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Showing 561 - 570 of 752 results for "Relief"

AIA raises US$20.5bn in IPO

JOHN MCDULING  |  TUESDAY, 2 NOV 2010
... reported in overseas newspapers to be among the largest institutional investors that participated. The sale was a huge relief for AIG, after a deal to offload the unit to UK insurer Prudential fell apart earlier this year, after the UK insurer's shareholders ...

Unitholders approve Challenger mortgage fund restructure

JOHN MCDULING  |  TUESDAY, 2 NOV 2010
... lending proposals with a view to deploying around $200 million in senior secured loans over the next 12 months. "It's a relief that our investors strongly supported the proposal because it wasn't easy to design a solution to accommodate their differing ...

UK fast tracks pension reforms

JOHN MCDULING  |  THURSDAY, 21 OCT 2010
... overnight that the pension age will rise to 66 by 2020, six years earlier than previously planned. The allowance for tax relief on pension contributions was also slashed from 255,000 to 55,000 per annum. The government hopes to save 5 billion a year ...

Moving forward with Gillard

JOHN MCDULING  |  WEDNESDAY, 8 SEP 2010
Industry bodies have expressed relief at PM Julia Gillard's formation of a minority government and remain hopeful that an increase to the superannuation guarantee will be passed under a hung parliament. "We welcome the end of the uncertainty, with the ...

Market Wrap - Morning

AAP  |  TUESDAY, 27 JUL 2010
... ($A39.4 million). Investors refocused on the upcoming local corporate reporting season as world share markets rallied on relief there were no nasty surprises in stress test reports for European banks at the weekend.

OneCare upgrades benefit more workers

MICHAEL HOBBS  |  THURSDAY, 1 JUL 2010
... its OneCare risk products by broadening the number of occupations that qualify for income protection and providing more relief for medical workers. The income protection cover has been extended to mining, oil and gas-related occupations, which includes ...

Govt extends drawdown relief for account-based pensions

MICHELLE BALTAZAR  |  THURSDAY, 1 JUL 2010
The government has extended the drawdown relief currently provided for account-based superannuation pensions to the 2010-11 year. Under existing laws, self-funded retirees are required a set minimum payment from their superannuation account-based pension ...

AvSuper unveils intra-fund advice service

RUTH LIEW  |  WEDNESDAY, 16 JUN 2010
AvSuper joins the growing number of super funds that are using the intra-fund advice regulatory relief to engage members, with plans to roll out a full-fledged intra-fund advice service next month. AvSuper received authorisation under ASIC's class order ...

Market Wrap - Midday

AAP  |  TUESDAY, 8 JUN 2010
... package, as expected. Better-than-expected April industrial orders in Germany, Europe's strongest economy, provided some relief but an uncertain start on Wall Street then undercut an attempted rebound. The FTSE 100 index ended down 56.94 points, or 1.11 ...

AFA airs planner worries on fin reforms

MICHELLE BALTAZAR  |  TUESDAY, 1 JUN 2010
... their concerns. This includes questions on how volume-based remuneration will be set post-reforms; the intra-fund advice relief for super funds and whether advisers should have a similar exemption; and ensuring the reforms don't marginalise independent ...