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Showing 751 - 760 of 6841 results for "Tax"

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
New modelling by the Super Members Council (SMC) reveals payday super could add up to $36,000 to the retirement balance of workers in the lowest 20% of wage earners. A recent SMC analysis of an Australian Taxation Office sample file has found that on ...

New Zealand sovereign wealth fund appoints acting chief

ANDREW MCKEAN  |  MONDAY, 4 DEC 2023
... in finance and general management at AMP, ANZ, and ASB. In her current role, Steed oversees strategic development, finance, tax, and investment operations at the Guardians. Guardians chair Catherine Drayton said the board's search for a permanent chief ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... Association and Chartered Accounts ANZ (CA ANZ) have urgently called for the rejection of a newly proposed bill that would double tax on many Australians superannuation earnings. Yesterday in Parliament, assistant treasurer Stephen Jones introduced the ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... will add over $50 million in revenue, approximately $4.5 million in gross profit, and more than $500,000 in net profit before tax to the group on an annualised basis. Further, WTL said the M3 network will add circa $5 billion in funds under advice (FUA) ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... support broader "modernisation" of superannuation and managed investment schemes. The report suggests current legislative and tax settings are inconsistent in that they support the mergers of whole superannuation funds but not the modernisation of products ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... services to be offered to more people. "Some of those protocols already exist for a particular purpose. If we think about how tax agents complete a person's tax return, they can access a raft of information via government systems," he said. "I can ...

ATO recoups $684m in unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... the issuance of 134,000 reminders, which collectively unearthed over $685 million in liabilities, including penalties. The tax office also saw 56,000 employers voluntarily disclose $445 million in liabilities, demonstrable of an increased awareness of ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
... 200 advisers and $12 billion in FUMA. Last financial year, it generated net revenues of $37.6 million and net profit after tax and amortisation of $4.7 million.

HUB24 unveils new offering for lower balance clients

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
... evolve, advisers can easily transition them across to our Core and Choice offers with minimal unintended or costly insurance or tax consequences." Meanwhile, Vanguard Australia head of financial adviser services Balaji Gopal said the ability to offer ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... which superannuation trustees can charge individual members for financial advice from their account, as well as clarify any tax consequences (Recommendation 7). "Superannuation trustees should be able to pay a fee from a member's superannuation account ...