Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

Corporate tax needs to be more competitive: KPMG

A KPMG study of corporate tax rates in 86 countries found that those with the most attractive corporate tax enjoyed higher than average economic growth, and suggested there's room for Australia's tax rates to be more attractive to offshore investors.

Ironbridge rounds up $1b in PE capital raising

ALEX DUNNIN  |  THURSDAY, 2 NOV 2006
Private equity manager Ironbridge Capital has just raised $1.05 billion from Australian and international institutional investors to fund their next round of investments.

Macq Wrap to roll-out STP for FP software providers

HAMISH MADDEN  |  THURSDAY, 2 NOV 2006
Macquarie Adviser Services has announced its intention to roll-out straight-through processing (STP) capabilities between Macquarie Wrap and leading financial planning software products XPLAN, VisiPlan and its own Coin Software.

Innovation is king: Russell

Innovative thinking has the power to increase investor returns without the extra risks, said Russell Investment Group's US based chief investment officer, Tom Hanly, at a Sydney conference today.

Multiport SMSF receives UK pension roll-over approval

HAMISH MADDEN  |  THURSDAY, 2 NOV 2006
Multiport and Vantage Financial have partnered to facilitate tax efficient UK pension fund transfers to Australia.

Former Zurich CFO banned by APRA

HAMISH MADDEN  |  THURSDAY, 2 NOV 2006
The Australian Prudential Regulation Authority (APRA) has disqualified a former Zurich Australian Insurance Limited (ZAIL) chief financial officer for his role in deliberately overstating the company's financial position.

Not on our watch: ASIC

In the 12 months to June 2006, the Australian Securities and Investments Commission (ASIC) has recorded a 34 per cent increase in action against illegal investment schemes, 90 per cent more civil orders against professional misconduct and enforcement ...

Job mobility 12 per cent: ABS

ALEX DUNNIN  |  WEDNESDAY, 1 NOV 2006
While 20 per cent of people employed in February this year had been with their current employer for less than 12 months, actual job mobility is stable at 11.7 per cent of the workforce.

Live long and prosper

Advisers take note. Your client might just live to the ripe young age of 120 years, said cardiologist Dr Maurice Rosenbaum as he explained the secrets of longevity in Australia.

Boost your business

ALEX DUNNIN  |  WEDNESDAY, 1 NOV 2006
The average age of advisory practice principals is 58 and half expect to exit their businesses within the next two years. To do this on terms that advisers will accept mean they have to convert their practices into businesses that can be operated by ...