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Showing 121 - 130 of 11908 results for %22recent UK%22

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... area where farmers are going to be impacted more than they should be, and advisers need to be aware of this," Timms said. "Recent rapid increase in land values have seen members that previously wouldn't have been impacted face risks of this tax in the ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... financial year should give serious consideration to doing so," he said. "Wages have been climbing at a relatively quick rate in recent years but contribution caps, because of the way they're indexed, haven't changed since 2021, so really we're ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... on advice provided about nine options that all persistently failed to meet performance expectations. It found the most recent advice provided in 66 of the 88 files was to continue investing in the underperforming option in one way or another. Eleven ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... SMSFs are established only when it is suitable for the unique objectives and circumstances of the individual," she said. In recent years, ASIC's review of SMSF advice uncovered inappropriate advice, adviser fraud and dishonesty to the detriment of ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... people," she said. Brighter Super is a formation of LGIAsuper, Energy Super, and Suncorp's superannuation business in recent years. Some 3% of its members are covered by Brighter Super-aligned advisers while 24% are serviced by IFAs that largely ...

Risk, compliance staff in hot demand

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
With regulatory demands showing no signs of slowing in 2024, experienced risk and compliance professionals remain hot property. According to Kaizen Recruitment director Amanda Chisholm, factors like RG97, the Financial Accountability Regime, regulators' ...

Global X ETFs appoints new chief executive from Goldman Sachs

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... success. "It's our desire to take Global X from a rising star to a clear-cut leader in the ETF industry," Park said. In recent months, Global X has embarked on a "strategic repositioning" to jumpstart momentum, refocusing on core competencies with ...

QIC, super funds pour more into Queensland space tech

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
QIC, Hostplus and HESTA are among backers to invest a further $55 million into Gold Coast-based Gilmour Space Technologies. Gilmour recently completed a Series D funding round, aimed at raising capital to support the manufacture, test and launch of ...

Funds SA hires ESG expert

ELIZABETH FRY  |  MONDAY, 19 FEB 2024
Funds SA has appointed a new investment professional to sit within the responsible investment team. The investment arm of the South Australian government has welcomed Kana Thorpe to the newly created role of assistant portfolio manager for responsible ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... demand is now aligned with the economy's capacity. We project 1% growth in 2024. This is up slightly from our most recent World Economic Outlook update. Thanks to stronger government spending. And achieving sustained 2%, inflation looks increasingly ...