Laureola is pleased to announce the launch of a limited partnership in Bermuda which will invest exclusively in life settlements. The closed-end structure is ideal for institutional investors wishing to access this unique asset class.
Media Releases
SUPERCentral releases new compliance technology platform
SUPERCentral has released a new digital compliance platform for advisers and accountants incorporating a large range of digitised wealth management documents.
Lump sum option for HEAS reverse mortgages from 1 July
Lump sum advance payments are now allowed under the Federal Government’s Home Equity Access Scheme (HEAS). This change will increase flexibility and utility for participants by providing a new way to use the scheme to meet their living expenses.
Questions over adding children to your SMSF
From 1 July 2022, employers will need to pay super for their employees who are under 18 years old if they work more than 30 hours in a week.
New headaches for NSW property owned by SMSFs
Amendments made last month to the NSW Duties Act could cause material headaches to super funds holding real estate in NSW.
Carter court case most important since Bamford
In possibly the most significant trust tax case since Bamford (2010), the High Court has held that the attempt to undo, by means of an “after the event” disclaimer, the tax consequences of a default distribution clause of a discretionary trust was ineffective for taxation purposes.
Pension Boost reaches $100m in HEAS approvals, announces capital raise
Pension Boost, which is the leading independent specialist assisting retirees to benefit from the Home Equity Access Scheme (HEAS), has reached a key milestone of $100 million in HEAS approvals.
Bonds not a safe harbour as inflation builds
Investment grade fixed income has historically been seen as a safe haven for investors but the total return on the Bloomberg Investment Grade Corporate Index for 2021 was -1.0% and US junk bonds now yield less than 4% with a projected 9% default rate.