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Showing 121 - 130 of 2161 results for "Plus"

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... between 2020 and 2024 reveals a strong preference in private equity and venture capital. So far this year, over 55% of the 3000-plus fund searches by North America wealth managers have been for private equity and VC funds, followed by 15% for private ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... subsequently wound up. Jayaweera won a retrial after being convicted of fraud in 2019. Jayaweera was the director of Growth Plus Financial Group, which is now in liquidation. He was a member of the Association of Independently Owned Financial Planners ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... was running out of money, with most of those under 40 (68%) citing this, as well as 64% of the 40-54 cohort, and 51% for 55-plus. Women (65%) are also more likely to carry that concern over men (57%). The findings come as Australians' confidence ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... their retirement savings in a single abalone farm that went bust. Former Brisbane financial adviser and director of Growth Plus Financial Group (in liquidation), Ben Jayaweera, was found guilty of 28 counts of fraud in a retrial that wrapped up on Friday. ...

RI Toowoomba eyes regional market

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... There's a lot of activity around that. We see that as an opportunity for us," English said. The group is targeting $10 million-plus in revenue in the near future. RI Toowoomba started ramping up its merger and acquisition activity in 2010. "We've ...

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... Stable. Indexed Growth will target 2.5% above CPI on average over 20 years, while Indexed Conservative Balanced targets CPI plus 2% over 20 years. Indexed Capital Stable is looking to achieve a return of CPI plus 1.5% on average over 20 years. "We know ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... "Scam-related complaints in super may be small in number but the average loss claimed was $88,736 and ranged as high as $344,000-plus - a potentially life-changing sum." Gray said super funds should consider using technology such as multi-factor authentication ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... profit after tax rose 24.1% to $83.4 million. "We have expanded and strengthened our new adviser and licensee relationships, plus our new business pipeline including conversion rates, remains very strong across all segments," Netwealth chief financial ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... AGP Investment Management from August 1. The Woodbridge Private Credit Fund aims to provide a return of the RBA cash rate plus 5% to 7% per annum net of fees and expenses. The fund invests in first mortgage, senior secured Australian and New Zealand ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... government's planned additional taxation on superannuation balances above $3 million (Division 296) and for those earning $250,000 plus (Division 293). The advocacy body has recommended that $750 million of the revenue generated be allocated to increase ...