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Showing 841 - 850 of 6891 results for "Tax"

Insto injects further $530m in Qualitas

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... firm saw its top and bottom-line surge by more than 80% year on year. Revenue jumped to $73.4 million while net profit after tax hit $22.5 million. Funds under management increased by 77% during the period to reach $7.5 billion as at Aug 23, driven by ...

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... incentives, a bonus of $300,000 for the "additional work" he did for AMP Capital; relocation expenses worth $377,000 before tax; and a payment in lieu of six months' notice. AMP group executive for advice Matt Lawler said: "While we believe we have ...

Advisers boost client portfolios 5.9%

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... affairs. Using five key metrics, the 5.9% premium was calculated based on behavioural coaching (3.4%), asset allocation (1.2%), tax planning and investing (1.3%), choices and trade-offs (variable), and an adviser's expertise (priceless). Year on year ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 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. Diverger provides licensing, network infrastructure and technology services, portfolio services ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... published its draft legislation and is seeking feedback on its proposed reforms, which aim to strengthen the integrity of the tax system and regulators' powers in response to the recent PwC scandal. The new legislation outlines changes to tax promoter ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... concerned" about the rising cost of living. In addition to regulatory, longevity and return risk, retirees need to manage a complex tax code and social security system. Further, figuring out the exact amount retirees should drawdown is also complex. ...

Family offices feeling optimistic about 2024

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... which there have already been multiple generational transitions are more likely to include philanthropy in their estate and/or tax planning strategies. The report said this is because of greater recognition of the need for such integration when the fourth ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... remains demand for several key advice areas among HNWIs - including inheritance and estate planning, strategies to reduce tax, portfolio review, retirement planning and intergenerational advice - but challenges and opportunities remain for advisers ...

ClearView welcomes chief of staff

CASSANDRA BALDINI  |  MONDAY, 18 SEP 2023
... had $305.9 million in in-force life insurance premiums. It further reported a 41% increase in underlying net profit after tax of $36.5 million and a 25% increase in new business to $25.2 million. At the time, Gooderick said the decision to reset and ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism Financing Act, the Privacy Act and the Tax Agent Services Act; applied ethical and professional reasoning and communication (including the Code of Ethics); and financial ...