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Showing 6051 - 6060 of 9320 results for "Red"

Coalition pledges support for super laws amendments bill

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
The Coalition has said it will support the federal government's Superannuation Laws Amendment Bill, granting tax relief to superannuation funds which do not acquire a MySuper licence. Under MySuper regulations, funds which do not offer a MySuper product ...

Hyperion joins Calastone's automated network

MARK SMITH  |  THURSDAY, 20 JUN 2013
Hyperion Asset Management has joined Calastone, an independent global transaction network for the superannuation and managed fund industries. The fund manager's membership automates flows from participating platforms and custodians into Hyperion Funds. ...

The Big Benny sings

BENJAMIN ONG  |  THURSDAY, 20 JUN 2013
I beg your pardon, but was that it? Was that the song we've waited all this time for Big Benny to sing? The song remains the same to me. The same tune Ben Bernanke sang on the 22nd of May. The June FOMC statement was practically a rehash of the one ...

Government to table concessional contributions bill

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
The government is expected to introduce legislation to ease penalties on excess concessional contributions into Parliament today. If amended, the Tax Laws Amendment Bill 2013 and Superannuation Imposition Bill 2013 will allow Australians to withdraw ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
Customised multi-asset portfolios regulated under unit trust schemes can help advisers comply with the new FoFA regime coming into force on 1 July. Select Asset Management (Select) has urged Australian financial advice firms to review the underlying ...

Ben's all that matters

BENJAMIN ONG  |  TUESDAY, 18 JUN 2013
Can you feel it? Can you feel it? Can you feel it? Can you feel the suspense building up to a crescendo? The FOMC starts their two-day policy meeting tonight and then finally...we might get closure on the taper thing. We could speculate about the indications ...

Still in Goldilocks land

BENJAMIN ONG  |  MONDAY, 17 JUN 2013
This is it! The is the time, this is the moment, this is the week when the most powerful man in the world set the record straight on this whole Fed tapering/unwinding/scaling back business. Can you hear that too, Virginia? The financial markets' collective ...

Big banks move into SBB space

JAMES FERNYHOUGH  |  FRIDAY, 14 JUN 2013
The Benevolent Society is teaming up with Westpac Institutional Bank and the Commonwealth Bank of Australia to issue Australia's second Social Benefit Bond (SBB) to fund the establishment of The Family Preservation Service. The service will focus on ...

Arena REIT lists on the ASX

ALICE URIBE  |  FRIDAY, 14 JUN 2013
The Arena Real Estate Investment Trust (REIT) has listed on the Australian Securities Exchange (ASX). Arena REIT investment mandate including in investing in childcare, education, healthcare and government The fund is raising $75 million by the issue ...

Fund manager dismisses super fund fee demands

MARK SMITH  |  FRIDAY, 14 JUN 2013
While institutional investors have a tendency to negotiate aggressively on the amount they pay for fund managers' expertise, Platinum Asset Management chief investment officer Andrew Clifford said cutting fees does not automatically result in better ...