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Showing 1191 - 1200 of 6841 results for "Tax"

UK wealth firm eyes Aussie expansion

JAMIE WILLIAMSON  |  THURSDAY, 13 JAN 2022
... operates a capital markets business in Singapore. The focus will range from investments to credit, estate, succession and tax planning. In particular, Gladstone sees Australia as a private banking and trust center for South Asia and the Oceania, alongside ...

VGI Partners confirms merger talks

KARREN VERGARA  |  MONDAY, 10 JAN 2022
... strategy. In the half year to June 2021, VGI had $3.2 billion in funds under management and posted statutory net profit after tax of $43 million. Last April, the boutique appointed Jonathan Howie as its chief executive, joining from BlackRock where he ...

Advice firm targets teen financial literacy

KARREN VERGARA  |  FRIDAY, 7 JAN 2022
... they're not taught how to nor prompted to create their own spending plans, investment strategies nor sort out their super nor tax. It's entirely theoretical and lacking. We can fill in ALL of these gaps in a very short period of time, and can ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... regime is set up as a company structure limited by shares. The government's intention is to ensure that the regulatory and tax framework for CCIVs would offer internationally recognisable investment products, flow-through tax treatment, commercial flexibility ...

Magellan loses significant mandate

ELIZABETH MCARTHUR  |  MONDAY, 20 DEC 2021
... with outflows of $1.5 billion, mostly from institutional clients. And the group reported a 33% drop in its net profit after tax to $265.2 million in FY21, as its performance fee revenue slid 63%.

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... falling short of 2.55% from its benchmark. A slew of OnePath options failed egregiously. OnePath's OA Frontier - OnePath Tax Effective Income returned 5.35% p.a. but failed by 2.27%, while its OnePath Active Growth fell short of the benchmark by ...

Super for home deposits could ignite new boom

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... initiative, first home buyers can make additional voluntary contributions to their super and then withdraw that money - enjoying a tax benefit - to contribute to a house deposit. However, the proposal Wilson has advocated for would go further and allow ...

CFS launches low cost geared index options

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
Colonial First State (CFS) has today launched two new geared index options through its $109 billion FirstChoice platform, giving investors leveraged exposure to local and global markets. The first passively managed geared investment options to be offered ...

ISA releases pre-election wish list

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
... employees super with wages; paying super with the Commonwealth Parental Leave Pay Scheme; a review of the distribution of tax concessions; expanding the APRA performance tests to include 10 years of historical fund performance on all fees and products ...