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Showing 291 - 300 of 399 results for "Mistake"

FSS security breach strikes industry chord

ELISE BURGESS  |  WEDNESDAY, 19 OCT 2011
Superannuation security is in the spotlight after the First State Super breach but major industry figures believe it is the perfect warning to other super funds of the dangers and the attraction of the super industry to potential hackers. Pauline Vamos ...

Tax forum tackles wealth management issues

ELISE BURGESS  |  FRIDAY, 7 OCT 2011
While big ticket items like the GST, Carbon Tax and Mining Tax may not have been up for discussion, there was still plenty to talk about for the wealth management industry as Government heads and industry leaders gathered at the 2011 Tax Forum. Treasurer ...

ASIC obtains Fed Court order to preserve funds

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
ASIC has obtained urgent orders from the Federal Court to preserve invested funds in a Brisbane-based mutual fund operating without a licence, according to the regulator. The City Index Australian Mutual Fund operates on the cityindexmutual.com website ...

Manufacturing's Gerry Harvey moment

ALEX DUNNIN  |  WEDNESDAY, 31 AUG 2011
... ruing how this debate is so much like a re-run of his mining industry super profits tax policy. It's as if the former PM's mistake was that he was just a year ahead of his time. Amidst all this, it's unavoidable that Australia's strong mining and services ...

US S&P president replaced

ELISE BURGESS  |  WEDNESDAY, 24 AUG 2011
... to 2004. The timing of the role change is interesting as the US accused S&P of basing its decision on a US$2 trillion mistake when it announced the downgrade on August 7, with the ratings house responding by placing the US on negative outlook. There ...

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... "Because they outsource their money management to custodians, they keep their old legacy systems," he said. Hill said the mistake they make is trying to patch up their old system when they should just throw it out in favour of a modern one, like his ...

Market dives on US downgrade, China demands new reserve currency

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
... prices down, increasing the cost of borrowing in the US. The US has accused S&P of basing its decision on a US$2 trillion mistake. But the ratings house has stuck to its position and placed the US on negative outlook, threatening future downgrades. Bondholders ...

USA no longer AAA

BENJAMIN ONG  |  MONDAY, 8 AUG 2011
Uh-oh, we're in trouble now - really big trouble -- or so they say. No use pretending not to know what I'm talking about, it's splattered all over the weekend news. S&P has dropped one A from the USA's AAA. I must admit, I too didn't know what to think ...

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
Industry super funds have increased their emergency reserves since the global financial crisis but the uptake has been patchy with some funds having no buffer at all, new research has found. Deloitte Actuaries and Consultants scrutinised 65 industry ...

MLC launches contrib. cap tool

MLC said their Contributions Cap Decision Tool provides a step-by-step guide on how to manage a client's contributions and avoid incurring excess contributions tax. Breaching contributions caps is a not a major problem in national systematic terms ...