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Showing 3381 - 3390 of 4761 results for "July 2011"

EOFY: Review of super contributions essential

LINDA HAUSKEN  |  TUESDAY, 12 JUN 2012
To avoid clients being hit with tax penalties on excess contributions advisers should be reviewing their salary sacrificing arrangements, according to industry experts. The concessional super contributions cap is legislated to reduce from $50,000 to ...

Spanish bailout soured by upcoming Greek election

BEN COLLINS  |  TUESDAY, 12 JUN 2012
Despite an agreement reached to bailout Spanish banks, renewed fears over a Greek exit from the eurozone have caused further uncertainty. "Although news that Spain has requested money to shore up its banking system has been regarded as a positive development... ...

AFA opens Adviser of the Year nominations

LINDA HAUSKEN  |  FRIDAY, 8 JUN 2012
The Association of Financial Advisers, in partnership with Zurich, has opened nominations for the 2012 AFA Adviser of the Year Award. The Award is celebrating its 10th year of recognising the best advisers in Australia. "Zurich partnered with the Association ...

MLC Advice names new state manager

LINDA HAUSKEN  |  THURSDAY, 7 JUN 2012
MLC Advice Solutions has appointed Marc Cassidy as its new state manager for Victoria, commencing July 2. Cassidy will assume responsibility for the delivery of the advice offering and practice management services to advisers in Victoria and Tasmania. ...

Consortium buys Challenger Infrastructure Fund assets

BEN COLLINS  |  TUESDAY, 5 JUN 2012
Challenger Infrastructure Fund has sold half of its asset base for $A286.79 million to a consortium which includes Australian super funds and a Dutch pension fund. Challenger Infrastructure Fund (CIF) has entered into a binding sale agreement for its ...

Market Wrap - Morning

AAP  |  MONDAY, 4 JUN 2012
SYDNEY - The Australian market looks set to open lower following major falls on Wall Street and European bourses on poor US jobs data and weak economic news from China and the eurozone. At 0750 AEST on Monday, the June share price index futures contract ...

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
While accepting that the Australian Prudential Regulation Authority could have done more, deputy chairman Ross Jones has moved to distance the regulator from the Trio disaster, placing the blame with trustees and auditors. "APRA's prudential supervision ...

ASIC highlights CFD compliance issues

BEN COLLINS  |  FRIDAY, 1 JUN 2012
The Australian Securities & Investments Commission review of client money handling and reconciliation practices has shown non-compliance by a number of issuers of over-the-counter contracts for difference and margin FX derivatives. The Australian Securities ...

APRA releases final form prudential standards

LINDA HAUSKEN  |  FRIDAY, 1 JUN 2012
The Australian Prudential Regulation Authority has released a set of prudential standards in final form, and a response paper as part of its review of capital standards for general and life insurers. The aims of Australian Prudential Regulation Authority's ...

Down and out in May

BENJAMIN ONG  |  FRIDAY, 1 JUN 2012
May's over. It's done, dusted, it's obituary is written and save for the diehard bulls - and perhaps, Warren (of the "be greedy when others are fearful" fame), best forgotten. Just our luck 'ey Virginia, the euro tragedy did a replay last month, giving ...