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Showing 511 - 520 of 4549 results for "Holding"

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... individuals with superannuation balances that exceed $3 million with its proposed Division 296 Tax. Already, Timms said SMSFs holding farmland property are considering the best options to either transfer the land or restructure investments to factor ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... is terrified of saying very normal things, [but] they're worried it's going to be perceived as advice. They are holding back and not helping their clients in a way that they could be capable of," she said. Heffron said it will be interesting ...

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... after Commonwealth Bank reported a half-year profit of $4.8 billion. The FSU played a key role in detecting wage theft and holding Commonwealth Bank to account, according to Australian Council of Trade Unions (ACTU) president Michele O'Neil. "Congratulations ...

AMP chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
The chair of AMP will step down on April 12 after nearly five years in the role. Debra Hazelton tendered her resignation, with AMP non-executive director Mike Hirst succeeding her as the new chair. Hazelton joined the AMP board as non-executive director ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... interesting to see what happens in that sector and what might be in our future," Heffron said. Joining Heffron on the panel, Holding up the mirror - what the SMSF sector does well and where it needs to level up, are SMSF Association chief executive Peter ...

Colonial First State launches new offering to advisers

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... with CFS 10X, Elixir Consulting recently conducted a national research study to discover what's working well and what's holding some firms back from reaching their true potential. The research focused on back-office operations that affect business effectiveness ...

Brite Advisors to be wound up

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... by the investigative accountants as being held by Brite in its financial institutions' accounts. Brite had reported holding US$682 million while the investigative accountants were only able to identify US $612.9 million, Smith and Kirkman said. The ...

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... [and] wealth management strategies for high-net-worth clients." Day one kicks off with a thought leadership breakfast: Holding up the mirror - what the SMSF sector does well and where it needs to level up. SMSFA chief executive Peter Burgess will be ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... Elbit. In a $1.06 billion UniSuper portfolio, $13.9 million is in Honeywell comprising 1.21% of the total. An $8.5 million holding in Lockheed Martin made up 0.74%. Equip Super's MySuper option, for example, had as much as $2.5 million in Honeywell ...