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Showing 61 - 70 of 112 results for "Wealth transfer"

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... agenda." It concluded against the backdrop of a growing superannuation sector and the largest intergenerational wealth transfer in history, Insignia Financial is well-positioned to deliver quality outcomes for clients and shareholders. "Our results demonstrate ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances ...

Multi-family office adds lead regional role

JAMIE WILLIAMSON  |  THURSDAY, 30 SEP 2021
... growth in Asia's ultra-high-net-worth community in the next five years. It said the pending intergenerational wealth transfer is also a reason for its decision expand. "Peter will help drive the continued inorganic and organic growth of Alvarium's platform ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The Association of Superannuation Funds of Australia (ASFA) has recommended the government remove the indexation of the transfer balance cap and to cap balances at $5 million to balance the system. In its pre-budget submission, ASFA focused its recommendations ...

Perpetual to build US distribution

KANIKA SOOD  |  FRIDAY, 31 JAN 2020
... stage in the evolution of responsible investing. Investor demand, in part driven by the largest intergenerational wealth transfer in history, regulatory change and greater certainty about the positive correlation between ESG and long-term financial performance ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... to be the 'Bank of Mum and Dad' and provide financial support to their children. But intergenerational wealth transfer needs to be responsible. Boomers must make sure their own needs are met before trying to assist their loved ones," Funder said. ...

Aussies unprepared for wealth transfer

ALLY SELBY  |  MONDAY, 9 DEC 2019
Despite the largest intergenerational wealth transfer to date looming, more than half of Australians do not have an estate plan in place. New research from Perpetual shows 56% of Australians do not have a will in place, with 53% of parents admitting ...

Aussie millionaires are cashed up: Report

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... HNWIs and UHNWIs. Morgan said this includes developing optimal investment strategies, managing intergenerational wealth transfer efficiently and diversifying into non-traditional investments and asset classes.

Corporates can help solve retirement issue: BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
... priorities, and even the specifics of its business," he said. This will have a huge impact on the US$24 trillion global wealth transfer tipped to occur in the coming years from baby boomers to millennials. In closing, Fink referenced a recent move by ...

Tax treatment of granny flats under review

JAMIE WILLIAMSON  |  FRIDAY, 30 NOV 2018
... outcome for pensioners as it prevents their age pension entitlement being reduced, while also facilitating early wealth transfer to beneficiaries. However, these arrangements are usually informal, as the imposition of CGT can act as a deterrent to establishing ...