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Showing 711 - 720 of 6836 results for "Tax"

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... guaranteed stream of lifetime income that afford advisers the flexibility of a wrap account while granting clients a variety of tax and social security benefits. Meanwhile, HUB24 and Netwealth have natively integrated Allianz Retire+ AGILE and Challenger ...

Bell Asset Management looks to exit RE services

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
Bell Asset Management is calling for a shareholder vote to replace itself as responsible entity (RE) of three of its funds, saying it just wants to focus on managing investments. Bell Asset Management has asked investors in its Bell Global Equities ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... Rahmani will help steady the ship, as it sharpens its focus on the US and reports a 24% increase in statutory net profit after tax despite plummeting funds under management (FUM). Currently Maple-Brown Abbott chief executive, Rahmani has been named managing ...

Dexus results mixed prior to Steinberg's exit

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
The property giant recorded a net loss of $597.2 million, but also managed to secure $9 million in trading profits after tax for the six months to 31 December 2023. The external independent portfolio valuations for Dexus saw mixed results, with a total ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... saying it's the result of a disciplined business plan. In its half-year update, Fiducian said its underlying net profit after tax came in 17% higher at $8.2 million. Its statutory net profit after tax was 23% higher at $6.84 million. Contributing was ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... greater cost. "The cost of making sure that SMFSs got it right will be disproportionate to the mischief that the government or tax office are trying to weed out," she said. Financial Standard is the media partner for the 2024 SMSFA National Conferenc ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Macquarie Group has reported a "substantially lower" net profit after tax in FY24 and announced the departure of its long-serving head of commodities and global markets Nicholas O'Kane. Macquarie's annuity-style divisions, Macquarie Asset Management ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... half apply immediately upon eligibility, leading to many forfeiting entitlements. Additionally, the fund wants changes to the tax framework, affording individuals access to their income upon preservation age and to continue contributing to their superannuation ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... during childcare is a significant contributing factor to the problem." Secondly, increasing the low-income superannuation tax offset (LISTO) so that workers earning up to $45,000 receive a full tax refund on their super guarantee (SG) contributions can ...

Prime to acquire boutique fund manager

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... wealth segment clients." Prime recorded 28% growth in revenue of $33.7 million in the last financial year. Its net profit after tax was up 16% year on year to $2.2 million. Prime operates wealth management, capital and corporate advisory, accounting ...