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Showing 3461 - 3470 of 4761 results for "July 2011"

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
Superannuation industry bodies have until January 13 to make submissions on the second tranche of the government's Stronger Super legislation, unveiled late yesterday. The latest exposure draft follows the introduction of the first part of the Superannuation ...

Plan 5 and counting

BENJAMIN ONG  |  MONDAY, 12 DEC 2011
It was the summit touted as the one to end all summits. But nah! As Daryll Kerrigan in the "The Castle" would say, "tell him he's dreaming". Five Plans done, "n" to go. Last weekend's European Summit produced something - well, sort of - and the equity ...

SMSF sector tackling misconceptions

ELISE BURGESS  |  WEDNESDAY, 7 DEC 2011
Common misconceptions about SMSFs and upcoming draft legislation are all playing a part in shaping this sector for 2012, with borrowing, auditors and sector growth impacting on the entire super industry. Peter Burgess, technical director for the Self-Managed ...

Christmas deadline for FOFA clarity: ANZ

CLAIRE MCGREAL  |  WEDNESDAY, 7 DEC 2011
ANZ Wealth has warned that Christmas is the "absolute drop dead date" for clarity on FOFA reforms before implementation costs double. Paul Barrett, ANZ general manager advice and distribution, told reporters in Sydney yesterday that time is ticking ...

Managed accounts get FOFA boost

ELISE BURGESS  |  TUESDAY, 6 DEC 2011
Managed Discretionary Accounts are reaping some benefits from the introduction of FOFA as advisers turn to new investment vehicles, recording $150 million of inflows during the five months to November 30 for IAS. Investment Administration Services (IAS) ...

PJC: Government needs to re-think payday reforms

RACHEL DAVIS  |  MONDAY, 5 DEC 2011
The Government's proposed reforms aimed at tightening controls over payday lenders need to be reassessed, the Joint Committee on Corporations and Financial Services has found. On 22 September 2011, the House of Representatives referred the Consumer ...

BlackRock launches sovereign risk management fund

CLAIRE MCGREAL  |  MONDAY, 5 DEC 2011
BlackRock Investment Management has launched a new sovereign risk management fund for Australian institutions. BlackRock said its Global Screened Government Bond is supported by the firm's Sovereign Risk Index, and is a proprietary index ranking the ...

Melbourne director gets jail sentence

CLAIRE MCGREAL  |  THURSDAY, 1 DEC 2011
A former Melbourne company director has been sentenced to a total of three years and two months behind bars on charges which include insolvent trading and theft. Anula Kumari Kaye, 59, of Toorak, former director of International Consulting Group (ICG) ...

FOFA implementation time vital: ASFA

CLAIRE MCGREAL  |  THURSDAY, 1 DEC 2011
ASFA is calling for a 12 month "transition period" from the proposed FOFA start date next winter to give the industry time to properly implement the changes. In its submission to the Parliamentary Joint Committee (PJC), the Association of Superannuation ...

Government confirms super guarantee age limit abolished

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
The move to scrap the superannuation guarantee age limit will give Australians an incentive to remain in the workforce for longer, according to the Government. Superannuation Minister Bill Shorten has confirmed that the amendment to abolish the age ...