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Showing 3101 - 3110 of 4013 results for "Accounts"

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
... reverse mortgages (or equity release) garnered 18% support while long term care insurance, at 37%, and incentivised savings accounts, at 58%, were preferred. "The government needs to look at alternative models beyond just family home. Other models would ...

Government bowing to pressure on super risk commissions

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... how to handle consolidation of funds, enabling lower admin costs in MySuper and transitioning customers into MySuper accounts.

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
... Actuaries and Consultants scrutinised 65 industry funds that collectively manage $250 billion in funds for 12.4 million accounts. They found total operational risk reserves had increased by 37.5% since 2008 to $1.2 billion by the end of June 2010. The ...

It's a deal

BENJAMIN ONG  |  MONDAY, 1 AUG 2011
... contracted by a deeper 5.1% during the recession of Q4 2007 to Q2 2009 instead of 4.1%. Consumer spending - that which accounts for 70% of the US economy - hardly budged in the second quarter with growth of only 0.1% annualised. And if sentiment is anything ...

Industry uncertainty limits MDAs

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
Lack of compliance understanding and industry-wide consensus is hindering advisers from using managed discretionary accounts to their full potential, but new reforms may soon push them into the spotlight, said Institute of Managed Accounts Providers. ...

Time for super to step up

ALEX DUNNIN  |  THURSDAY, 28 JUL 2011
... world." Superannuation's authority, he said, is that across all its market segments it increasingly contributes to GDP, accounts for a growing share of taxation revenue and employ 400,000 people. This is almost as many people as the mining industry. ...

Planners remain wary of switching cash to equities

MATT WOODINGTON  |  MONDAY, 25 JUL 2011
... capital has deteriorated," said Damien Jordan, director, Jordan Financial Solutions. Individually and separately managed accounts have been a popular way for SMSFs to get some share exposure and IMA provider Implemented Portfolios said it has continued ...

Astarra director convicted by NSW Supreme Court

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... Richard, received $1.3 million for his part in the theft, the Sydney Morning Herald reported. He funneled the money through accounts in offshore tax havens Liechtenstein and the Caribbean island of Curacao, the court reportedly heard. Financial advisers ...

Bank of Melbourne relaunches with plans for 90 new branches

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
The first accounts were opened today at the new Bank of Melbourne, as Westpac rebrands its St George group and embarks on an expansion drive to capture the Victorian regional market. Scott Tanner, chief executive, said the bank today opened three new ...

Opes Prime directors admit guilt

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
... administration and receivers and managers were appointed. OPSL and Leveraged Capital had more than 650 active client accounts and creditors were owed approximately $630 million when they collapsed.