Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3341 - 3350 of 4761 results for "July 2011"

SMSF contributions spike ahead of cap

MELANIE TIMBRELL  |  THURSDAY, 19 JUL 2012
SMSF contributions were up close to $7000 in the 2011/12 financial year driven by over 50s getting in ahead of the $25,000 concessional cap introduction on July 1 this year. The latest Multiport SMSF Investment Patterns Survey showed the average contribution ...

Treasury heavy handed on portfolio disclosure

BEN COLLINS  |  THURSDAY, 19 JUL 2012
Portfolio disclosure remains a contentious issue for superannuation funds, after it was first flagged in the 2010 Cooper review. It will be a major issue explored at the Financial Services Council annual conference, to be held on 1-3 August at the Gold ...

Chinese pension fund awards global mandates

MELANIE TIMBRELL  |  THURSDAY, 19 JUL 2012
China's national pension fund has released a list of 12 global investment managers awarded mandates in July to help manage the 869bn yuan ($A132bn) fund. China's National Social Security Fund (NSSF) announced the appointments yesterday, which included ...

Market Wrap

AAP  |  TUESDAY, 17 JUL 2012
The Australian shares are higher despite falls on Wall Street and European markets overnight. At 1022 AEST on Tuesday, the benchmark S&P/ASX200 index was up 10.1 points, or 0.25 per cent, at 4,1115.2, while the broader All Ordinaries index was up 9.1 ...

Hunter Hall appoints ex-Perpetual CEO

MELANIE TIMBRELL  |  TUESDAY, 17 JUL 2012
Hunter Hall International has appointed former Perpetual chief executive officer David Deverall as its new chief following the resignation of David Buckland earlier this year. Deverall will commence with the firm and assume a board seat on July 30 ...

Market Wrap

AAP  |  TUESDAY, 17 JUL 2012
The Australian market looks set to open flat despite falls on Wall Street overnight after weak US retail sales figures. At 0800 AEST on Tuesday, the September share price index futures contract was up one point at 4,073. In economic news on Tuesday ...

Govt targets early release schemes; defers SMSF transfer ban

MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
Promoters of illegal early release superannuation schemes will face tough penalties as part of the Government's Stronger Super reforms. Minister for superannuation, Bill Shorten, announced the crack down targeting schemes promoted as a means of accessing ...

Plan B board accepts IOOF offer

BEN COLLINS  |  MONDAY, 16 JUL 2012
The board of Perth-based Plan B Holdings Limited has recommended a $49.1 million takeover offer made by IOOF. IOOF had proposed to acquire 100% of the fully paid ordinary shares in Plan B, in an off-market takeover that would see it add $2.2bn in funds ...

Wen's visible hand

BENJAMIN ONG  |  MONDAY, 16 JUL 2012
Where are they now? Those hard landing-ers? Wall Streets and European equities jumped 1.7% and 1.4%, respectively - on the final day of last week's trading as markets welcomed news that China's economy slowed "as expected" to 7.6% in the year to the ...

APRA warns trustees about data integrity

BEN COLLINS  |  FRIDAY, 13 JUL 2012
The Australian Prudential Regulation Authority has written to superannuation fund trustees to outline its expectations on data integrity requirements, warning that while there has been some improvement, funds still have a good way to go before the industry ...