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Showing 7201 - 7210 of 8617 results for "DIF"

SMSFs beat the market

MICHAEL HOBBS  |  FRIDAY, 13 MAR 2009
The average self managed super fund (SMSF) posted a gross loss of more than 11 per cent in the twelve months to June last year, beating the S&P/ASX 100 over the same period, according to new research. Using Praemium data which contained around 4,500 ...

NAB merges three wealth units

MICHELLE BALTAZAR  |  THURSDAY, 12 MAR 2009
National Australia Bank is combining MLC, nab private wealth and nabInvest under one roof, appointing MLC chief executive Steve Tucker as the new head. In a strategy update to investors today, the bank has announced a restructure of its three previously ...

ATO targets early access and in-house rules

MICHAEL HOBBS  |  THURSDAY, 12 MAR 2009
The Australian Tax Office (ATO) is targeting illegal early access to retirement savings and stepping up its compliance activities to ensure self managed super fund (SMSF) trustees don't break the law. Speaking at the SMSF Professionals' Association ...

Twitter my super

RUTH LIEW  |  THURSDAY, 12 MAR 2009
Individuum is waving the Gen Y flag when it used digital platforms Twitter, Facebook, blogs and Vimeo video screening to stay connected to members. IOOF-owned Individuum, an online super provider, decided to embark on its online journey because most ...

ASSET Super launches TTR calculator

COMPANY RELEASE  |  WEDNESDAY, 11 MAR 2009
A new interactive web-based calculator has been released by Asset Super to help people considering a transition to retirement strategy in the lead up to full retirement. Asset Super is working with Rice Warner Actuaries to design a new Transition to ...

IUS revamps super insurance

RUTH LIEW  |  WEDNESDAY, 11 MAR 2009
"Out with the old, in with the new" is the mantra at IUS this year as the insurance firm rejigs its offerings based on lifestyle adjustments and looks at innovative ways to provide TPD and life cover. Phil Collins, general manager at IUS Life, shot ...

Developing Asia worst hit

RUTH LIEW  |  WEDNESDAY, 11 MAR 2009
Developing countries in Asia are the worst casualties of the global financial crisis, which last year slashed the value of financial assets worldwide by a massive US$50 trillion. According to a new study by the Asian Development Bank (ADB), losses on ...

Maritime Super sets sail

MICHAEL HOBBS  |  TUESDAY, 10 MAR 2009
The Stevedoring Employees' Retirement Fund (SERF) and the Seafarers Retirement Fund (SRF) officially merged to create a $2.6 billion Maritime Super this month. Former SERF chief executive and now Maritime Super chief executive, Peter Robertson, said ...

US advisers keen on equities

COMPANY RELEASE  |  TUESDAY, 10 MAR 2009
US based research has found two in five local financial advisers are preparing for an equity market upswing and moving their client's portfolios into shares. Putnam Investments research of 600 financial advisers in the US found 53 per cent of respondents ...

Lift retirement age, lower long term benefits: IMF

ALEX DUNNIN  |  TUESDAY, 10 MAR 2009
The International Monetary Fund (IMF) said countries should consider lifting their retirement ages, raising pension fund contribution rates and containing age-related expenditures such as health costs. The irony however is that countries with largely ...