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Showing 2951 - 2960 of 6512 results for "Jul"

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
Benefit payments for self-managed superannuation fund members jumped by 71% in the March quarter, indicating a last-ditch effort to re-adjust balances head of the July 1 legislative changes to super. SuperConcepts' survey of 2750 SMSFs shows the average ...

ATO pushes back SMSF returns deadline

KARREN VERGARA  |  MONDAY, 15 MAY 2017
The Australian Tax Office is extending its self-managed superannuation fund annual returns date for the 2015-16 reporting period to 30 June 2017. The superannuation reform, taking effect on July 1, is proving to be a "crucial transition" period for ...

UniSuper obtains public offer licence

EMMA RAPAPORT  |  FRIDAY, 12 MAY 2017
Industry super fund UniSuper will open its doors to more members after successfully varying its registrable superannuation entity licence to public offer status. The $60 billion fund, which currently services about 400,000 current and former higher ...

Finance Sector Union appoints former NSW Premier

ALEX BURKE  |  FRIDAY, 12 MAY 2017
The Finance Sector Union is welcoming a former New South Wales Premier as its deputy leader. Nathan Rees, who served as NSW Premier from September 2008 to December 2009, before being deposed by Kristina Keneally, contrasted himself with other former ...

Henry Morgan creates new global LIC

ALEX BURKE  |  FRIDAY, 12 MAY 2017
Henry Morgan's investment manager, John Bridgeman, will launch a new global equities listed investment company following the successful oversubscription of another LIC last month. The new LIC, William Kidd Ltd, will be based on a global equities fund ...

BTIM boosts FUM

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
BT Investment Management reported strong inflows in its half-year performance to March, but fell short of improving its revenue. The Sydney-based international investment firm boosted its funds under management thanks to a record $4.6 billion inflow ...

CBA appoints group executive

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
The Commonwealth Bank will aim to transform its traditional retail and small business banking model with the appointment of a new group executive to the international financial services leadership team. Coen Jonker has been promoted to the role after ...

K2 slashes fees for three funds

ALEX BURKE  |  THURSDAY, 11 MAY 2017
Following a round of fee reductions from Vanguard and Platinum Asset Management, K2 Asset Management will cut management and performance fees for three of its managed funds. For the K2 Australian Fund, the management fee will fall from 1.54% to 1.31%. ...

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
Asset consultants and industry associations alike are applauding the introduction of the First Home Super Savers Scheme which they say will help young people to get a foothold in the property market. The scheme, announced as part of the Federal Budget ...

LRBA loophole for SMSFs removed

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
Self-managed superannuation funds will be prevented from circumventing contributions caps through the use of limited recourse borrowing arrangements under new Budget measures. Announced in the Federal Budget this week, from 1 July 2017, the outstanding ...