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| | | SMSFs should be banned from including collectables and 'personal use' assets into their fund and will be subject to tougher penalties if they break the rules, according to the preliminary recommendations of the Cooper Review released today.In the SMSF ... |
| | | | Emilio Gonzalez, chief executive at BT Investment Management (BT IM), is worried investors are placing too much emphasis on China's growth, which could have a significant impact on portfolios if the bet doesn't pay off. In his first external speech ... |
| | | | The Australian share market was up marginally at noon, with rising mining and energy stocks providing a boost. At 1200 AEST the benchmark S&P/ASX200 index was up 2.4 points, or 0.05 per cent, at 4,883.9 points, while the broader All Ordinaries index ... |
| | | | The regulator has charged three former directors of Australian Capital Reserve (ACR) for forging financial statements. Samuel Pogson of Wahroonga; Murray Lapham of Turramurra and Steven Martin of West Pennant Hills, all from New South Wales, were charged ... |
| | | | AXA Real Estate Investment Managers has signed a deal with Sumitomo Trust and Banking to raise $585 million for a Japanese real estate investment trust. The fund, which is expected to open in the first half of this year, is hoping to gain capital commitments ... |
| | | | "Oh what a tangled web we weave, when first we practice to deceive." - Sir Walter Scott (Marmion, 1808) Greece has just climb 10 notches up crap creek when Eurostat - the European Union's official Statistician - called it a liar. Eurostat revealed last ... |
| | | | The UK's Financial Services Authority is launching its own investigation into Goldman Sachs' alleged fraud activities, following charges to the firm by the Securities and Exchange Commission in the US. The FSA said in a short statement yesterday that ... |
| | | | The regulator has banned a Brisbane-based former client adviser, Roy Ho, from providing financial services for life. Ho, who previously worked at Tricom Futures Services, now known as Stonebridge Futures Services, admitted to using nine client trading ... |
| | | | The Australian market has received strongly positive leads from offshore trading overnight, with most major markets comfortably higher, including oil and precious and base metals. At 0700 AEST on the Sydney Futures Exchange, the June share price index ... |
| | | | The public could soon have access to a new superannuation product called 'MySuper', which is free from trailing commissions, charges no contribution fees and is much easier to understand, under proposals outlined by the Cooper Review today. The preliminary ... |
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