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Showing 271 - 280 of 1970 results for "Generation"

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
... course of their retirement, as well as support direct member choice through the provision of tools, such as personas. Generation Life general manager of retirement solutions Patrick Clarke welcomed the introduction of the draft voluntary best practice ...

SMSF sector continues to grow

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
... year-on-year. The report found this was mostly driven by male millennials. By contrast, there was a year-on-year decline in new Generation X female SMSF accounts. On the self-directed side, Generation X increased its share of new accounts year-on-year ...

AustralianSuper warns outdated tax laws will hurt returns

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... AustralianSuper also called for a shake-up of foreign income tax offset rules, noting that foreign investment and the generation of foreign income is likely to "grow exponentially." "The rules in relation to the taxation of foreign income are complex. ...

Gen X remains the largest cohort in SMSF establishments: Class

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
Generation X and Millennials collectively drove about 85% of new self-managed superannuation fund (SMSF) establishments for the six months to 31 December 2024, according to a new report from Class. The total value of the net assets administered on Class ...

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
Future Generation has appointed its first chief investment officer from Perpetual. The philanthropic investment group has appointed former Perpetual head of private wealth Lee Hopperton. Hopperton will advise Future Generation's Investment Committees ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... billion) upon its debut on 13 December 2024. Also in December, HMC agreed to acquire Neoen's Victorian renewable generation and storage portfolio for $950 million, which seeds its inaugural Energy Transition Platform. The group made $151.8 million ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... in the year to December 2024 from $4.8 billion to $5.6 billion. The firm's investment bond option badged through Generation Life reported continued inflows and was created to pre-empt the government's proposed $3 million cap to superannuation ...

Generation Development Group buys Evidentia

MATTHEW WAI  |  MONDAY, 10 FEB 2025
Generation Development Group (GDG) will acquire 100% of Evidentia Group for $320 million, as it looks to grow its foothold in the managed accounts space. The transaction will be partly funded by a fully underwritten equity raising of approximately $287.9 ...

Viola Private Wealth appoints family office wealth adviser

ANDREW MCKEAN  |  FRIDAY, 7 FEB 2025
Viola Private Wealth has appointed a financial adviser from Mutual Trust, Australia's largest multi-family office, to deliver bespoke, wealth management solutions. The new appointee, Angus Mann, has a 17-year career in financial services, most recently ...

Coller Capital launches first-of-its-kind strategy

MATTHEW WAI  |  THURSDAY, 6 FEB 2025
... previously unattainable asset class for individual investors. "This new fund reflects our leadership in developing next-generation investment solutions and is an exciting step in providing individual investors with access to credit secondaries, previously ...