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Showing 321 - 330 of 6825 results for "Tax"

Benchmark-clinging passive investors risk meagre returns: Perpetual

ANDREW MCKEAN  |  TUESDAY, 13 MAY 2025
... of US Federal Reserve quantitative earnings during and after the Global Financial Crisis and the COVID-19 pandemic, lower tax rates, and more recently, investment hype surrounding artificial intelligence. He acknowledged that while passive investing ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
... for a fresh perspective. "Rather than making piecemeal changes, we call on the Albanese government to undertake long-term tax reform in its second term. We stand ready to work closely with Dr Mulino through what we hope will be a period of renewal and ...

NZ Super appoints inaugural chief operating officer

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
... officer, Steed will be responsible for the organisation's investment operations, financial control, financial reporting, tax, external audit process, and corporate strategy. Steed will also spearhead its business solutions, cloud operations, data ...

HESTA sells out of MinRes after failed engagement

JAMIE WILLIAMSON  |  MONDAY, 12 MAY 2025
... after it failed to take appropriate action over concerns HESTA had about the company's governance, including allegations of tax evasion and misuse of company resources - primarily involving founder and managing director Chris Ellison. HESTA said it will ...

Prime Super to change admin fees

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... from 1 July 2025. For accumulation accounts, the fixed administration fee will decrease from $1.53 per week (subject to a 15% tax rebate) to $1.50 per week, with the tax rebate removed. The asset-based administration fee will fall from 0.588% per annum ...

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
... was "very likely that Mr Dunjey and Ascent operated a 'Ponzi' scheme." In Ascent's 2020 financial statements and tax return, which was described as a "discretionary trust - investment activities", the company reported net income of $8.8 million ...

Former financial adviser charged in alleged $160k super fraud case

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
... any wrongdoing on their part. It touts the company is passionate about educating Australians on reducing debt, minimising tax, growing wealth, and retirement planning. Popal's biography, once featured on Wealth Street's website, has since been ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... voiced concerns about the future of Div 296, given Labor's overwhelming victory at the federal election. The proposed 30% tax on superannuation balances above $3 million could see the threshold reduced to $2 million if the Greens get their way. "It will ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... Advice Association of Australia, Institute of Certified Bookkeepers, Institute of Public Accountants, SMSF Association and The Tax Institute. While legislation is yet to be enacted, Payday Super is slated for 1 July 2026 and designed to ensure employees ...

Super moves: QIC, VFMC, ESSSuper, Aware Super

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
Vivian Xu has joined Victorian Fund Management Corporation to work on quant strategies across global markets. Xu arrived from Frontier Advisers, where she was promoted to the new quantitative research consultant within the capital markets and asset ...