Setting up superannuation for children

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Setting up superannuation for children

Regarding your response to a reader a few weeks ago, K.E. on January 28, about investing $20,000 into superannuation accounts for each of his children. I have two questions relating to that proposal: 1. I was surprised that the writer's children, aged three and five, could have super accounts opened for
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Lotteries, Hedge Funds and Other Big Gambles

(Bloomberg View) — The weekend is here! Pour yourself a mug of Porto Rico Importing coffee, grab a seat by the window, and get ready for our longer-form weekend reads: Mr. No Comment: When Steven Cohen and the hedge fund elite battle the press, Jonathan Gasthalter — PR man extraordinaire
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UK's May Calls Scottish, Welsh Leaders to Discuss Brexit Plan

(Bloomberg) — U.K. Prime Minister Theresa May spoke to First Minister of Scotland Nicola Sturgeon and First Minister of Wales Carwyn Jones after setting out her Brexit priorities and plans for trade relations in a London speech. May told the leaders late Friday the U.K. would seek “customs arrangements
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SFIO Seeks Information, Documents From Fortis Healthcare

Malvinder Singh and Shivinder Singh allegedly took out $78 million (about Rs 500 crore) from Fortis Healthcare without board approval, Bloomberg reported earlier. They also face a lawsuit on alleged diversion of loans from Religare Finvest, a subsidiary of non-bank lender Religare Enterprise, another
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Cabinet approves setting up of National Financial Reporting Authority

NFRA will have powers to investigate chartered accountants and their firms under section 132 of the Act and, by extension, also listed companies and large unlisted public companies, the thresholds for which shall be prescribed in the rules. The central government can also refer such other entities for
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