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Showing 4001 - 4010 of 4897 results for "Alex"

Future Fund chair attacks RSPT

ALEX DUNNIN  |  MONDAY, 7 JUN 2010
In an unprecedented intervention into the political war around the government's mining tax proposal, the chairman of the public sector Future Fund said the tax should be re-designed or scrapped. David Murray, Future Fund chairman, told Business Spectator ...

APRA concedes on life ins data, slaps down friendlies

ALEX DUNNIN  |  WEDNESDAY, 2 JUN 2010
After taking on and beating the super funds industry on public disclosure of fund level data, the regulator APRA has bowed to life insurance industry concerns and agreed to not disclose group wide performance metrics. In November 2009 APRA released ...

ING Aus opens Wollongong hub, to hire 600 staff

ALEX DUNNIN  |  MONDAY, 31 MAY 2010
NSW Premier Kristina Keneally this morning opened the new ING superannuation and investments operations centre in Wollongong south of Sydney, the upgraded hub that is set to grow its staff numbers from 350 to 600 in three years. The four-and-a-half ...

New performance reporting standards for retail funds

ALEX DUNNIN  |  WEDNESDAY, 26 MAY 2010
The Investment and Financial Services Association is implementing a new investment reporting format that will require retail super funds to revert back to performance figures gross of any ongoing and advice fees. The objective is to facilitate comparability ...

Dixon to list corporate bond funds

COMPANY RELEASE  |  MONDAY, 24 MAY 2010
Dixon Advisory & Superannuation Service is seeking to list three of its corporate bond funds on the ASX. Alex MacLachlan, head of funds management at Dixon Advisory and a director of the funds, said it's very difficult for small investors to buy a portfolio ...

Resistance grows to SG increase

ALEX DUNNIN  |  FRIDAY, 21 MAY 2010
Opposition is growing to increasing the Superannuation Guarantee and the super funds industry has a major fight on its hands. The Australian Chamber of Commerce and Industry (ACCI) said it rejects financial services industry claims that the SG increase ...

New mortgage platform to offer top commissions

ALEX DUNNIN  |  THURSDAY, 20 MAY 2010
The heat may be on financial advisers to remove incentive payments and prove they are acting in the best interests of their clients, but for mortgage brokers untouched by these reforms it's business as usual. Licensed Finance Brokers of Australia (LFBA) ...

RSPT is govt trying to pick winners: academic

ALEX DUNNIN  |  THURSDAY, 20 MAY 2010
The resource super profits tax (RSPT) is a cash grab from the mining industry that shows overseas investors Australia is prepared to change the rules at the height of a boom, said a leading tax academic. Professor Neil Warren from the Australian School ...

RSPT reaction excessive: ISN

ALEX DUNNIN  |  TUESDAY, 11 MAY 2010
An analysis of the proposed Resources Super Profits Tax (RSPT) by Industry Super Network reveals that its short-term introductory costs of 12 basis points will be more than offset by positive impacts on mining companies and super fund returns as they ...

New mining tax is miners' own idea

ALEX DUNNIN  |  FRIDAY, 7 MAY 2010
Super funds and investors upset about the mining stocks plunge this week should shift their blame from the government and instead zero in on the miners themselves because it was their idea. In a 20-page submission to the Henry Review in November 2008 ...