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Family Office

CFS launches range of SMAs

JAMES FERNYHOUGH  |  THURSDAY, 1 MAY 2014
Colonial First State has launched a suite of separately managed accounts (SMAs), now available to Commonwealth Private clients.

Technology now about connectivity not just firepower

ALEX DUNNIN  |  TUESDAY, 15 APR 2014
Rapidly changing technology isn't a threat to financial services operators, it's just the continuation of long term trends that have always confronted the sector, said global financial services technology specialist Advent.

ATO issues warning ahead of tax haven crackdown

STAFF WRITER  |  FRIDAY, 28 MAR 2014
The Australian Taxation Office (ATO) is urging all taxpayers with offshore assets to declare their interests, ahead of a global crackdown on international tax havens.

ATO initiative raises $640 million from wealthy Australians

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
The Australian Taxation Office (ATO)'s voluntary compliance initiative has exceeded expectations, raising $640 million from wealthy Australians since it was launched four years ago.

OneVentures launches second fund for HNWs and instos

STAFF WRITER  |  WEDNESDAY, 26 MAR 2014
Australian venture capital firm, OneVentures has launched the OneVentures Innovation and Growth Fund II, seeking to raise $100 million from institutional investors and high net worth (HNW) individuals over the next 12 months.

Gina gets richer but falls down list

AAP  |  WEDNESDAY, 5 MAR 2014
Mining magnate Gina Rinehart has tumbled 10 places on a list of the world's wealthiest, despite getting richer.

Myer named top Australian family office

MARK SMITH  |  THURSDAY, 13 FEB 2014
The Myer Family Office has been named the best family office service in Australia in the annual Euromoney Private Banking and Wealth Management Survey.

EQT charitable trust distribute over $14.5 million

LAURA MILLAN  |  FRIDAY, 7 FEB 2014
Equity Trustees' (EQT) 206 charitable trusts distributed more than $14.5 million in 2013, following the directions and wishes of the trusts' founders.

$1.5 billion given away by PAFs since launch

MARK SMITH  |  THURSDAY, 23 JAN 2014
By the end of 2014, Private Ancillary Funds (PAFs) will have distributed more than $1.5 billion to charitable causes since the philanthropic trust structure was established more than 12 years ago, according to a JBWere report on the sector.

Rich get richer fastest in Australia

MARK SMITH  |  WEDNESDAY, 22 JAN 2014
The increase in the share of income going to the wealthiest 1% since 1980 rose faster in Australia than any country bar the US, a new Oxfam report reveals.