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| | | ... demand for such a product, given demographic changes, the phasing out of bank hybrids and the federal government's plans to tax unrealised gains within high superannuation balances," O'Connor said. "Importantly, this type of multi-strategy product has ... |
| | | | ... in insurance revenue, marking a 3% rise from the December 2024 quarter. Life insurers managed to turn the $15 million after-tax loss into $332 million in net profit, partly driven by positive insurance service results, of which includes a bump in changes ... |
| | | | ... office firm. Established in May 2015, Mercury offers a range of financial services from investment advice, asset protection, tax structuring, succession, estate planning and philanthropy to high-net-worth individuals. Ironbark head of private wealth ... |
| | | | ... intergenerational wealth transfers (29%) and estate planning (37%), while newly established SMSFs are far more focused on tax minimisation (37%), insurance (26%), and purchasing an investment property (25%). Tax and retirement planning represented the ... |
| | | | La Trobe Financial, the Brookfield-owned alternative asset manager with $20 billion in assets under management, has launched its first fund on the ASX. The IPO seeks to raise between $100 million and $300 million, with units priced at $2.00. La Trobe ... |
| | | | ... Australia's productivity levels by 49%. CEDA also found several factors incentivise businesses to stay small, namely that tax settings can result in the self-employed paying less tax, and complex regulation makes it harder for firms to grow and expand ... |
| | | | ... administration fee, which prior to July 1 is charged at 6% of the gross insurance premium. However, BUSSQ will also remove the direct tax rebate on insurance premiums, which it said would reduce the amount of tax paid by the fund, but the benefit of ... |
| | | | ... Financial Advice Association Australia (FAAA), in consultation with leading accounting bodies, has released new guidance on tax-deductible advice fees. The guidance follows the release of the ATO Tax Determination in September last year, which the FAAA ... |
| | | | Franklin Templeton has shuttered two of its funds this month, while Pendal will terminate one of its funds in August. Responsible entity Franklin Templeton Australia Limited (FTAL) has closed both the ClearBridge RARE Emerging Markets Fund and Martin ... |
| | | | ... decrease of $225 in the first year, the fund outlined. Members who open a retirement income account may also be eligible for a tax-free bonus of up to $12,350, it added. "Aware Super is dedicated to helping our members reach their retirement goals and ... |
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