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Showing 6831 - 6840 of 10309 results for "STI"

Dam Aussie

BENJAMIN ONG  |  FRIDAY, 17 FEB 2012
Yippee ka yay! Nothing like a good dose of the good stuff to make one forget the bad, doesn't it? Nah, I'm not taking the "stuff" that I think you think I'm taking. I refer to the eco updates released out of America last night. They were all better ...

GM shuts down DB fund

ALEX DUNNIN  |  THURSDAY, 16 FEB 2012
General Motors has bowed to the inevitable and announced it will shut its defined benefit pension fund and move salaried employees into the company's accumulation 401(k) scheme, citing balance sheet risk. The car manufacturing world heavy weight got ...

S&P Capital IQ closes local fund research, wealth services

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
S&P Capital IQ has announced it will focus on institutional clients and no longer conduct local funds research and wealth management services from October this year. In total, 30 jobs are expected to be lost in the move, which will see a concentration ...

Westpac posts $1.4 billion profit to December 31

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
Westpac made quarterly cash earnings of around $1.5 billion to the end of December, with after tax profits of $1.4 billion for the same period. The unaudited results come just two weeks after the group announced it would be shedding up to 560 jobs as ...

Insult me, insult you

BENJAMIN ONG  |  THURSDAY, 16 FEB 2012
Arrrgh! Doesn't this unending Greco-German tragedy make you just wanna tear your hair - strand by strand - from its roots? Yes, you, yes, yes you, Virginia. For I still like to keep the very few ones remaining loyal to my scalp. And if not for its potential ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 15 FEB 2012
The Australian dollar has recovered earlier losses after Greek political leaders agreed to provide written commitments to stick with promised austerity measures. At 1200 AEDT on Wednesday, the Australian dollar was trading at 106.87 US cents, up marginally ...

New MLC unit focuses on accountants servicing SMSFs

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
MLC has established a new team to focus on establishing the right advice and licensing arrangements for accountants wishing to advise clients on SMSFs. The new unit, called MLC Accountant Solutions was set up in response to the volume of enquiries from ...

Contrib caps improve super social equity

ALEX DUNNIN  |  WEDNESDAY, 15 FEB 2012
Tightening superannuation contribution caps over the past five years have significantly improved superannuation's social equity, claims a new research report from peak superannuation interest group ASFA. The report, the latest superannuation industry ...

Cheque's not yet in the mail

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2012
This Greek second bailout issue has become like that 'Pringles' ad - once you pop, you can't stop. Just when we thought that all was hunky-dory with regards to the Grecian circus, errr, crisis -- that the a,-130 billion bailout "hrimata" (money) was ...

Super tax subsidies don't favour the rich: Mercer

ALEX DUNNIN  |  TUESDAY, 14 FEB 2012
Mercer has released a research paper that dismisses claims retirement income funding through superannuation tax concessions favours the wealthy. The paper 'Tax, Super & the Age pension" reported that the total cost of retirement funding per person in ...