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Showing 6191 - 6200 of 10706 results for "May 2012"

"Free set up" SMSF administrator pays infringement notice over bogus claims

ALICE URIBE  |  TUESDAY, 18 MAR 2014
Self- managed superannuation fund (SMSF) administration company SuperHelp Australia (SuperHelp) has paid a $10,200 infringement notice penalty after making potentially misleading statements about the cost of setting up an SMSF. ASIC's concerns related ...

PC examines Weaven's 'inverted bid' infra model

JAMES FERNYHOUGH  |  MONDAY, 17 MAR 2014
The Productivity Commission (PC) has given qualified support to Industry Super Australia's (ISA's) 'inverted bid' model for investing in greenfield infrastructure projects in its draft report on public infrastructure. Informally known as the 'Weaven ...

BestEx enters joint venture with US trading firm

JAMES FERNYHOUGH  |  MONDAY, 17 MAR 2014
Australian outsourced trading firm BestEx has entered into a joint venture with US counterpart TORA offering global trading services to Australia-based fund managers. Under the arrangement, BestEx clients will be able to use TORA's technology and international ...

PC calls for overhaul of public infrastructure

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
The Productivity Commission (PC) has recommended a "comprehensive overhaul" of Australia's public infrastructure following the release a draft report on the topic. The report, which runs for nearly 600 pages, covers issues such as funding new projects ...

You go NZ

BENJAMIN ONG  |  THURSDAY, 13 MAR 2014
Extra! Extra! Read all about it! Extra! Wheeler has just wheeled out of the club this morning. Oh sorry, that's Reserve Bank of New Zealand Governor (RBNZ) Graeme Wheeler to us. And heavens bless his soul, else I would be stuck repeating the oh so many ...

High risk investors lose appetite for risk

JAMES FERNYHOUGH  |  WEDNESDAY, 12 MAR 2014
The first quarter of 2014 has seen a marked drop in risk appetite among ordinarily high-risk investors, research from CoreData has shown. Only 19.1% of investors with high risk profiles said they were likely to invest in new equities or products in ...

IFM Investors expands Asia sales team

LAURA MILLAN  |  WEDNESDAY, 12 MAR 2014
IFM Investors has appointed a director of business development in Australia who will be reporting to the Japan-based executive director of business development. Dan Vanden Boom joins IFM investors from Morgan Stanley Investment Management and has 15 ...

Bailey to stay in fin services after Fidelity resignation

ALICE URIBE  |  WEDNESDAY, 12 MAR 2014
Former Fidelity International in Australia (Fidelity) head of institutional business Gary Bailey will remain in the financial services industry, despite resigning from the investment manager earlier this year. Bailey who spent five years at Fidelity ...

Retiree 4pct drawdown limits too high

ALEX DUNNIN  |  TUESDAY, 11 MAR 2014
New research released by the Financial Services Institute of Australia (Finsia) reveals that the standard 4% retirement income drawdown may be too high and inadvertently result in retirement funds running out too quickly. The research is detailed in ...

SPAA calls for reduction in SMSF levy

JAMES FERNYHOUGH  |  MONDAY, 10 MAR 2014
The Australian Taxation Office's (ATOs) annual levy on self-managed superannuation funds (SMSFs) should be reduced in the May budget, according to the SMSF Professionals' Association of Australia (SPAA). SPAA's senior manager, technical and policy ...