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Showing 611 - 620 of 783 results for "Collins"

ILB protect fixed-income: HSBC

BEN COLLINS  |  FRIDAY, 22 JUN 2012
Inflation linked bonds should remain part of any long term investor's arsenal because over the long term they have proven to be an effective way to hedge against inflation regardless the current short term trend to low inflation or institutional investors ...

Vic to issue bonds to plug VisionSuper DB deficit

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Victorian councils will fund a deficit uncovered in a Vision Super defined benefit fund through a special purpose bond issue backed by the state government. The Melbourne-based industry super fund, which manages funds on behalf of public sector employees ...

Foreign MIS tax legislation delayed

BEN COLLINS  |  THURSDAY, 21 JUN 2012
Federal government plans to raise the tax rate on managed investment schemes have been delayed after the proposal was pulled from a bill before parliament yesterday. The measure proposed to double the rate from 7.5% to 15%, forcing assistant treasurer ...

110 years prison for ex-SIB chief

BEN COLLINS  |  THURSDAY, 21 JUN 2012
In one of the most extreme prison sentences of its type, the former Chairman of Stanford International Bank has been sentenced to 110 years imprisonment in the US for orchestrating a 20-year fraud scheme in which he misappropriated $7 billion. Evidence ...

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
The Self Managed Super Fund professionals' Association of Australia has rejected calls for a levy to be imposed on SMSF trustees to fund a compensation scheme. In the wake of the Trio fraud there has been a misconception as to what the legal standing ...

Older Australians delaying retirement

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
A report unveiled yesterday by financial services and superannuation minister, Bill Shorten, revealed that 50% of older Australian intend to delay retirement. The report, titled Financial Wellbeing: Concerns and choices amongst older Australians, also ...

Guardian Advice adds BT Life to insurer panel

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
Guardian Advice has added BT Life to its existing group of preferred partners. Guardian Advice head Simon Harris said the move follows satisfaction with the BT Life distribution team. BT Life joins Asteron Life, AIA, OnePath and CommInsure on the Guardian ...

ALI penalised after compliance failures

BEN COLLINS  |  WEDNESDAY, 20 JUN 2012
The Australian Securities & Investments Commission has imposed additional compliance conditions on Sydney-based insurance group, Australian Life Insurance Distribution Pty Ltd for failing to comply with a number of its obligations as an Australian financial ...

Pool local govt infra projects to attract investors: E&Y

BEN COLLINS  |  TUESDAY, 19 JUN 2012
A study commissioned by the Commonwealth government into infrastructure financing has recommended the pooling of local council infrastructure project structures to make them more attractive to superannuation funds. The report by Ernst & Young suggests ...

ASIC issues short PDS guidance

BEN COLLINS  |  TUESDAY, 19 JUN 2012
The Australian Securities & Investments Commission (ASIC) has issued guidance for issuers of superannuation products and simple managed investment schemes about how to comply with the shorter product disclosure statement regime. The shorter Products ...