metals rose. At 0700 AEST on the ASX 24, the June share price index futures contract was 31 points lower at ...

ETFs report wafer thin trading volumes

ALEX DUNNIN  |  MONDAY, 6 JUN 2011
Exchange Traded Funds (ETFs) ASX market capitalisation is up 44 per cent in the last 12 months to $4.7 billion but their trading volumes are still microscopically thin. Figures just released in the ASX Listed Managed Investments monthly update for May ...