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Showing 131 - 140 of 4847 results for %22Managed funds%22

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... government's proposed tax on superannuation balances exceeding $3 million could adversely impact up to 50,000 self-managed super fund members (SMSF), including posing liquidity challenges. According to a recent report conducted by the International ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... for 5% of the financial system's total assets, issued in equal parts by registered financial corporations (RFCs) and managed investment funds (including hedge funds). Credit provided by managed investment funds topped $240 billion in 2022, representing ...

Vale Tony Bongiorno

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... stood alongside them through their challenges." Bongiorno specialised in refinancing strategies, tax structures, and self-managed super funds. He was a Certified Financial Planner (CFP), a member of the Institute of Public Accountants, and Certified ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... communities. The NFF said that farmers commonly transfer their land assets - often key to their retirement savings - to self-managed super funds (SMSFs) to facilitate stable income post-retirement. However, with the proposed bill taxing unrealised gains ...

UniSuper partners to buy Tasmanian timber plantation

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023
UniSuper and a consortium of European pension funds have acquired a Tasmanian forestry estate from a New Forests managed fund. UniSuper, the UK's Pension Protection Fund (PPF), and APG Asset Management N.V (APG) on behalf of its Dutch pension fund client ...

Impax launches global fund down under

CHLOE WALKER  |  THURSDAY, 5 OCT 2023
... investing in companies that demonstrate competitive advantages and clear alignment with a more sustainable global economy. Managed by Kristeen Morrison and David Winborne in the UK, the new fund is modelled on Impax's Global Opportunities strategy, which ...

Allianz Retire+ launches retirement solution for super funds

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
... company to provide life cover, super funds can now partner with a life company to provide retirement solutions that can be managed at the group level," Stewart said. "We understand that delivering retirement income products at scale is a major challenge ...

FIIG Securities picks Equity Trustees for new fund

CASSANDRA BALDINI  |  WEDNESDAY, 4 OCT 2023
... management process, paired with our investment philosophy, means that investors will gain exposure to a professionally managed, broad range of fixed-income securities." Meanwhile, Equity Trustees executive general manager of corporate and superannuation ...

Iress completes $52m sale of MFA business to SS&C

ANDREW MCKEAN  |  TUESDAY, 3 OCT 2023
Iress has finalised the $52 million sale of its Managed Funds Administration (MFA) business to SS&C, while also kicking off the divestment process for its Platforms unit. In August, the financial services software company revealed that SS&C would acquire ...

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... and Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023 - cover APRA-regulated funds, self-managed super funds, and exempt public sector schemes. Treasurer Jim Chalmers said that the "modest adjustment to apply after the ...