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Showing 3251 - 3260 of 4761 results for "July 2011"

Market Wrap AM

AAP  |  THURSDAY, 18 OCT 2012
The Australian market looks set to open higher after gains on the European markets overnight on easing euro zone debt crisis concerns ahead of a two-day EU summit and Wall Street remained in positive territory. At 0810 AEDT on Thursday, the December ...

State Street profits up 23% on Lehman wind up

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
State Street, one of the world's largest providers of financial services, has announced a 23% rise in third quarter profits despite a slight fall in revenue, bolstered by claims linked to the Lehman Brothers' bankruptcy. The Boston-based bank, which ...

Super cap breaches tumble

LINDA HAUSKEN  |  WEDNESDAY, 17 OCT 2012
The Australian Tax Office's (ATO) latest report on cap breaches shows the number of people who exceeded the concessional contribution cap has dropped by 37% in the last 12 months. According to the ATO, in 2010/11 a total of 31,217 exceeded the cap ...

Australia ranks third in Global Pensions

LINDA HAUSKEN  |  MONDAY, 15 OCT 2012
The 2012 Mercer Global Pension Index has shown that Australia has come in third place out of 18 countries, beating the likes of Switzerland, Canada and the UK. The index which covers over half of the world's population has found that Australia's retirement ...

APRA releases MySuper transition guidance

BEN COLLINS  |  THURSDAY, 11 OCT 2012
The prudential regulator announced today that it has released for public consultation its draft guidance for the transfer of funds under the MySuper legislation. The guidance is intended to assist registerable superannuation entity (RSE) licensees to ...

Board changes at Plan B

BEN COLLINS  |  WEDNESDAY, 10 OCT 2012
IOOF's managing director and chief financial officer have been appointed to the board of listed dealer group Plan B, after their company's takeover bid was made unconditional last month. In announcing the appointments, Plan B also said that Bryan Taylor ...

Members lack info on fees

BEN COLLINS  |  WEDNESDAY, 10 OCT 2012
Superannuation fees are still one of the largest information gaps for members of Australian funds, according to a recent survey. The 2012 Member Sentiment and Communications Report by Investment Trends and QSuper surveyed members on their understanding ...

IMF - It Means Fun

BENJAMIN ONG  |  WEDNESDAY, 10 OCT 2012
Here you go again, u-huh, scaring us again, u-huh. Can you feel it, can you feel it, can you feel it? Sure you can, it's all over the place - Chicken Little is going around crying "the sky is falling" (again). You can't miss it, not even if you close ...

Market Wrap

AAP  |  TUESDAY, 9 OCT 2012
The Australian share market has broken the 4500 level for the first time this year, led by big gains in the resource and energy sectors. At 1201 AEDT on Monday, the benchmark S&P/ASX200 index was up 21.4 points, or 0.48 per cent, at 4,503.3 points ...

Time to buy the bad news

BENJAMIN ONG  |  TUESDAY, 9 OCT 2012
They just won't stop coming, do they? Yes them, the bad news. This time it came courtesy of the World Bank (WB). The WB went on a chopping spree - slashing its growth outlook for the Asia and the Pacific region to 7.2% this year and 7.6% in 2013 - down ...