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Showing 621 - 630 of 6880 results for "Tax"

Government urged to overhaul gift tax system

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... recommendation is to overhaul the Deductible Gift Recipient (DGR) system, which determines the charities that are eligible to receive tax-deductible donations. "The system that determines which charities can receive tax-deductible donations has grown ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
... authorised under Fortress Wealth Partners and My Money Co, both linked to AFSL Holdings Australia. He was a member of the Tax Practitioners Board and only held a Diploma of Financial Planning. Abdalla has the right to appeal to the Administrative Appeals ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... Fund, Australian Equities Fund, and International Equities Fund. In addition to the fund closure, Aware super updated its tax parcelling methods with only one option now available. Aware super said previously the fund has three methods of tax parcelling ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
The $43 billion public sector fund has welcomed a former central bank deputy governor to its board, while Mercer Super has a new chair. Guy Debelle has joined the fund for South Australian government employees, bringing a tremendous depth of experience ...

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... performance fees in the second half of FY24. This time last year, Platinum had $18.1 billion in FUM and made $81 million in after-tax profit. The recent closure of its London office bid farewell to three staff members as well as UCIT funds in the Platinum ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... contributions and home ownership issues, whereas over one in 10 related to the transfer balance cap, means testing or TPD benefit tax issues. Similarly, one in 10 queries received involved dealing with a death benefit, treatment of assets and income ...

UK government to establish national wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2024
Delivering on a key election promise, the newly installed UK government will launch a National Wealth Fund in the coming days to ramp up private sector investment in infrastructure projects. Announced overnight, the UK Infrastructure Bank and the British ...

AAT slashes adviser ban

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... was an authorised representative of Count Financial, and after that went to HNW Planning. He runs Betalli & Associates, a tax and accounting business, and The FP Business, a financial advice service. He also operates an equipment finance broking and ...

Adviser exam yields 70% pass rate

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, the Privacy Act 1988, and the Tax Agent Services Act 2009. Candidates must also study financial advice construction, which is the suitability of advice aligned ...

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
TelstraSuper's lifecycle MySuper offering turned around 9.6% for all its members under 50 who have not made an investment choice. The result, which is net of all investment fees and taxes, demonstrates the value of its lifecycle structure, chief investment ...