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Showing 5351 - 5360 of 6884 results for "Act2"

UK edges closer to universal pension scheme

JOHN MCDULING  |  FRIDAY, 5 NOV 2010
The ruling Conservative-Liberal Democrat coalition will push ahead with plans to introduce a universal pension scheme in the UK. Chancellor George Osborne recently gave the green light for the establishment of the National Employment and Savings Trust ...

Toll roads lead global $50bn M&A activity

ELISE BURGESS  |  FRIDAY, 5 NOV 2010
Infrastructure investments worldwide are due to attract at least $50 billion from pension and sovereign funds over the next two years with toll roads at the top of the buy list. According to the latest UBS report, there are a number of major takeover ...

Insurance shows industry divide

ELISE BURGESS  |  WEDNESDAY, 3 NOV 2010
The latest AMP Poll has highlighted the issue of division within the financial planning industry between risk management specialists and those who see it as an add-on. The poll reported that the majority of financial planners believe that the cost of ...

Commonwealth Fin Plng compensates investors

ASIC RELEASE  |  WEDNESDAY, 3 NOV 2010
Commonwealth Financial Planning will implement a major client compensation program after an ASIC investigation. According to ASIC, a former CFP representative employed until July last year potentially breached various sections of the Corporations Act  ...

EISS takes over FuturePlus

RUTH LIEW  |  TUESDAY, 2 NOV 2010
Energy Industry Superannuation Scheme has taken over Local Government Super's stake in FuturePlus Financial Services. The $3 billion EISS acquired LGS' shares in FuturePlus for an undisclosed sum, leaving the admin and investment firm to focus its services ...

The hidden costs hurting returns

JOHN MCDULING  |  FRIDAY, 29 OCT 2010
While super funds focus their anger on investment management fees, they may be overlooking hidden transaction costs that can also detract significantly from returns, according to experts. The list of grievances super funds have on investment fees is ...

Media Super signs UN PRI

RUTH LIEW  |  FRIDAY, 29 OCT 2010
Media Super has become one of the latest super funds to adopt the United Nations Principles for Responsible Investment. Media Super, the industry fund which caters to people in creative industries, said it believes companies that act in a responsible ...

Punting on next week

BENJAMIN ONG  |  WEDNESDAY, 27 OCT 2010
Freeze frame. Wall Street has frozen with excitement. Disappointing US third quarter earnings releases last night didn't matter -majority of companies still beat expectations anyway. Data on US house prices didn't matter - they don't know where they're ...

Political heat rising on ASX takeover

JOHN MCDULING  |  TUESDAY, 26 OCT 2010
... account by regulators. The deal requires approval from the Treasurer on two counts, under the Foreign Acquisition and Takeovers Act (FATA), which applies to all foreign takeovers, and additionally under section 850c of the Financial Services Reform Bill. ...

Market Wrap - Midday

AAP  |  MONDAY, 25 OCT 2010
The Australian share market was stronger at noon, led by the financial and energy sectors, as a wave of by-orders pushed stocks up from a flat open. At 1200 AEDT, the benchmark S&P/ASX200 index was up 46.1 points, or 0.99 per cent, at 4,694.3, while ...