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| | | Treasury has released its most recent Tax Expenditures and Insights Statement, which shows the government is bracing for a spike in Australians claiming investment tax breaks. The statement flagged those claiming capital gains tax (CGT) breaks in the ... |
| | | | ... Wellington's vice chair and head of sustainable investment Wendy Cromwell has been re-elected to the PRI Board for a third term. "Her dedication and expertise in sustainable investment have been invaluable in driving forward the mission of PRI. Wendy's ... |
| | | | Northern Trust will offer a range of front-to-back solutions as third-party administrator for First Sentier Investors under an extended agreement. Under the new terms, Northern Trust will integrate custody, depositary/trustee services, fund accounting ... |
| | | | The venture capital sector saw assets under management (AUM) reach $3.1 trillion in 2024, but the year wasn't without its hurdles, according to research from Preqin. Over the course of 2024, 800 funds raised a total of US$84.8 billion by Q3, compared ... |
| | | | ... funds were also found to be prioritising returns over liquidity by increasing their allocation to private markets. For the third consecutive year, infrastructure remained the most sought-after asset, with nearly 60% of respondents aiming to increase ... |
| | | | ... less than 16,000 financial advisers practicing in Australia. A new financial adviser must pass the exam before starting the third quarter of their professional year and be authorised by an Australian financial services licensee (ASFL) as a 'provisional ... |
| | | | ... lengthy in-person queues, delays in providing a remediation outcome, difficulties in obtaining a booking or appointment, third-party timelines and their related delays," the report said. The report found that half of superannuation complaints were resolved ... |
| | | | ... Australia continues to fall over time, with 30% of first marriages likely to end in divorce, second marriages around 50% and third marriages at over 60%. Statistics also show that 33% of divorces are triggered by men. "What's really important as ... |
| | | | ... strategies and allows our team to remain focused on delivering investment returns for our clients," Waked said. The fund is the third Vinva fund Magellan has brought to market and follows the launch of the Vinva Global Equity Fund and the Vinva Australian ... |
| | | | ... are the best possible frameworks." Swan reinforced that the delays in claims handling was primarily due to issues with a third-party provider, to which committee chair Senator Andrew Bragg sought to remind him of trustees' obligations. "We are not ... |
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