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Showing 611 - 620 of 6881 results for "Tax"

Trump victory will jostle trade war, interest rates: Morningstar

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... of goods in the US will go higher. US inflation would likely be higher, both from imported inflation and demand pull from tax cuts," he said. "Higher inflation rates in the US would also likely push up interest rates, and the global cost of capital given ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
... charities to be nominated as beneficiaries of superannuation savings, and introducing 'living bequests' through which a small tax incentive is given for a larger binding request in future. If the rate and value of charitable bequests rose to just 3% ...

Family offices face more complex challenges: Ocorian

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... reported developing a more diverse and professionally managed investment portfolio, while others strengthened compliance, tax, and legal infrastructure. Meanwhile, over a third of family offices said they'd established a more cohesive and robust philanthropy ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... from its 15 affiliates, up 35% from $67.4 million in FY23. Thirteen affiliates contributed $31.2 million to net profit after tax. The retail channel saw record fund flows of $3.9 billion, while the international segment had $7 billion. Bucking the trend ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
... deep changes in a negative way in relation to super." Though he indicated his intention to abolish the possible Division 296 Tax, scheduled to take effect from 1 July 2025, which seeks to reduce the tax concessions available to individuals with large ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
New research from the Super Members Council (SMC) has revealed using superannuation for house deposits could, over time, increase rental prices. SMC said the Coalition's plan to use super for house deposits is projected to cause a 9% spike in the ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... market is currently underappreciating these points, he said. Still, he said the expectation is that underlying net profit after tax will increase by very low single digits over the next four years while Perpetual's cost/income ratio remains flat ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... Generation Development Group also noted that it's continued investment in its investment bonds range, expanding the number of tax optimised options from 21 to 27, and adding its first fixed interest option. "These funds have an average effective tax ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... for legacy quality of advice" issues. In a quarterly update, Insignia Financial confirmed it is adding $135 million after tax to its remediation bill for FY24. Of this, close to $60 million relates to "completed assessments for self-employed advisers ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... potential breaches of their obligations." In response, Insignia Financial said it has made a provision of $23 million after tax, including for the penalty amount and remediation purposes.