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Showing 2981 - 2990 of 4839 results for "EAC"

Super subsidies cost $32bn: Treasury

ALEX DUNNIN  |  FRIDAY, 31 JAN 2014
As the government prepares for a review of unsustainable welfare payments, Treasury has released its 2013-14 Tax Expenditures Statement (TES) that confirms the cost of superannuation tax subsidies is $32 billion. The TES is produced each year and is ...

NGS Super launches direct investment platform

MARK SMITH  |  THURSDAY, 30 JAN 2014
NGS Super has partnered with Mercer to offer members access to a new direct investment platform. The new platform, launched today, allows members to trade ASX300 shares, a choice of exchange traded funds and term deposits from their super or pension ...

Federation platform adds Pengana Aussie Equities Fund

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
Federation Managed Accounts Platform has added the Pengana Australian Equities Fund to its offering, available for advisers and their clients. The fund has a focus on capital preservation and downside protection and has generated a return of 13.2% per ...

Accountant guilty of operating 21 unregistered schemes

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
A Melbourne accountant has pleaded guilty to 27 criminal charges including charges of operating 21 unregistered managed investment schemes. Accountant Mark Ronald Letten pleaded guilty following an investigation by the Australian Securities and Investments ...

Retail funds favour lifecycle MySuper options

JAMES FERNYHOUGH  |  THURSDAY, 23 JAN 2014
More than half of all retail funds offering MySuper products have adopted a lifecycle approach, while all but four industry funds have opted for static strategic asset allocation (SAA), according to research by Mercer. The release of the research, entitled ...

$1.5 billion given away by PAFs since launch

MARK SMITH  |  THURSDAY, 23 JAN 2014
By the end of 2014, Private Ancillary Funds (PAFs) will have distributed more than $1.5 billion to charitable causes since the philanthropic trust structure was established more than 12 years ago, according to a JBWere report on the sector. The PAF ...

Advisers and accountants clash over SMSFs

LAURA MILLAN  |  WEDNESDAY, 22 JAN 2014
Accountants are feeling challenged that they cannot set up self-managed superannuation funds (SMSF) without a license, at the same time advisers are struggling to gain clients' trust when it comes to SMSFs, Crowe Horwath head of SMSF and Superannuation ...

RBA rate cut on cards

MARK SMITH  |  TUESDAY, 21 JAN 2014
A lack of strength in the Australian economy could force the Reserve Bank (RBA) into another rate cut, according to Goldman Sachs Asset Management (GSAM) investment manager Angus Bell. Even in a best case scenario Bell doesn't see Australia's record ...

Artisan awarded Morningstar US International Manager of the Year

LAURA MILLAN  |  TUESDAY, 21 JAN 2014
Artisan Partners' David Samra and Dan O'Keefe have been awarded Morningstar's International-Stock Fund manager of the Year for 2013 in the United States. Artisan Global Value team manages the Artisan Global Value and International Value Funds and it ...

It's good, it's bad, it's faked

BENJAMIN ONG  |  TUESDAY, 21 JAN 2014