Pension fund

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Diversified Healthcare Trust (Nasdaq – DHC)

Retrieved on: 
Monday, July 10, 2023

BALA CYNWYD, Pa., July 10, 2023 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Diversified Healthcare Trust (“Diversified Healthcare” or the “Company”) (Nasdaq – DHC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Company to Office Properties Income Trust (“Office Properties”).

Key Points: 
  • BALA CYNWYD, Pa., July 10, 2023 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Diversified Healthcare Trust (“Diversified Healthcare” or the “Company”) (Nasdaq – DHC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Company to Office Properties Income Trust (“Office Properties”).
  • Under the terms of the Agreement, Diversified Healthcare shareholders will receive only 0.147 shares of Office Properties for each share of Diversified Healthcare common stock they own.
  • The investigation concerns whether the Diversified Healthcare Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Office Properties is paying too little for the Company.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

2023 Disability Equality Index® Uncovers Uneven Adoption of Corporate Disability Inclusion Practices

Retrieved on: 
Monday, July 10, 2023

The 2023 report debuts a new framework that illustrates the lifecycle of disability inclusive practices by examining rates of adoption.

Key Points: 
  • The 2023 report debuts a new framework that illustrates the lifecycle of disability inclusive practices by examining rates of adoption.
  • “The findings of the 2023 Disability Equality Index reveal that while promising progress has been made, there is more work to be done.
  • These initiatives include:
    Pulling back the curtain on corporate governance: The 2023 DEI revealed that people with disabilities are drastically underrepresented in corporate governance.
  • Even fewer companies disclose board-level disability figures, making it difficult to track disability representation at the highest levels of business.

A tax expert's tips on claiming crypto losses on tax, and how to work out capital gains

Retrieved on: 
Sunday, July 9, 2023

Though the statistics are inexact, some surveys suggest as many as 21% of Australian adults now own crypto assets (and that a further 8% have owned them in the past).

Key Points: 
  • Though the statistics are inexact, some surveys suggest as many as 21% of Australian adults now own crypto assets (and that a further 8% have owned them in the past).
  • If you managed to make gains in the past year, you may need to pay extra tax.
  • This isn’t based just on when you convert your crypto assets into Australian dollars.

How the tax office treats crypto assets

    • The Australian Tax Office treats cryptocurrency holdings like other investment assets, such as company shares or real estate.
    • But for individuals – “mum and dad” investors – the key point is that capital gains tax is effectively the same as income tax.
    • A capital gain is added to your assessable income, and therefore to the income tax you owe.

How do I record my gains (or losses)

    • The big exception to this is if you use cryptocurrency as actual currency, to buy goods for personal use – such as a meal, concert ticket or white goods for your home.
    • If you use crypto to buy a personal use asset for less than A$10,000, you can usually disregard the capital gain.
    • The longer you’ve held crypto, the more likely the tax office is to regard it as an investment, and deny the exemption.

Calculating the capital gain

    • That transaction wouldn’t have involved Australian dollars – but the tax office still expects you to report the capital gain as if it had.
    • So what was the capital gain on that hypothetical transaction?

Do I pay tax on all my capital gain?

    • For any asset held longer than 12 months, you only have to pay tax on half the capital gain – what the tax office describes as a 50% discount.
    • You input this information into the tax return by answering key questions set out in Question 18 of the individual tax return.

Can crypto tax software help?

    • These are particularly useful if you transact often, or have a number of crypto wallets.
    • But you will still need to double-check the results before relying on them to complete your tax return.
    • You may need to add information manually – and it is your responsibility to ensure you are reporting to the tax office correctly.

What if I don’t declare?

    • The tax office has ways to match data from sources such as digital exchanges to identify possible tax evasion.
    • It is not intended as professional, legal or tax advice, for this you should consult a suitably qualified accountant or other professional.
    • The tax law and Australian Tax Office position is subject to both prospective and retrospective changes.

EQS-News: HELMA Eigenheimbau AG held Annual General Meeting and announces change to the Supervisory Board

Retrieved on: 
Friday, July 7, 2023

Lehrte, July 7, 2023 – HELMA Eigenheimbau AG held its Annual General Meeting today and announces change to the Supervisory Board.

Key Points: 
  • Lehrte, July 7, 2023 – HELMA Eigenheimbau AG held its Annual General Meeting today and announces change to the Supervisory Board.
  • HELMA Eigenheimbau AG held its Annual General Meeting today.
  • Change to HELMA Eigenheimbau AG Supervisory Board:
    To stabilise its traditional business and quickly return to qualitative growth in view of the current massive changes on the market, HELMA Eigenheimbau AG is currently rigorously realigning its activities.
  • As a result of this process, Andreas Zschiesche, Großpösna, and Oliver Bletgen, Hanover, will join the Supervisory Board of HELMA Eigenheimbau AG with immediate effect.

EQS-News: Baader Bank Annual General Meeting elects new Supervisory Board

Retrieved on: 
Friday, July 7, 2023

The regular election of the Supervisory Board took place at the Annual General Meeting of Baader Bank Aktiengesellschaft on 6 July 2023.

Key Points: 
  • The regular election of the Supervisory Board took place at the Annual General Meeting of Baader Bank Aktiengesellschaft on 6 July 2023.
  • The existing Supervisory Board members, Mr Helmut Schreyer, Prof Georg Heni and Mr Christoph B. Mast, were re-elected by the shareholders for a further term of office on the Supervisory Board of Baader Bank during the Baader Bank (virtual) Annual General Meeting.
  • In addition, Dr Louis Hagen was elected by the Annual General Meeting as a new Supervisory Board member.
  • Immediately after the (virtual) Annual General Meeting, the constituent meeting of the new Supervisory Board took place, during which Mr Helmut Schreyer was reappointed as Chairman of the Supervisory Board and Prof Heni was reappointed as Deputy Chairman of the Supervisory Board.

TEAMSTERS LOCAL 251 DEMANDS TOWN OF TIVERTON NEGOTIATE IN GOOD FAITH

Retrieved on: 
Thursday, July 6, 2023

TIVERTON, R.I., July 6, 2023 /PRNewswire/ -- Teamsters Local 251 is demanding that the Town of Tiverton stop stalling contract negotiations with its members who work in the Department of Public Works (DPW). In a letter to the Tiverton Town Council, the Teamsters raise deep concerns over union busting efforts by the Town of Tiverton, which has dragged out bargaining for a year.

Key Points: 
  • TIVERTON, R.I., July 6, 2023 /PRNewswire/ -- Teamsters Local 251 is demanding that the Town of Tiverton stop stalling contract negotiations with its members who work in the Department of Public Works (DPW).
  • In a letter to the Tiverton Town Council, the Teamsters raise deep concerns over union busting efforts by the Town of Tiverton, which has dragged out bargaining for a year.
  • Since July 2022, Teamsters and the Town of Tiverton have been in negotiations for a new contract.
  • Teamsters Local 251 represents over 6,300 workers in a wide variety of industries throughout Rhode Island and southeastern Massachusetts.

TEAMSTERS PICKET AMAZON ON BOTH COASTS IN EXPANDING STRIKE

Retrieved on: 
Thursday, July 6, 2023

CARTERET, N.J., July 6, 2023 /PRNewswire/ -- Striking Amazon delivery drivers and dispatchers from Palmdale, Calif., extended their picket line to an Amazon warehouse (EWR5) outside of New York City today, to demand the e-commerce giant stop its unfair labor practices. The growing strike will continue until Amazon reinstates the unlawfully terminated Palmdale employees, recognizes the Teamsters, respects the contract negotiated by the workers, and bargains with the Teamsters Union to address low pay and dangerous working conditions.

Key Points: 
  • We are going to continue our unfair labor practice strike until Amazon respects our rights."
  • Amazon drivers and dispatchers began their unfair labor practice strike at an Amazon delivery station in Palmdale on June 24.
  • The Carteret, N.J., facility is the fifth Amazon warehouse Palmdale Teamsters have picketed during their nearly two-week strike, and the first outside California.
  • They extended their picket line to Amazon sortation centers in San Bernardino, Mira Loma and Newark, Calif., last week.

Cytel Acquires French Group stève consultants to Further Expand Value Evidence and Real-World Analytics Capabilities

Retrieved on: 
Thursday, July 6, 2023

Cytel now stands as one of the largest global providers of HEOR, RWE, global value strategy and market access consulting.

Key Points: 
  • Cytel now stands as one of the largest global providers of HEOR, RWE, global value strategy and market access consulting.
  • "stève consultants have crafted a team of unparalleled know-how in regional market access, HEOR, and RWE,” said Radek Wasiak, General Manager, Real-World and Advanced Analytics (RWAA), Cytel.
  • “Joining forces with Cytel further expands the insight and support we can offer for market access and market maintenance in France,” said Stève Bénard, Executive Manager, stève consultants.
  • To learn more about the work of Cytel’s real-world & advanced analytics capabilities, please visit: https://www.cytel.com/solutions#real_world___advanced_analytics
    For more information about stève consultants, please visit: http://www.steve-consultants.com/en/steve-consultants-2/

Principal® Joins Industry Consortium to Support Automatic Portability of U.S. Retirement Accounts

Retrieved on: 
Thursday, July 6, 2023

Principal Financial Group® today announced it joined the Portability Services Network, LLC (PSN), a consortium of retirement plan service providers focused on helping America's under-served and under-saved workers improve their retirement outcomes by making it easier to transfer their workplace retirement accounts when changing employers.

Key Points: 
  • Principal Financial Group® today announced it joined the Portability Services Network, LLC (PSN), a consortium of retirement plan service providers focused on helping America's under-served and under-saved workers improve their retirement outcomes by making it easier to transfer their workplace retirement accounts when changing employers.
  • PSN will assist workers with lower balances who change employers by automatically matching and moving their workplace retirement savings to their new retirement plans.
  • Its goal is to establish a nationwide, digital hub connecting workplace retirement plan recordkeepers and the employers they serve.
  • The consortium currently represents approximately 82 million workers across more than 185,000 employer-sponsored retirement plans, based on data published by Pensions & Investments.