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Showing 7491 - 7500 of 10709 results for "May 2011"

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 JUL 2011
The Australian share market is expected to decline after US stocks fell on a White House threat to veto legislation that would avert a US debt default. But Australian resource stocks may gain after the price of metals and oil rose. At 0826 AEST on the ...

SMSF body moves against super death tax

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
The financial services community now has the chance to comment on the recent draft tax ruling affecting self-managed super funds that some have called a death tax by stealth. Peter Burgess, technical director of the Self-Managed Super Fund Professionals' ...

Fund flows push life risk market to $9.5b

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
Life risk insurance is enjoying steady growth and group risk sales have jumped as large deals change hands, latest figures show. Risk premium inflows increased to $9.5 billion in the year to March, an increase of 10.4% over the $8.6 billion collected ...

Market Wrap - Midday

AAP  |  TUESDAY, 26 JUL 2011
Australian stocks were higher at noon, despite the failure by the United States to resolve its debt-ceiling stalemate, which dragged Wall Street lower overnight. At 1200 AEST on Tuesday, the benchmark S&P/ASX200 index was up 30.5 points, or 0.67 per ...

Real estate may cause super tax headache

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
Real estate investments within superannuation would cause the biggest issue when pension-phase funds revert to accumulation on the death of the member, a self-managed super fund expert said today. David Busoli, national head of education for Cavendish ...

Perpetual downgraded as FUM redistributed

ELISE BURGESS  |  MONDAY, 25 JUL 2011
The Sevior storm continues after Standard & Poor's downgraded Perpetual's Wholesale Concentrated Equity Fund to four stars due to the fund manager's absence, with the ratings house noting shifts in several institutional investor funds. S&P has attributed ...

Market Wrap - Midday

AAP  |  FRIDAY, 22 JUL 2011
The Australian share market was higher at noon, buoyed by a strong lead from Wall St and a new deal in Europe to manage the sovereign debt issue. At 1200 AEST on Friday, the benchmark S&P/ASX200 index was up 37.9 points, or 0.83 per cent, at 4,593.9 ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
The Australian Securities and Investments Commission has axed 59 jobs in the year to May as part of 87 redundancies with a further 68 to go this financial year as part of a $10 million budget cut to the corporate watchdog, dependant on a funding review. ...

CBA's Norris to retire, Narev replaces

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
Commonwealth Bank (CBA) chief executive, Ralph Norris, has announced his intention to retire in November this year with group executive of business and private banking, Ian Narev, named his successor. Narev has been with CBA since May 2007, during which ...

A minute to midnight sees super funds merge

ALISON BEVEGE  |  THURSDAY, 21 JUL 2011
What difference can a midnight minute make to a merger? Do you combine your super funds at 12.01am on July 1? Or 11.59pm on June 30? Those vital 60 seconds were pondered during an afternoon talk by Graeme Russell, chief executive officer of First Super ...