Tougher on DIY funds? Oh no, says the taxman

Article Abstract:

The Australian tax office has announced it will be managing the approximately 180,000 do-it-yourself superfunds as of Jul 1, 2000. Tax officials maintain their approach will remain essentially the same as before the deadline, and the goal will be more to support retirement income than to collect revenue.

Management, Economic aspects

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Investors stay loyal to Advance

Article Abstract:

Advance Asset Management along with poor investment results has been facing teething problems with its new investor registry arrangement adversely affecting customer service. Irrespective of the above, the reasons why investors continue to remain truehearted to the company are mentioned.

Depository Credit Intermediation, Money Management Accts & Svcs, Analysis, Asset management accounts

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Will Laura find happiness in her twilight years?

Article Abstract:

The financial problems faced by two individuals, Laura and Max, who did not properly organize their finances are discussed. They serve as an example to tell people to organize their investments and money matters.

Financial Systems & Controls, Financial Management, Methods

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