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Showing 6361 - 6370 of 10557 results for "BEI"

Media Super to launch MDI option

JAMES FERNYHOUGH  |  TUESDAY, 11 MAR 2014
Media Super has become the latest industry superannuation fund to announce it will introduce a member direct investment (MDI) option. Media Super chief executive Graeme Russell said the decision to introduce an MDI was made at the board meeting in December ...

Market wrap AM

AAP  |  TUESDAY, 11 MAR 2014
The Australian market looks set to open flat after mixed performances on international markets on continued tension between Russia and and Ukraine, and disappointing economic data from China and Japan. At 0827 AEDT on Tuesday, the March share price ...

market wrap PM

AAP  |  MONDAY, 10 MAR 2014
Mining companies have dragged the sharemarket lower after weak Chinese trade data lead to a fall in commodity prices. Chinese import and export figures released on Saturday showed an unexpected trade deficit of $US22.98 billion ($A25.37 billion), vastly ...

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 ...

Fidelity to hire two after head of insto business resigns

ALICE URIBE  |  MONDAY, 10 MAR 2014
Fidelity International in Australia (Fidelity) will recruit two new members for the institutional business team, in the wake of the departure of head of institutional business Gary Bailey. In a client note Fidelity said that it was committed to institutional ...

Advice industry under-prepared for younger client base

MARK SMITH  |  FRIDAY, 7 MAR 2014
The professional advice industry is facing a seismic demographic shift that it is ill-prepared for, according to the chief executive of Pershing Advisor Solutions, Mark Tibergien. "The industry is fundamentally built on baby boomers but there is a demographic ...

New laws target promoters of early release schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
The senate has passed a bill allowing promoters of illegal early release schemes to be prosecuted. The bill is targeted at individuals or organisations that charge a fee for aiding clients in illegally accessing their superannuation before the preservation ...

Media Super CIO departs

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Jon Glass has left his role as chief investment officer at industry fund Media Super. The fund will not appoint a replacement for Glass, with the position of chief investment officer being absorbed into that of chief executive. Media Super chief executive ...

ASIC drops planned MDA changes

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Planned changes to the regulation of managed discretionary accounts (MDAs) will not go ahead, the Australian Securities and Investments Commission (ASIC) has announced. In a consultation paper released in March last year, ASIC put forward a lengthy ...

Never good enough

BENJAMIN ONG  |  THURSDAY, 6 MAR 2014
Yeah, it's good but... This is the overriding verdict of the country's oft-quoted economists to the latest Australian national accounts report that showed our economy grew by a larger-than-expected 0.8% (expectations 0.7%) in the December quarter and ...