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Showing 6111 - 6120 of 10557 results for "BEI"

Annuities not right for default pensions: Rice Warner

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
Life annuities are not appropriate for default pension products as they lock members' money away, according to Rice Warner chief executive Michael Rice. Rice Warner has devised a default pension product based solely on an account-based pension model. ...

PROFILE: ME Bank CEO Jamie McPhee

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
Adelaide boy Jamie McPhee never worked a day in the profession for which he trained: civil engineering. Instead, on leaving university he headed straight to England to pursue a cricketing career in the Birmingham League. The highlight of his cricketing ...

SPAA defends SMSF tax rules

JAMES FERNYHOUGH  |  TUESDAY, 26 AUG 2014
The self-managed superannuation fund (SMSF) industry has downplayed concerns that it does not pay enough tax, arguing the same tax rules apply across the board. Responding to a front-page article in the Australian Financial Review today, SMSF Professionals' ...

IRESS co-founder departs

JAMES FERNYHOUGH  |  TUESDAY, 26 AUG 2014
IRESS chairman and founder Peter Dunai has today stepped down as chairman, being replaced by existing board member Tony D'Aloisio. Dunai, who co-founded IRESS in 1993, will continue to sit on the board until 30 September, at which point he will retire. ...

Netwealth overhauls adviser technology

ALICE URIBE  |  TUESDAY, 26 AUG 2014
Financial planning group netwealth Advice has completed the stage one build of its overhaul of its technology program. Over the last nine months the group has been improving its Model Office program through its Pathway Licensee Services business. According ...

Demand for alternatives sees Blue Sky profits rise

MARK SMITH  |  TUESDAY, 26 AUG 2014
Blue Sky Alternative Investments has reported a 60% increase in after tax profit of $6.24 million for the full year to 30 June. The alternatives fund manager's revenue grew 69% from $14.2 million to $24.0 million. The company will pay a fully franked ...

Heads up to where Wall Street's heading

BENJAMIN ONG  |  TUESDAY, 26 AUG 2014
It didn't happen overnight, but it is happening. The S&P 500 index flirted above its 2,000-point milestone -2001.95 points to be exact in intra-day trade - before closing at 1997.92 points. There's always tomorrow. With just another 2.1 points (0.1%) ...

Market wrap

AAP  |  MONDAY, 25 AUG 2014
Australian stocks were flat in early trade in a resilient start to the week following solid falls in the US and Europe on Friday. The Australian share market posted a seventh straight session of gains on Friday, taking it to a new six-year high. IG ...

Adviser jailed for blowing client funds on fast cars

MARK SMITH  |  THURSDAY, 21 AUG 2014
An adviser who defrauded investors out of $1 million to rent sports cars and buy a house has been jailed for more than five years following an investigation by the Australian Securities and Investments Commission (ASIC). Carlo Cini, a former director ...

Market Wrap AM

AAP  |  THURSDAY, 21 AUG 2014
The Australian market looks set to open higher after solid gains on Wall Street overnight. At 0654 AEST on Thursday, the September share price index futures contract was up 21 points at 5,527. Wall Street stocks have finished mostly higher as US Federal ...