Key Discussion Points

July 2024

Prime Acquires 100% Ownership of Equity Plan Management Pty Ltd

Prime is excited to share that it entered into an agreement to acquire 100% ownership of Equity Plan Management Pty Ltd and the associated business conducted by Remuneration Strategies Pty Ltd (collectively "EPM").

EPM is one of the most experienced remuneration and employee share plan management administrators in Australia. As well as complete outsourcing of remuneration and employee share plan management and administration, EPM provides training, implementation and support services. EPM currently administers around 100 employee share plans and employs four staff. Referrals account for 70% of its client base and plan revenues are ‘sticky’ as there is a high level of client retention.

The acquisition marks PFG’s entry into the remuneration and employee share plan management sector and delivers on its strategy of growth through complementary, EPS-accretive acquisitions and expanding its capability within its Business Advisory segment focus for Emerging Businesses

Please find the full ASX announcement here and contact enquiry@primefinancial.com.au for any enquiries.

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Wealth Management - Advice, Client Service & Experience

Downsizing your Castle: It’s the vibe!

In recent years, many Australians have been considering downsizing their family homes as a strategic financial move, particularly as they approach retirement. Like a real-life Darryl Kerrigan deciding to sell The Castle for a permanent move to Bonnie Doon, it’s all about “the vibe” of enjoying the serenity while boosting your superannuation.

Corporate Actions & Updates

As part of keeping you up to date on the communications that we are discussing with clients, please click below for the most recent notes.

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Direct Recommendation - Sell WDS, AMC, BXB Buy ORG, MAQ

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Wealth Management - Advice, Client Service & Experience

Recent Monthly Market Update

Click below to read our recent market update for May, released 14 June.

Caution & Considerations Regarding a Binding Death Benefit Nomination

Planning for the distribution of SMSF death benefits is obviously, extremely important. Instructions for superannuation benefits upon your death are not directly covered by a will. However, you can ensure your funds and benefits are distributed in several ways to either reduce the chance of dispute amongst beneficiaries or eliminate unintended taxes or limitations upon them.

Prime ESG Advisory: Exploring How ESG Planning Can Shape a Company's Future

Prime ESG Advisory is presenting a series of roundtable discussions on the changing landscape and the need to keep sustainability at the forefront of business.

The intimate breakfasts will take place in Melbourne, Sydney and Brisbane at the end of July and will feature guest speakers from leading companies with a clear focus on ESG.

In Melbourne and Brisbane, guests will hear from Michelle Degenhardt, Global Sustainability Officer at Flight Centre Travel Group, about how one of the world’s largest travel brands has started and implemented their sustainability journey.

The Sydney event will feature Matt Jones, a co-founder and the branding brains behind one of Australia's recent success stories, Four Pillars Gin. Matt is one of Australia’s leading strategists and storytellers at the intersection of brand, business, leadership, experience, culture, technology, and human behaviour, and has an eclectic background combining economics, politics, and brand experience. Matt will share his thoughts and experiences of how to win by focusing on making better products and delivering better experiences while doing better for the planet.

A unique and personal service approach to support all your business advisory and personal wealth management needs.

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