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Showing 51 - 60 of 7547 results for %22June 18%22

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... relating to allegations of misleading statements regarding the Bloom Climate Impact Fund (Bloom Fund). From March 2022 to June 2023, MSC, as trustee and responsible entity of the Bloom Fund, made statements in the fund's product disclosure statement ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... have contributed to a substantial reduction in superannuation insurance coverage for death benefits; a 36% reduction from June 2018 to June 2023. A comparable decline was observed in the coverage for Total and Permanent Disability (TPD). The previous ...

Aware, Macquarie partner on green finance

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
... co-invest in Galway Sustainable Capital (GSC), a specialist infrastructure financier acquired by MAM in a US$250 million deal in June. Galway offers scale and efficient capital deployment to help fund the North American sustainability transition. Since ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... capital gain in super," she said. Another issue SMSFs must bear in mind is that Division 296 targets future gains from 30 June 2025. "The gains we're making now are never captured by Div 296 as long as we get valuations right at 30 June 2025," she ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... Burgess told the SMSFA National Conference that the proposed 30% taxation on $3 million super balances could become law by June 30 this year. "The only questions that remains is whether the government's proposal not to index the cap and to tax unrealised ...

Super contribution caps to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... Meantime, the three-year bring forward limits will increase from $330,000 to $360,000, unless they have been triggered by 30 June 2024. If they have, then the $330,000 limit will still apply. The increase does not apply to the $1.9 million total super ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... provide appropriate SMSF advice. Jaidka most recently was an adviser at Merit Wealth under Diverger from October 2022 to June 2023. Before that Jaidka was with the SMSF Advisers Network, The SMSF Expert, and GPS Wealth. Over five years, Jaidka agreed ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... protection premiums wrongfully deducted from their superannuation accounts. The class action alleges that from December 2008 to June 2019, Rest automatically enrolled new members in income protection insurance without their active consent. It also claims ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... Dexus office portfolio and Dexus industrial portfolio softened 32 basis points to 5.53%, and 42 basis points to 5.18% from June 30 to 31 December 2023, respectively. Operationally, Dexus saw a 4.5% increase in underlying funds from operations (excluding ...

AMP chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... non-executive director Mike Hirst succeeding her as the new chair. Hazelton joined the AMP board as non-executive director on 15 June 2019 at the height of AMP's tumult in the wake of the Hayne Royal Commission. She took over as chair in August 2020. ...