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Showing 311 - 320 of 594 results for "MCG"

New tax proposals aim to consolidate lost super

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
New tax laws being recommended to Parliament look set to benefit people who have rediscovered lost super balances in various funds. The House of Representatives economics committee is urging MPs to adopt the bill, aimed at simplifying super consolidation ...

CFSGAM secures $1.3 billion UniSuper mandate

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
Colonial First State Global Asset Management has been chosen by UniSuper to manage its $1.3 billion domestic fixed interest portfolio. The mandate is made up of government and semi-government bonds and was secured by competitive tender. Colonial First ...

Cutting super tax breaks unwise: SPAA

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
The Self Managed Super Fund Professionals' Association of Australia has weighed into the industry debate on the Greens' call to raise the superannuation tax for high income earners. Green leader Bob Brown yesterday proposed a scaled tax on super contributions ...

FOFA debate due after PJC report: Shorten

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Assistant Treasurer Bill Shorten has confirmed FOFA legislation won't be debated by MPs until after the Parliamentary Joint Committee has delivered its report and recommendations on the bill. Opposition spokesman on Financial Services Mathias Cormann ...

Adviser numbers to remain stable post FOFA: Rice Warner

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
Adviser numbers are set to remain steady post FOFA, with average adviser income expected to rise to $260,000 per year by 2026, according to the latest research from Rice Warner. The report, commissioned by the Industry Super Network, is the updated ...

China on course for slowdown, not landing: Fidelity

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Debate over whether China is in for a soft or hard landing is overplayed, according to David Urquhart, portfolio manager of the Fidelity Asia Fund. Speaking at a Fidelity briefing in Sydney this week, Urquhart pointed to recent IMF projections of 8.2% ...

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

Asia vital for Aus business: Harcourt

CLAIRE MCGREAL  |  THURSDAY, 2 FEB 2012
Australia's economic position in a global context was up for discussion at the Financial Standard's Chief Economist Forum in Sydney and Melbourne this week. Speaker Tim Harcourt, chief economist for Australian and Global Economics at the UNSW Australian ...

ASIC continues Trio crackdown

CLAIRE MCGREAL  |  THURSDAY, 2 FEB 2012
The investigation into the collapse of failed fund manager Trio Capital continues, with the banning of another figure with ties to the firm. Tony Maher, who changed his name from Paul Gresham, has been permanently banned from working in the Australian ...

AMP upgrades online functionality

CLAIRE MCGREAL  |  THURSDAY, 2 FEB 2012
AMP is the latest wealth group to upgrade its online capabilities and introduce new features to its web services, which it said will make it easier for customers to navigate the website and take control of their finances. These features include a series ...