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Showing 121 - 130 of 6216 results for "Tax"

Insignia, WT Financial complete Millennium3 transfer

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... contribute more than $50 million in revenues, about $4.5 million in gross profit, and more than $500,000 in net profit before tax. It also grows WT Financial Group's funds under advice by $5 billion, while adding about $150 million of in-force risk premiums. ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... macroeconomic conditions at the Commonwealth Treasury. Previously, Hunter served as a partner at KPMG Australia in the Economics and Tax Centre. She's also played a key role in establishing the Americas, Asia Pacific, and Australian offices at Oxford ...

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
... constraining strategic options. It said its proposal offered Perpetual shareholders an opportunity to unlock value through a tax-efficient structure, while still maintaining the company's various businesses. However, Perpetual's board unanimously concluded ...

Rest welcomes chief financial officer

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
After five years of working closely with the super fund as a consultant, John O'Sullivan joins Rest as its new chief financial officer. O'Sullivan brings over 20 years of experience to the role, having served in various roles across banking ...

HNWs require specialist expertise: Report

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
... insurance and asset protection advice, business succession planning, private banking and commercial finance, trustee services, tax planning, cash flow planning, and debt management. "HNW clients aren't looking for an adviser to 'hand them off' to other ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
New modelling by the Super Members Council (SMC) reveals payday super could add up to $36,000 to the retirement balance of workers in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on ...

New Zealand sovereign wealth fund appoints acting chief

ANDREW MCKEAN  |  MONDAY, 4 DEC 2023
... in finance and general management at AMP, ANZ, and ASB. In her current role, Steed oversees strategic development, finance, tax, and investment operations at the Guardians. Guardians chair Catherine Drayton said the board's search for a permanent chief ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... Association and Chartered Accounts ANZ (CA ANZ) have urgently called for the rejection of a newly proposed bill that would double tax on many Australians superannuation earnings. Yesterday in Parliament, assistant treasurer Stephen Jones introduced the ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... will add over $50 million in revenue, approximately $4.5 million in gross profit, and more than $500,000 in net profit before tax to the group on an annualised basis. Further, WTL said the M3 network will add circa $5 billion in funds under advice (FUA) ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... support broader "modernisation" of superannuation and managed investment schemes. The report suggests current legislative and tax settings are inconsistent in that they support the mergers of whole superannuation funds but not the modernisation of products ...