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Showing 7171 - 7180 of 10709 results for "May 2011"

Budget tightening to hit IMR

MELANIE TIMBRELL  |  WEDNESDAY, 11 APR 2012
Revenue constraints and an unwillingness to concede reductions in the tax base may impact the timing of the Investment Manager Regime. That was the inference made by Treasury official Rob Heferen at the Senate Standing Committee on Economics yesterday. ...

Former Bell Potter adviser charged

MELANIE TIMBRELL  |  WEDNESDAY, 11 APR 2012
A former senior client adviser with Bell Potter Securities Limited has been charged with 15 counts of fraudulent conduct following an ASIC investigation. Glenn Russell Evans, of Leichhardt, NSW is alleged to have used client funds for his own personal ...

Bring it on

BENJAMIN ONG  |  WEDNESDAY, 11 APR 2012
If there's one thing I regret about last night's financial market activity it's that Wall Street and European bourses did not slide bigger time. It would have been one hell of a buy-op, ey Virginia? Another chance to accumulate more at reduced prices. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 APR 2012
The Australian dollar has dropped on concerns about Chinese growth coupled with renewed fears for the euro zone. At 0700 AEST on Wednesday, the Australian dollar was trading at 102.50 US cents, down from 103.03 cents on Tuesday. Bank of New Zealand ...

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
Member interests and not the interests of competing funds is paramount for default super, said FSC and the AIST in their parliamentary submissions. The Australian Institute of Superannuation Trustees (AIST) and the Financial Services Council (FSC) have ...

ETN fears grow following price plunges

ALEX DUNNIN  |  TUESDAY, 10 APR 2012
Growing use of exotic Exchange Traded Notes is raising fears in the US, following a price crash in a popular ETN that was tracking the VIX index, that the notes are poorly understood. ETNs, as distinct to regular Exchange Traded Funds, are a form of ...

Market Wrap - Morning

AAP  |  TUESDAY, 10 APR 2012
The Australian market looks set to open flat. At 0700 AEST on Tuesday, the June share price index futures contract was at 4,315. In economic news on Tuesday, the Australian Industry Group/Housing Industry Association performance of construction index ...

SWFs have liabilities to manage too

ALEX DUNNIN  |  THURSDAY, 5 APR 2012
The $5 trillion sovereign wealth fund sector is poorly served by the investment management industry which doesn't understand their risk management requirements, claims a just released joint study by the EDHEC Risk Institute and Deutsche Bank. The misunderstanding ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 APR 2012
The Australian market looks set to open lower after falls on Wall Street following indications the US Federal Reserve is worried about a hiring slowdown but appeared unlikely to buy more bonds to boost the economy. At 0650 AEST on Wednesday, the June ...

Business continues to resist 12pct SG

ALEX DUNNIN  |  TUESDAY, 3 APR 2012
The superannuation industry might have unsurprisingly welcomed the passing of the SG increase, but the business lobby is continuing to voice its opposition to what it sees as a de facto tax rise. Speaking on ABC radio last week, chief executive of the ...