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Showing 581 - 590 of 38161 results for "Year"

Looming Div 296 tax prompts urgent tax, retirement planning

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... million. For balances over $10 million a 40% tax rate applies. The thresholds will be indexed to the Consumer Price Index each year. If passed, the new tax will take effect on 1 July 2026, prompting members with large balances to carefully consider their ...

Advisers lose lead in SMSF establishments: Panel

KARREN VERGARA  |  WEDNESDAY, 18 FEB 2026
... quarter to September 2025 were the highest on record since 2012. This saw the launch of nearly 14,500 new funds, up 33.4% year on year. The analysis also found four out of five new SMSFs established with Class had no financial adviser behind them. The ...

Magellan profits fall, focuses on 'progress'

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... share, a 50% increase from the prior corresponding period. Magellan chief executive Sophia Rahmani said the group's half year results reflect the "progress" Magellan is making in delivering on its strategy and strengthening the diversity of its earnings. ...

ASIC fines Fundhost for misleading fund performance

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
... Montgomery and Polen Capital. Fundhost awarded SS&C Technologies a mandate to support its fund services operations in June last year. As part of the arrangement, Fundhost leverages SS&C's proprietary platform to streamline its unit registry and fund ...

Netwealth reports HY loss after $100m payment to First Guardian victims

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
Netwealth has reported a half year net loss of $2.2 million after refunding more than $100 million to victims of the First Guardian Master Fund collapse. Excluding the First Guardian expense, Netwealth said net profit after tax would have grown 19.9% ...

ASIC reviews lead generators again, names advisers using them

JAMIE WILLIAMSON  |  WEDNESDAY, 18 FEB 2026
Two years on from a review into cold calling and lead generators, ASIC is launching another into the advice licensees that use them. ASIC said the aim of the review is to address practices that inappropriately or unnecessarily encourage consumers to ...

Centrepoint offloads lending solutions business

KARREN VERGARA  |  TUESDAY, 17 FEB 2026
... platform, support more brokers nationally, and deliver greater value through scale and specialisation." In its 2026 half-year results, Centrepoint announced an EBITDA of $6.2 million, up 17% year on year, based on unaudited numbers. Centrepoint had 588 ...

Praemium ramps up digitisation, cuts headcount by 28%

KARREN VERGARA  |  TUESDAY, 17 FEB 2026
... run rate basis by around $9 million from before the acquisition. The savings Praemium expects to make in the 2026 financial year will be offset by redundancy costs of about $3.3 million.

MA Financial expands hospitality portfolio in NZ

MATTHEW WAI  |  TUESDAY, 17 FEB 2026
... target investment of $4.3 million (NZ$5m) and returns of 4% p.a. in excess of New Zealand's official cash rate over a three-year period. The transaction is targeting settlement in the coming months and adds to MA Financial's subsidiary, Redcape Hospitality ...

AustralianSuper expands UK fundamental equity team

MATTHEW WAI  |  TUESDAY, 17 FEB 2026
... of the fundamental equity team. It's a change of title for Stanić, who was appointed as head of core equity in May last year. Commenting, AustralianSuper head of international equities and private equity Mark Hargraves said the expansion of its fundamental ...