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Showing 3501 - 3510 of 3940 results for "USI"

First Home Saver proposal a winner

ALEX DUNNIN  |  TUESDAY, 6 NOV 2007
The proposal by Opposition Leader Kevin Rudd for a "super style" savings scheme to help first home buyers save for a home has drawn strong support from the superannuation industry already champing at the bit to get involved. The proposal works by letting ...

Super switchers fall

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
The number of investors switching funds has continued to decline, with only 3.7 per cent of investors switching in the March quarter and only 3.3 per cent in the June quarter, according to a new Roy Morgan report. The report stated while December showed ...

Cairns planner jailed for fraud

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
A Cairns financial adviser has been sentenced to eight years jail after pleading guilty to 14 fraud charges involving almost $1 million of client money. The Cairns District Court sentenced the man, Piet Cornelius Walters, on October 30, after he pleaded ...

Sustainable audits need more structure

MICHAEL HOBBS  |  THURSDAY, 1 NOV 2007
Two in five companies are at risk of not fully complying with a new emission auditing law that will come into effect next year, according to a new study. A joint Jones Lang LaSalle and CoreNet Global research study found only one in five Australian ...

BT Financial and Westpac launch all-in-one super

MICHAEL HOBBS  |  TUESDAY, 30 OCT 2007
A month after BT Financial Group chief executive Rob Coombe challenged the industry to find better ways to engage the public on the retirement savings debate, the group and Westpac have introduced sweeping changes to the way BT provides superannuation-related ...

Integrity opens to retail

Integrity, a boutique fund set up by former UBS Australian equities head Paul Fiani, hits the ground running with $400 million in institutional money already invested and a new retail fund launched last week. The Integrity Australian Share fund, loosely ...

ATO fines SMSF $62k

MICHAEL HOBBS  |  MONDAY, 29 OCT 2007
As the Australian Tax Office cracks down on SMSF misuse, a trustee couple representing Axent Group have been fined up to $62,500 for using nearly $150,000 in fund assets to pay their personal debt. The group has been fined $30,000 after selling property ...

Airing the dirty sub-prime linen

SUZY MAC  |  MONDAY, 29 OCT 2007
Did he jump or was he pushed? Either way Merrill Lynch boss Stanley O'Neal will be wearing a large golden parachute to ensure his soft landing, despite the investment bank's recent announcement of spectacular sub-prime losses. As Bloomberg tells it ...

Rocketing small caps slow big cap funds

CHRIS NICHOLLS  |  FRIDAY, 26 OCT 2007
Strong small cap performance in the last three years has dragged down a large cap manager's performance relative to the index, according to data from research software provider Inalytics. The discovery came when a UK pension fund client asked Inalytics ...

SSgA launches Global Total Equity Returns in Australia

ALEX DUNNIN  |  THURSDAY, 25 OCT 2007
Harnessing investor appetite for products focusing on risk management, State Street Global Advisors (SSgA) is launching their Global Equity Total Return product into the Australian market. Arlene Rockefeller, CFA and senior managing director of global ...