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Showing 3391 - 3400 of 4777 results for "July 8"

Foreign MIS tax legislation delayed

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Federal government plans to raise the tax rate on managed investment schemes have been delayed after the proposal was pulled from a bill before parliament yesterday. The measure proposed to double the rate from 7.5% to 15%, forcing assistant treasurer ...

Fed twists again like it did last summer

BENJAMIN ONG  |  THURSDAY, 21 JUN 2012
Is this all we get? No, QE? Just an extension of what we've seen over the past year? Not happy Ben. Wall Street's disappointment became evident as soon as the US Federal Reserve's decision hit the screens shortly after midday NY time -- the Dow dropped ...

MLC appoints head of practice management

LINDA HAUSKEN  |  TUESDAY, 19 JUN 2012
MLC Advice Solutions and Godfrey Pembroke have appointed Jasia Fabig to the newly created role of head of practice management. Fabig's new role will start mid July and see her lead and develop MLC's practice management offering. Fabig has 17 years experience ...

ASIC winds up unregistered managed investment scheme

BEN COLLINS  |  FRIDAY, 15 JUN 2012
The Australian Securities & Investments Commission has obtained orders in the Supreme Court of New South Wales to wind up an unregistered managed investment scheme operated by Secured Bond Ltd. In proceedings on 28 May 2012, the Supreme Court also made ...

Schroders restores Aus equities team

MELANIE TIMBRELL  |  THURSDAY, 14 JUN 2012
Schroders has appointed two analysts to the Australian equities team, taking the team back to 13 following departures in March. The new appointments, David Heard and Ray David, were made in response to Kent Jensen and Alex Mears leaving the firm in ...

Telstra Super launches income option

MELANIE TIMBRELL  |  WEDNESDAY, 13 JUN 2012
Telstra Super has added an income option to its diversified investment stable in response to member demand for more retirement solutions. The 'Diversified Income' option focuses primarily on an income stream, while still achieving some growth on initial ...

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. ...