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Advice practices set to benefit from tax cutsBY KARREN VERGARA | WEDNESDAY, 12 MAY 2021 12:36PM
Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021.
Read more: ATO, FPA, AAT, Administrative Appeals Tribunal, ASIC, Australian Small Business, Dante De Gori, Family Enterprise Ombudsman Bruce Billson, Financial Planning Association of Australia, Financial Standard, Josh Frydenberg, Royal Commission
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Dimensional's sustainability suite is being expanded with the introduction of a new emerging markets fund with an ESG filter.
Pendal chief executive Nick Good says the firm is not ruling out future acquisitions, as it finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley.
The Victoria government's LaunchVic is looking for a fund manager to run a $120million startup fund.
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation.
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