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Showing 4501 - 4510 of 18263 results for "Plan"

Advice group acquires software business

ALLY SELBY  |  TUESDAY, 2 JUN 2020
The buyer of Chant West's financial planning software business Enzumo has been revealed, with an ASX-listed dealer group set to fork out $1.5 million for the business. Centrepoint Alliance will acquire Enzumo from Chant West, in a move that chief executive ...

Renewed scrutiny for ME Bank

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... communication to customers would have to be handled sensitively. The bank advised ASIC that they would work on a communications plan and update the regulator. In Wilson's discussion with McPhee at the committee hearing, McPhee acknowledged that ME ...

UniSuper stares down job crisis

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
The industry superannuation fund for universities is the only defined benefit fund still open to new members in Australia, now it is grappling with how the sector has been decimated by COVID-19. The travel bans put in place around the world to curb ...

MLC Wealth appoints chair

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
A former chief executive of BT Financial Group has been named independent non-executive chair of MLC Wealth. Robert Coombe has been named to take on the role, effective 1 July 2020. NAB chair Philip Chronican said the appointment to the board of National ...

Sequoia to acquire wealth group

KANIKA SOOD  |  MONDAY, 1 JUN 2020
Sequoia Financial Group has entered an agreement to acquire a wealth group, adding about 23 advisers and $1 billion in funds under management. Sequoia Wealth Management will acquire the customer base of Phillip Capital Limited's existing advisers ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... request clarification. Mayfair failed to pay two $2 million repayments in March. By April 7 Mayfair had proposed a payment plan but Vasco said the plan was not acceptable. Vasco had to write to Mawhinney again in April "stressing that he needed to take ...

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
The $14 trillion post-trade securities service provider has rebranded an Australian managed funds business that it acquired in July last year. Sydney-based Ausmaq will be renamed Clearstream Australia from June 1, and will provide custody and administrative ...

ERS emerges as tax loophole for expats

ALLY SELBY  |  FRIDAY, 29 MAY 2020
The government's early release scheme has opened up a handy loophole for expats living in Australia, helping them withdraw their super balances tax-free. Normally, temporary Australian residents would face a 35% tax on the taxable component of their ...

Super fund appoints strategy lead

JAMIE WILLIAMSON  |  FRIDAY, 29 MAY 2020
An ethical superannuation fund has appointed a chief strategy officer to help steer the fund through its planned transformation. Crescent Wealth has confirmed the appointment of Vanessa Liell to the role of chief strategy officer, bringing more than ...

Expats sweat as main residence CGT cut-off looms

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Already facing a rapidly approaching deadline signaling the end of exemptions from capital gains tax, expats now face further challenges in selling their former family homes, with only COVID-19 to blame. Atlas Wealth Management managing director James ...