RCEG
RCEG Pty Ltd is a joint venture between Robert Cumming’s nominee and HNW Group Holdings Pty Ltd to own business goodwill. The shareholding for RCEG Pty Ltd is Robert Cumming’s nominee (100%) and HNW Group Holdings Pty Ltd (0%). Robert Cumming (ASIC 336024) is sub-authorised by Life’s Nett Pty Ltd (ASIC 1293632). Both are authorised representatives of HNW Planning Pty Ltd (AFSL and ACL 225216). Revenue sourced from RCEG Pty Ltd.’s goodwill, net of fees paid to HNW Planning for its licensing services, is paid to RCEG Pty Ltd. RCEG Pty Ltd then meets operational costs including support staff, rent, and associate remuneration. If there are distributable profits, such profits may be retained and re-invested in the business, or alternatively dividends may be paid to shareholders
