Fund managers not ready to enter new MIT tax regimeBY DARREN SNYDER | MONDAY, 21 MAR 2016 12:25PMA tax partner at business law firm Hall & Wilcox believes some small to mid-size fund managers will struggle to be ready to enter the new tax regime for managed investment trusts (MITs). Related News |
Editor's Choice
Federal Court lifts Merhi's travel ban
Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.
Hostplus delivers double-digit FY26 returns
Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.
ASIC levy estimates jump 19% as regulator ramps up funding
ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.
GQG bleeds over US$7bn in FUM in June
Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.
Products
Featured Profile

Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.






