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Showing 471 - 480 of 677 results for "Shorte"

Super funds to provide standard risk measure

MATT WOODINGTON  |  MONDAY, 1 AUG 2011
Under new guidelines announced by the Association of Superannuation Funds of Australia and the Financial Services Council, super funds will provide a 'standard risk measure' as of June 22, 2012. The standard measure estimates the number of negative ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The Federal Government said today it is not leaning one way or the other on the split between retail and industry funds on super fees. Paul Costello, chairman of the Stronger Super Peak Consultative Group last week handed Assistant Treasurer Bill Shorten ...

Bank of Melbourne relaunches with plans for 90 new branches

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
The first accounts were opened today at the new Bank of Melbourne, as Westpac rebrands its St George group and embarks on an expansion drive to capture the Victorian regional market. Scott Tanner, chief executive, said the bank today opened three new ...

Industry brawl erupts over super network ads

ALISON BEVEGE  |  FRIDAY, 15 JUL 2011
Financial service industry feuds erupted again today as the Financial Planning Association fired a shot across the bow of the Industry Super Network over an advertising campaign that it believes harms financial planners. The print advertisements allege ...

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 ...

Australia secures 30 TIEA partners

ELISE BURGESS  |  THURSDAY, 14 JUL 2011
Australia has formed tax information exchange agreements with 30 jurisdictions after securing partnerships with Costa Rica and the Special Administrative region of Macao, People's Republic of China. The agreements are formed to open the channels of ...

Govt responds to self-funded retirees

ELISE BURGESS  |  TUESDAY, 12 JUL 2011
Self-funded retirees may not be left out in the cold in the new carbon tax scheme after all, with Assistant Treasurer Bill Shorten announcing more package highlights to Tasmanian retirees. Yesterday self-funded retirees expressed concern of being ignored ...

Govt $41m finance centre launches new projects

ELISE BURGESS  |  MONDAY, 11 JUL 2011
The Federal Government has officially launched its Centre for International Finance and Regulation, with funding allocations to research projects including High Frequency Trading. Assistant Treasurer and Minister for Financial Services and Superannuation ...

Medicare to handle compassionate super payouts

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
The government has relieved the Australian Prudential Regulation Authority (APRA) of its duties to administer the early release of superannuation on compassionate grounds, handing the responsibility to Medicare. Only around $1.5 million of super savings ...

Govt closes in on phoenix super dodgers

ELISE BURGESS  |  WEDNESDAY, 6 JUL 2011
The Federal Government is moving to protect employees from losing their super to 'phoenix' companies, including making directors personally liable, after releasing draft legislation and calling for submissions from the industry. Assistant Treasurer ...