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Showing 3261 - 3270 of 4777 results for "July 8"

MySuper: industry not dead if proper action taken

LINDA HAUSKEN  |  MONDAY, 29 OCT 2012
Under the Government's MySuper legislation, it is vital for corporate super specialists to engage with their clients and focus on exited members, warns CESSA. Douglas Latto, president at the Corporate Super Specialist Alliance (CESSA) said that the ...

ASIC consults on code approval under FOFA

LINDA HAUSKEN  |  WEDNESDAY, 24 OCT 2012
ASIC has released its consultation paper on its approach to code approval and relief powers under the Future of Financial Advice (FOFA) regulations, outlining plans to take a facilitative approach to the implementation of the reforms. Australia's corporate ...

Bad everywhere news

BENJAMIN ONG  |  WEDNESDAY, 24 OCT 2012
Believe me I tried... and I tried, and I tried. But I can't find no, no good news on cyberspace, on print or th airwaves this morning. The good news have all AWOL it seems. What I found instead was a listing of the bad and the ugly. Below are the Bloomberg ...

Govt to pay interest on lost Super funds

MARK SMITH  |  TUESDAY, 23 OCT 2012
The government has taken steps to ease the corrosive impact of fees and inflation on funds left in forgotten super accounts with new measures announced in its mid-year Budget update. The government has raised the threshold below which funds in inactive ...

Wen again gets what Wen wants

BENJAMIN ONG  |  FRIDAY, 19 OCT 2012
... that affirmed my continuing belief in its growth; Numbers that provided the answer as to why the PBOC has been silent since July (when it last cut interest rates down to 6.0% from 6.31%) despite easing inflation pressures. Numbers that proved that monetary ...

Good US housing news is real good news

BENJAMIN ONG  |  THURSDAY, 18 OCT 2012
"Property is the fruit of labor; property is desirable; it is a positive good in the world." -- Abraham Lincoln Yes Virginia, property is good and an improving property market is good for the economy. Now do you still wonder why Ben Bernanke is doing ...

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 ...