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Showing 11 - 20 of 27 results for "PAF"

Giving through PAFs back to pre-crisis level

MARK SMITH  |  MONDAY, 18 AUG 2014
... Trends Report. The total number of PAFs is up 13.5% to 1,246 PAFs, with approximately $4 billion in total assets. The average PAF has assets of $3 million. Distributions from PAFs to charitable causes reached a record $252 million in the year to 30 June ...

Second PM Capital LIC now trading on ASX

MARK SMITH  |  FRIDAY, 23 MAY 2014
... exposure in the Asian region, and raised $54 million across 1,325 investors, varying in size. Chairman of the new LIC (ASX:PAF) Brett Spork said the listing reflects Australian investors' recognition that domestic stocks, which previously exposed investors ...

Businesses ignorant of SuperStream requirements

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
Almost 50% of businesses have limited or no knowledge of the SuperStream requirements, a survey conducted by AttachA(C) Software has found. From 1 July 2014, businesses with more than 20 employees will start using the SuperStream standards for sending ...

$1.5 billion given away by PAFs since launch

MARK SMITH  |  THURSDAY, 23 JAN 2014
... the philanthropic trust structure was established more than 12 years ago, according to a JBWere report on the sector. The PAF report, titled 'Private Ancillary Funds After 12 Years', was produced by the private wealth management firm's Philanthropic ...

Start structured giving with just $20,000

MARK SMITH  |  THURSDAY, 12 DEC 2013

Early engagement key to next-gen wealth transfer

MARK SMITH  |  FRIDAY, 30 NOV 2012
... be too great a burden but engaging the next generation with philanthropy is much more positive. "A private ancillary fund (PAF) provides a degree of separation from the family wealth because the money is, in effect, no longer theirs," he explained. "A ...

Tax-efficient giving advice missing: Macquarie

MARK SMITH  |  WEDNESDAY, 24 OCT 2012
... don't know where to turn for advice." One of the main constraints is that specialist products like the Private Ancillary Fund (PAF), formerly known as Prescribed Private Fund, are perceived as costly and complicated to set-up. The vehicle is a type of ...

Fix philanthropy from ground up: FYA

MELANIE TIMBRELL  |  WEDNESDAY, 3 OCT 2012
The Foundation for Young Australians (FYA) has launched a new placement program for the younger generations of family foundations and PAFs designed to ignite philanthropic interest. The Immerse program involves taking six to eight people between the ...

Gonski to join APS board

MELANIE TIMBRELL  |  WEDNESDAY, 27 JUN 2012
... chairman of APS announced the appointment following a statement welcoming the creation of the 1000th Private Ancillary Fund (PAF) in Australia. "David has been a long time pioneer in philanthropy in this country. He championed the creation of Prescribed ...

Philanthropy needs simpler support: Perpetual Private

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
Philanthropic giving in the last few years has been undervalued in Australia because of a disproportionate focus on tax structures and increased regulation on charitable vehicles such as private ancillary funds. Andrew Thomas, general manager - philanthropy ...