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Showing 5981 - 5990 of 6516 results for "Jul"

FSS scores as default fund for ACT Govt

KATE HAGE  |  FRIDAY, 23 JUN 2006
First State Super (FSS) has won its first tender as a public offer super fund, being selected as the default fund for the ACT Government. The appointment follows the fund going public offer in May, and default funds become a compulsory requirement under ...

No free lunch with high conviction funds: WestLB Mellon

Global investment manager WestLB Mellon played host to a round table session in Sydney this week where the who's who of the financial services industry battled out the pros and cons of so-called high conviction funds. Fittingly held at swish Hemmes ...

Banks under growing IT security threat: Deloitte

Financial institutions need to get serious about their IT security after the latest Deloitte Global Security Survey found that more than three-quarters of the world's leading 150 finance groups suffered a serious security breach in the last 12 months. ...

LinQ Resources trebles distribution yield

Listed resources fund LinQ (ASX: LRF) is giving its investors an early Christmas present in the form of a 250 per cent rise on its distribution yield. A specialist in small to medium resources investments, LinQ is a West Australian based fund that floated ...

Russell emerges as Tower's MTM frontrunner

KATE HAGE  |  TUESDAY, 20 JUN 2006
Tower Australia looks set to outsource the management of its multi-manager product following a board meeting in early July, and industry sources believe Russell Investment Group is already the clear frontrunner for the contract. Tower revealed last ...

AWM streamlines admin through Supercorp

Australian Wealth Management (AWM) Limited has selected Supercorp to be their exclusive small APRA funds (SAF) administration platform, thanks to the latter's end-to-end administration technology. AWM took the gargantuan task of transferring millions ...

Budget transitional arrangements for over 65s

ALEX DUNNIN  |  WEDNESDAY, 14 JUN 2006
The Treasurer has announced transitional provisions to apply to the proposed $150,000 annual cap on post-tax contributions while also adjusting the payment rules for people aged 65 and over. However, post-tax contributions made between 1 July 2005 and ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2006
US producer prices increased by 0.2 per cent in May, lower than market expectations for a 0.4 per cent rise. However, the core PPI rate - which excludes food and energy - went up by a larger than expected 0.3 per cent. Year-on-year, headline PPI is ...

ACT govt slashes SG

HAMISH MADDEN  |  THURSDAY, 8 JUN 2006
In its 2006-07 Budget, the ACT Government has announced it will reduce its superannuation guarantee level to 9 per cent from 1 July 2006 in a bid to reel in the expected 700 per cent increase in super costs over the next 30 years. Up until now all employees ...

ASIC charges four over margin lending scam

HAMISH MADDEN  |  WEDNESDAY, 7 JUN 2006
Four people have been charged by the Australian Securities and Investments Commission (ASIC) regarding unlawful and misleading conduct which resulted in Sydney investors taking out and subsequently defaulting on Macquarie Bank Margin Lending loans. ...