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Showing 3911 - 3920 of 5917 results for "March 2011"

Opes Prime directors admit guilt

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
Lirim Emini and Anthony Blumberg, the former directors of Opes Prime Stockbroking (OPSL), pleaded guilty to charges related to the collapse of the company in 2008, which left around $630 million owed to creditors. Facing charges brought by ASIC in front ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 JUL 2011
The Australian dollar was higher at noon, after dipping briefly on concerns the central bank has softened its outlook for domestic interest rates. At 1200 AEST on Monday, the Australian dollar was trading at 106.33 US cents, up from from 106.00 US cents ...

Super fund director taken to court for fees

ALISON BEVEGE  |  MONDAY, 18 JUL 2011
An industry superannuation fund director and union boss is being taken to court for the board fees he earned, by another state secretary of his union. Dean Mighell, Victorian secretary of the Electrical Trades Union (ETU), lodged a statement of claim ...

Cost of living outpacing retirement incomes

ELISE BURGESS  |  FRIDAY, 15 JUL 2011
Retirement incomes need to grow by $600 per year to comfortably keep pace with rising costs of living, new figures have confirmed. Costs climbed by 1.3% in the March quarter this year from the December quarter 2010, according to the Association of Super ...

Market Wrap - Morning

AAP  |  FRIDAY, 15 JUL 2011
The Australian share market is set for a weaker start today as debt concerns in the United States and Europe saw markets fall despite some positive US economic news. At 0754 AEST the local September share price index futures contract was down nine points ...

Govt invites input on move to halve tax on savings

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
Financial advisers, superannuation funds and funds managers have the chance to comment on the Federal Government proposal to halve taxes on interest income. Minister for Financial Services Bill Shorten has released a discussion paper outlining the move ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 JUL 2011
The Australian share market is set for a slightly higher start after China's economic growth and comments from the US Federal Reserve that it is prepared to renew stimulus fuelled gains overseas. At 0752 AEST the local September share price index futures ...

IOOF tweaks platform risk insurance for super

ALISON BEVEGE  |  WEDNESDAY, 13 JUL 2011
Financial services company IOOF has introduced changes to its platform risk insurance for superannuation, it said today. The firm, which had $104.5 billion in funds under advice and management as of March 31, said it had collaborated with TAL Life Limited ...

Market Wrap - Morning

AAP  |  TUESDAY, 12 JUL 2011
The Australian share market is set to continue to fall today as concerns about the possibility of more European governments hitting serious debt problems sparked major falls on world markets overnight. At 0724 AEST the local September share price index ...

Call for self-funded retirees inclusion

ELISE BURGESS  |  MONDAY, 11 JUL 2011
Sunday's carbon tax announcement has produced mixed results for pensioners with approximately 285,000 self-funded retirees to miss out on the compensation scheme for pensioners, according to the National Seniors Australia. As it stands now, pensioners ...