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Showing 6161 - 6170 of 10557 results for "BEI"

Packer launches $200 million philanthropic fund

MARK SMITH  |  WEDNESDAY, 23 JUL 2014
Gaming billionaire James Packer has launched a $200 million philanthropic fund to support the arts and Indigenous education for the next 10 years. The Foundation will be funded jointly by the Packer Family Foundation and the Crown Resorts Foundation ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
The government has launched its much-anticipated review of Australia's underdeveloped retirement income industry with the release of a comprehensive discussion paper. The 21-page paper discusses measures to overhaul the entire regulatory regime of the ...

Korean military fund puts $40m in Aussie infrastructure

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
South Korea's $8.5 billion Military Mutual Aid Association (MMAA) has become the first overseas investor to invest in industry super investment vehicle The Infrastructure Fund. As well as being the only non-Australian stakeholder in The Infrastructure ...

ASIC puts hold Custom Wealth's AFSL

STAFF WRITER  |  TUESDAY, 22 JUL 2014
Brisbane-based Custom Wealth Solutions has also lost its Australian financial services (AFS) licence for three months. ASIC suspended the group's licence after it entered into receivership on June 11, 2014. The regulator has also permanently banned ...

Market wrap AM

AAP  |  MONDAY, 21 JUL 2014
The Australian market looks set to open higher after US stocks surged as strong Google earnings and a large pharmaceutical deal offset worries about worsening international crises in Ukraine and Gaza. At 0645 AEST on Monday, the September share price ...

SMSFs stung by $1M property Ponzi scheme

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
Barry John Patrick, a 71-year-old man from Victoria, has been charged for illegally obtaining more than $1 million from self-managed super fund (SMSF) investors to fund property development. Patrick obtained the money from 14 investors between 2007 ...

The 60-year-old investing idea that keeps on giving

MICHELLE BALTAZAR  |  FRIDAY, 18 JUL 2014
An investment product that rose out of a fund manager's 60 year mortgage lending experience has just notched up its fourth positive research recommendation. The La Trobe Financial Pooled Mortgages Option (PMO) has just been rated 'recommended' by Zenith ...

FEATURE: The metamorphosis of custody

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
Spurred on by intense competition and increasingly exacting clients, custodians are transforming themselves into much more than just custodians. James Fernyhough takes a look at some of the new services they are offering. On the surface, custody looks ...

Life's a bargain

BENJAMIN ONG  |  FRIDAY, 18 JUL 2014
"Imagine there's no countries It isn't hard to do Nothing to kill or die for And no religion too Imagine all the people Living life in peace..." -- Imagine, John Lennon On their own, they could have been easily ignored by financial markets - and dip ...

Telstra offers incentives to switch DB members to accumulation

MARK SMITH  |  THURSDAY, 17 JUL 2014
Telstra has asked for volunteers from its approximately 6,100 employees who are on defined benefit pensions to switch to Telstra Super's accumulation division. "Telstra Super is well positioned to provide the information, education and advice that is ...