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Showing 7521 - 7530 of 10709 results for "May 2011"

Medicare to handle compassionate super payouts

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
The government has relieved the Australian Prudential Regulation Authority (APRA) of its duties to administer the early release of superannuation on compassionate grounds, handing the responsibility to Medicare. Only around $1.5 million of super savings ...

Market Wrap - Morning

AAP  |  THURSDAY, 7 JUL 2011
The Australian share market was expected to open slightly lower today, despite a mildly positive performance by Wall Street overnight, but after commodities were mixed. At 0715 AEST, the September share price index futures contract was down eight points ...

Not in the mood for bad news

BENJAMIN ONG  |  THURSDAY, 7 JUL 2011
What the...? I don't think Wall Street was in the mood for any bad news last night. There were plenty - but they were ignored. There were much more negative reports overnight than the scares we already know dished out by the credit-raters the day before. ...

BT Wrap launches new tax and trading tools

LOREN RUGEBREGT  |  TUESDAY, 5 JUL 2011
BT Wrap has launched new tax and trading tools aimed at maximising after-tax investment returns and minimising the work on portfolio management, client reviews and rebalances. Head of BT Wrap, Chris Freeman, said the changes were part of an ongoing ...

TPD insurance review closes

ALEX DUNNIN  |  TUESDAY, 5 JUL 2011
Submissions have just closed on a Treasury inquiry into changing the tax deductibility arrangements for TPD insurance sold through super funds, a review that some funds believe could increase member insurance premiums. The rapid fire inquiry was called ...

China-Gillard tug o' war

BENJAMIN ONG  |  TUESDAY, 5 JUL 2011
There was no shortage of unsettling events for domestic investors to worry about over the past 12 months but still Australian equities achieved positive returns for fiscal year 2010/2011. The S&P/ASX 300 index rose by 7.3 per cent - 11.9 per cent including ...

Bravura wins Russell retail deal

MATT WOODINGTON  |  MONDAY, 4 JUL 2011
Russell Investment has chosen Bravura Solutions's Sonata administration platform to deliver investment and policy administration to advisers for its retail products. Bravura, an existing client of Russell's, won a five year contract for Sonata, a platform ...

Super funds returns on upwards trend

RACHEL DAVIS  |  MONDAY, 4 JUL 2011
Despite the domestic and international investment pressures, super funds are on track to return nearly 8% on average this financial year, according to a recent report. Not-for-profit funds are expected to average around nine per cent and master trusts ...

Aust foreign finance subsidiaries worth $71b

ALEX DUNNIN  |  MONDAY, 4 JUL 2011
Foreign subsidiaries of Australian wealth groups are worth $71 billion and employ 76,000 staff, revealed a new ABS finance sector survey. Recording $28 billion in offshore sales in 2009-10, insurance and pension fund services comprised 63% of this total ...

Market Wrap - Morning

AAP  |  MONDAY, 4 JUL 2011
Australian shares are set for a strong start to a week full of economic news after Wall Street rose on promising signs from the US manufacturing industry. At 0627 AEST, the local September share price index futures contract is up 48 points at 4,634 ...