Sat, 20th Apr 2024
from Superannuation News Wrap Hosted by Paige Estritori
This week on Financial Services Online: UniSuper demonstrates leadership in sustainable development investing $600 million into Macquarie Group's renewable projects campaign. Former Vanguard executive, Michael Lovett, assumes CEO role at Bell Asset Management, expected to leverage his considerable experience for the company's growth. New Treasury Laws might impede investment in Australia's innovation sector due to proposed taxation on super fund earnings above $3 million and a raised bar for the sophisticated investor threshold. Further complexities in retirement plans call for increased transparency in financial advisement. Finally, proposed federal tax reforms on judge pensions have raised concerns from the Law Council of Australia, suggesting they might deter legal talents from seeking judicial roles. Keep informed and be financially smart with financialservicesonline.com.au.
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