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Showing 91 - 100 of 8171 results for "Benefit"

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... it will add superannuation contributions of 12% to parental leave payments from July 2025. The measure is expected to benefit 180,000 families annually, primarily women, adding about $7000 to their nest egg per period of parental leave taken. It's ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Labor is successful at the next federal election, expected to take place in May next year. The measure is expected to benefit 180,000 families annually. While available to all new parents, the payment of super on PPL will overwhelmingly benefit women ...

Rest appoints general manager, product

JAMIE WILLIAMSON  |  WEDNESDAY, 6 MAR 2024
... leadership skills will be a fantastic addition to Rest as we work to create simple and easy products and experiences to benefit all members," she said. Tully brings more than 30 years' experience in investment management and superannuation. Most ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... out of reach and they will never own a home. It is unacceptable. Home ownership has an unparalleled economic and social benefit," Bragg said in accepting the portfolio. "The key determinant of success in retirement is your home ownership status, not ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
Count has finalised the acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
The corporate regulator says it has shut down about 3500 investment scam websites since July 2023 to protect Australians from digitally enabled misconduct. According to ASIC's latest enforcement and regulatory update, it has secured almost $60 million ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
Platinum Investment Management unveiled its turnaround strategy as funds under management (FUM) continue to suffer institutional investor outflows and negative returns. The fund manager said its immediate priorities in the next few months is to cut ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
Perpetual reported an increase to its underlying net profit after tax and operating revenue, largely due to the Pendal acquisition. Underlying profit after tax (UPAT) reached $98.2 million, 46% higher than the prior corresponding period because of the ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... facilitated a withdrawal of over $333,000 from a Blockchain Global account to buy shares in First Growth Fund Limited, for the benefit of ACL Investment Australia, a trustee of the family trust associated with Guo's family. Additionally, Guo is said ...

Stage 3 tax cuts pass Senate

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... on July 1. The Albanese government said the amendments were made due to the cost of living crisis. Now, everyone will benefit from a tax cut, it said. However, those earning over $180,000 will see their promised tax cut reduce while lower-income earners ...