Category Archives: Pension Lump Sum

Winthrop man charged in $4m fraud

A Winthrop man was charged with defrauding 20 investors of $4 million in a life insurance scheme, according to an 18-count indictment filed in federal court yesterday. The US attorney in Massachusetts alleged that Joseph Gennaco, 67, stole the money … Continue reading

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The employer’s moral obligation?

To assist with this question consider the following scenarios; 1. An employee dies over the weekend and his family are left without their sole bread winner. The deceased could not afford to take the time off work to sort out … Continue reading

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KirloskarOil – Outcome of Board Meeting

Kirloskar Oil Engines Ltd has informed BSE that the Board of Directors of the Company on February 17, 2011 has approved the draft Business Transfer Agreement (“BTA”) relating to the disposal of BBD by the Company to PI on the … Continue reading

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NSW Country Hour 18/2/11

On the NSW Country Hour today, federal water minister Tony Burke announces changes to the water buy back program and to tax rules so farmers who sell water and get a lump sum payment won’t be disadvantaged, we take you … Continue reading

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Home Equity Lending Back in Business

Smart Money is reporting that banks are making a push back into the business but are only catering to pristine type of borrowers. Three different banks told the publication that home equity lending is up at least 20% across the board. At … Continue reading

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