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Showing 6911 - 6920 of 10707 results for "May 2012"

ATO stands up for compliant SMSFs on levy use

MELANIE TIMBRELL  |  FRIDAY, 21 SEP 2012
ATO assistant commissioner Stuart Forsyth has told an industry event it is unfair compliant SMSFs have to see a portion of their levy go towards catching out those funds which do not operate properly. Forsyth said the current open registration system ...

Financial Simplicity boosts managed accounts offering

LINDA HAUSKEN  |  FRIDAY, 21 SEP 2012
Financial Simplicity has upgraded its managed accounts offering to include a personalised multi-tax wrapper rebalancing to model portfolios for its wealth management clients. This new functionality has been added to enable wealth managers to calculate ...

A stock market rally could get Obama over the line

MELANIE TIMBRELL  |  FRIDAY, 21 SEP 2012
Despite a common perception that the Republican Party is good for business, over the past 12 elections spanning 48 years, the S&P 500 has in fact delivered higher average annual returns under Democratic governments. That's according to a recent paper ...

Active membership in UK occupational pensions waning

MARK STORY  |  THURSDAY, 20 SEP 2012
Between 1967 and 2011 active membership in UK-based occupational pension schemes has dropped by around 30% from 12.2 million to an estimated 8.2 million, according to the Occupational Pension Schemes Survey, 2011. However, there has been an increase ...

Market Wrap

AAP  |  THURSDAY, 20 SEP 2012
Australian stocks have opened lower despite gains on overseas markets. At 1028 AEST on Thursday, the benchmark S&P/ASX200 index was down 17.5 points, or 0.4 per cent, at 4,400.9 points, while the broader All Ordinaries index had fallen 16.2 points ...

Market Wrap - Morning

AAP  |  THURSDAY, 20 SEP 2012
The Australian market looks set to open slightly lower despite modest gains on overseas markets. At 0808 AEST the September share price index futures contract was down five points at 4,410. The local market on Wednesday finished at its highest level ...

New hedge fund rules for post-GFC environment

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
ASIC's new guidance on hedge funds will force managers to greater disclosure on where money is invested, how assets are valued, the fund's structure and the risks involved to better protect investors following recent high-profile cases of fraud. Addressing ...

BlackRock to focus on model-based fixed income inv

LINDA HAUSKEN  |  TUESDAY, 18 SEP 2012
Multinational fund manager BlackRock is increasingly focusing on a model-driven approach of fixed income investing for its clients in Australia and overseas, as it believes this is the method of the 21 st century. BlackRock describes model-based fixed ...

Banks take Bell Group case to High Court

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
The consortium of 20 banks involved in Australia's longest-running court case is seeking leave to appeal to the High Court. The banks, led by Westpac, lost an appeal in Western Australia's Supreme Court last month on a 2008 ruling that ordered them ...

Deutsche Bank restructures

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
Deutsche Bank has created a new integrated Asset & Wealth Management division at the global level, calling the unit an "essential part" of the universal banking model and effectively curtailing earlier speculation it was up for sale. The new division's ...