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Showing 8821 - 8830 of 20558 results for "BEN"

Macquarie reports annuity business profit dips

ALEX BURKE  |  THURSDAY, 4 FEB 2016
Macquarie has announced its results for the December 2015 quarter, revealing a net decrease in profit for its annuity-style businesses and an increase in its capital markets-facing businesses. Specifically, Macquarie Asset Management, Corporate and ...

ASIC bans ex-NAB adviser

ALEX BURKE  |  THURSDAY, 4 FEB 2016
ASIC has banned a former NAB adviser for seven years. ASIC has alleged that then NAB representative Shane Thompson, engaged in misconduct between December 2012 and February 2013. Specifically, Thompson forged "change of adviser" forms and submitted ...

HLB Mann Judd launches estate planning

DARREN SNYDER  |  THURSDAY, 4 FEB 2016
Superannuation funds have been ramping financial advice services but they are not likely to enter the underdeveloped estate planning market in the near future. This is the view of advisory firm HLB Mann Judd Sydney which recently began its own estate ...

US dollar downed

BENJAMIN ONG  |  THURSDAY, 4 FEB 2016
Wall Street is up - S&P 500 index closed 0.5% higher after dropping by as much as 1.5% overnight - as the US dollar plunged - Bloomberg US dollar index down 1.6% -- and oil prices soared by around 7% (despite the Department of Energy's report that crude ...

FSC elects new board member

MARK SMITH  |  WEDNESDAY, 3 FEB 2016
The Financial Services Council (FSC) has elected a new board member from one of Australia's largest insurers. TAL group chief executive and managing director Brett Clark, who also co-chairs the FSC's life board committee, will step into the role. "Brett ...

SMSFs to remain popular despite political uncertainty

DARREN SNYDER  |  WEDNESDAY, 3 FEB 2016
Advisory firm HLB Mann Judd Sydney believes the popularity of self-managed superannuation funds (SMSFs) will continue to increase regardless of federal government changes to the retirement income system. HLB Mann Judd wealth management partner Jonathan ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
Strength in (A$) weakness I wouldn't be surprised if Reserve Bank of Australia (RBA) Governor had that all too familiar (former Federal Treasurer) Peter Costello's smirk on his face as he presided over the bank's first Board meeting this year. I might ...

GBST already set for T+2

MARK SMITH  |  TUESDAY, 2 FEB 2016
GBST has become the first provider of securities transaction software to confirm readiness for the impending T+2 settlement regime for the Australian equities market. The ASX is targeting 7 March 2016 as its date to complete the transition from T+3 ...

Treasury revises cost of super tax concessions

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
The estimated cost of superannuation tax concessions to the federal government this year has been revised down by about $4 billion according to the latest Treasury figures. Treasury released its 2015 Tax Expenditures Statement (TES) on Friday and showed ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
The Combined Pensioners and Superannuants Association (CPSA) has launched a campaign for defined benefit pensioners who received a shock in their first 2016 Age Pension payment. On behalf of DB pensioners CPSA is proposing to write to federal Treasurer ...