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Showing 3431 - 3440 of 4761 results for "July 2011"

Legg Mason Real Income Fund rated Highly Recommended

RACHEL DAVIS  |  WEDNESDAY, 28 MAR 2012
Legg Mason's Australian Real Income Fund has received the rating of 'Highly Recommended' by research house Lonsec. Lonsec awarded the 'Highly Recommend' rating, in part, for the "improved resourcing and skills of the investment team responsible for ...

APRA calls for dialogue with funds on MySuper

MELANIE TIMBRELL  |  WEDNESDAY, 21 MAR 2012
Superannuation funds thinking about offering a MySuper product should start talking to APRA now, said the regulator, who acknowledged the timeframe was tight, but said there should be "no surprises" when the draft standards are released next month. ...

Praemium board restructure

CLAIRE MCGREAL  |  WEDNESDAY, 21 MAR 2012
Financial portfolio administrator Praemium has made a number of changes to its board, which includes the resignation of non-executive director and former chair Don Stammer. Stammer was chair from the time the company was first listed on the ASX in July  ...

Australia's Apple

BENJAMIN ONG  |  TUESDAY, 20 MAR 2012
Apple today convinced investors to stay. This was the general thrust on the why's and wherefore's of Wall Street's good performance overnight. Apple CEO Tim Cook didn't launch yet another iTech innovation, but his announcement made investors happy all ...

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
The Financial Services Council is urging Senators to pass legislation to increase the superannuation guarantee, tabled for today, saying Australians would benefit to the tune of $184bn as a result. New research carried out by Rice Warner Actuaries for ...

Co-contrib changes need advice strategy update

ELISE BURGESS  |  MONDAY, 19 MAR 2012
IOOF has cautioned advisers to prepare for the proposed reduction of the co-contribution matching rate from July 1, potentially impacting on a popular strategy for low income clients. Currently low income earners can co-contribute $1,000 into their ...

AAT confirms ASIC planner ban

ELISE BURGESS  |  FRIDAY, 16 MAR 2012
The Administrative Appeals Tribunal has agreed with ASIC's decision to ban former Commonwealth Financial Planner Don Nguyen from providing financial services for seven years. Nguyen of Dulwich Hill, New South Wales, was disqualified by the Australian ...

Mandatory FOFA start date confirmed for July 2013

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
The financial services industry has been given another year to implement the FOFA reforms, with the mandatory industry wide start date confirmed as July 1, 2013. Financial Services Minister Bill Shorten announced the proposed FOFA changes will kick ...

Take advantage of current concessional caps: OnePath

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
Advisers should urge their clients to take advantage of current super concessional caps, with legislative uncertainty surrounding contribution limits for the over 50s from July 1. That's according to Andrew Lowe, head of technical sales strategy at ...

Australian Capital Reserve directors sentenced

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
The former directors of Australian Capital Reserve have been given prison sentences on ASIC charges of false or misleading statements in the company's accounts and a prospectus. The three directors will serve their terms through Intensive Correction ...