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Showing 51 - 60 of 100+ results for Alison Bevege

Future Fund posts higher returns, chairman warns of volatility

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
Australia's Future Fund has posted increased returns on the past year while chairman David Murray has warned that the new global debt crisis could take 20 years to resolve. The world's 13th largest sovereign wealth fund posted a 12.4% return for the ...

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
A proposed law that would impose taxes on super fund assets following the death of the member could save beneficiaries money if they made full use of anti-detriment tax rules, an industry conference heard yesterday. Anti-detriment deductions can in ...

Stocks in freefall on recession fears, banks cut mortgage rates

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
Investors panicked sending the Australian stock market into freefall and bond markets soaring, following large losses on Wall Street. In morning trade, the All Ordinaries index plummeted 211.2 points or 5.21% to 3845.5, while the S&P/ASX 200 lapsed ...

Super tribunal needs members to solve disputes

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
The Superannuation Complaints Tribunal is looking for members to resolve disputes as 13 of the 18 member appointments are set to expire in November. It is not known how many of the expiring appointments may be reappointed, nor whether the overall number ...

Money moves from listed managed investments to ETFs

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
Money poured out of listed managed investments and flooded into exchange traded commodities and funds over the last year, latest Australian Securities Exchange figures show. The ASX listed managed investments (LMI) monthly update for July showed listed ...

Market dives on US downgrade, China demands new reserve currency

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
The Australian share market dropped sharply on the open as nervous investors reacted to Standard & Poor's historic weekend downgrade of US sovereign credit. At time of writing the All Ordinaries Index had fallen 66.1 points or 1.59% to 4103.6 while ...

Capital protected products shine in gloom

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
Nervous market sentiment is prompting demand for defensive investments and sparking innovation with the Commonwealth Bank pondering new capital protected product structures. Moghseen Jadwat, head of business development for structured investments at ...

LICs benefit from FOFA

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
The impending loss of trailing commissions for managed funds has made listed investment companies more attractive by leveling the playing field, an industry insider said yesterday. John Robinson, chairman of Global Mining Investments (GMI), a listed ...

Markets crash as recession fears hit

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
Australian stocks plunged at the open after world markets fell sharply overnight and experts say more grief is to come. At time of writing, the All Ordinaries Index was down 173 points or 3.97% to 4179.9 while the S&P ASX 200 had given up 156.5 points ...

Tax rules set for TPD insurance deductibility

ALISON BEVEGE  |  THURSDAY, 4 AUG 2011
Proposed amendments to superannuation tax law will make it easier for self-managed super funds to work out their tax deductions for insurance, an SMSF expert has said. The draft legislation, released yesterday, specifies how much of the premium for ...