News

Westpac latest cab off the cash PIE rank

Friday 28th of March 2008
The Westpac Cash Plus Trust was released through the bank's financial advice network two weeks ago and has already garnered "impressive" support, according to Patrick Middleton, head of Westpac Wealth.

Middleton said the Cash Plus fund is targeted at the 39% and 33% tax bracket investors who can take advantage of the PIE maximum tax rate of 30%, which becomes effective on April 1.

"The...

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