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Showing 2811 - 2820 of 4013 results for "Accounts"

Labor completes super agenda with passage of four bills

JAMES FERNYHOUGH  |  TUESDAY, 25 JUN 2013
... passed was law ensuring income tax relief for superannuation funds without MySuper licences when they transfer default accounts to another super fund. The most complicated bill in the quartet is the Superannuation Legislation Amendment (Service Providers ...

Shelf space battle heats up in US platforms

ALEX DUNNIN  |  MONDAY, 24 JUN 2013
... programs," Patrick Newcomb, senior analyst at Cerulli Associatesm said. "The majority of firms launched unified managed accounts (UMAs) in the past few years, which have done little to reduce the total number of program offerings at each firm." Asset ...

ASIC to face parliamentary inquiry over CBA

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
... $300 million in retirement savings from at least 1,300 clients and forged documents, created unauthorised investment accounts and overcharged fees. After ASIC banned Nguyen from the financial services industry from seven years, bank staff allegedly took ...

Company director charged with QLD property fraud

JAMES FERNYHOUGH  |  WEDNESDAY, 19 JUN 2013
... alleges that the investors never received the promised returns, and that invested funds instead went into company bank accounts, from which they were paid to Hill and third parties. Hill, of Kelso in New South Wales, was granted bail with residential ...

Shorten maps out government super legacy

ALEX DUNNIN  |  TUESDAY, 18 JUN 2013
... reserved special mention for the LISC scheme, which he said would see payments starting to be made to superannuation accounts from 1 July this year. He said the scheme is much more equitable that the co-contribution scheme because it is so much easier ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
... under FoFA." Select said funds with functions such as tail-risk hedging are not as easily available through wrap or MDA accounts and advisers would benefit from greater investment choice by using a customised multi-asset portfolio. Wise said the use ...

CBA launches MySuper compliant product

ALICE URIBE  |  MONDAY, 17 JUN 2013
... date of the MySuper legislation. Essential Super will be offered as a companion product to CBA customers' transactions accounts and also via the existing branch network. CFS executive general manager Linda Elkins told Financial Standard that the product ...

BUSSQ, Qantas, Suncorp get MySuper approval

MARK SMITH  |  FRIDAY, 14 JUN 2013
... authorisations represent about 55% of the assets in the superannuation market and more than nearly 12 million member accounts. The MySuper market now comprises one product from the corporate fund segment, five from the government segment, 33 from the ...

Kinetic Super targets transient members with new brand

JAMES FERNYHOUGH  |  FRIDAY, 7 JUN 2013
... said. As an industry fund catering to part-time and casual employees, members have generally acquired multiple super accounts. While Kinetic Super has more than 350,000 members, many of their accounts have low balances. "The aim that we have is to connect ...

Auscoal, AMIST and CGS get MySuper authorisations

ALEX DUNNIN  |  THURSDAY, 6 JUN 2013
... holding these authorisations represent $328 billion in superannuation assets under management and 11.4 million member accounts. This means about 55% of the assets under management in the employer superannuation market will have access to MySuper products ...