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Showing 801 - 810 of 6841 results for "Tax"

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
Despite returning over 40% last financial year, Perpetual is terminating a six-year-old global equities fund. It will also shutter several Pendal funds in November. The Perpetual Global Innovation Share Fund was launched in June 2017 and invested in ...

A roadmap for transitioning to managed accounts

ANDREW MCKEAN  |  THURSDAY, 14 SEP 2023
... benefits of managed accounts also extend beyond execution and transparency; they also offer a superior level of control over tax outcomes. This is particularly significant when managing both direct and indirect assets. Moreover, the flexibility of managed ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... of contribution caps, and the removal of the work test for people under the age of 67. SMSF members appear to be enjoying tax-free earnings in retirement phase compared to APRA fund members. In contrast, nearly one in two members over 65 years old in ...

NZ Super Fund delivers 11.9%

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
NZ Super Fund has achieved a pre-tax return of 11.9% for the full year to 30 June 2023 and increased its value by $9.7 billion to $64.5 billion. Despite the positive results, the global recovery in share prices over the year meant that its total return ...

Wheelhouse repositions global equity fund

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... rate +2.5%. Its internal return target of over 8% per annum over a rolling 5-year period (net of fees and expenses and before tax) has not changed. The fund invests in global listed equities, either in direct equities, ETFs and other index exposures ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... the AQD but have not met all the conditions attached to that qualification. For financial advisers who are also registered tax agents, they're no longer required to meet the additional education requirements to be a qualified tax relevant provider. Assistant ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... programs, there is a tendency to limit the economic impact to more easily quantifiable amounts. For instance the cost of the R&D Tax Incentive is often measured as the cost of the tax benefit received by claimants plus the cost of administration (by ...

Sequoia liquidates Libertas Financial Planning

KARREN VERGARA  |  FRIDAY, 1 SEP 2023
... generated revenues of $5.5 million in FY23, up 11% year on year. It made a $2.6 million loss after recording a $5.7 million after-tax profit in FY22. Over the year, it acquired a 20% stake in Euree Asset Management, and added Castle Corporate and Castle ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... communication that their super product has failed the performance test will be unable to transition their savings elsewhere due to tax implications. FSC chief executive Black Briggs said the government should look to introduce a product modernisation ...

Madison acquisitions strengthen top line

KARREN VERGARA  |  THURSDAY, 31 AUG 2023
... FY22. MTIS, which is now part of Clime Private Wealth, contributed $2.7 million in revenue and $530,000 to the group's pre-tax profit. Clime Private Wealth saw funds under advice climb to $900 million thanks to the addition of MTIS in July 2022. ...