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Showing 991 - 1000 of 3208 results for "Scheme"

OneVue encourages Iress takeover

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... to vote in favour of the takeover proposal put forward by Iress after another shareholder started a campaign against the scheme. In a letter, the OneVue board said it has become aware of recent media coverage, or direct correspondence, that a OneVue ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
... ASX-listed administrator. The consortium led by Pacific Equity Partners and Carlyle Group is offering $5.20 per share via a scheme of arrangement. Perpetual, which is the largest shareholder with a 9.65% stake, has sent a letter to the consortium stating ...

Half of UK pension funds seek buy-out

JAMIE WILLIAMSON  |  MONDAY, 12 OCT 2020
... pension funds are now targeting a buy-out as their long-term objective, new research shows. A survey of 100 DB pension scheme trustees by consultancy Hymans Robertson revealed the number of pension funds aiming for self-sufficiency has dropped markedly ...

Bravura to make $41m acquisition

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
Bravura Solutions has announced the acquisition of a UK software company for $41.5 million. Bravura will acquire Delta Financial Systems for $41.5 million, complementing its core Sonata offering and broadening its products and services. Delta is a UK ...

Aussies continue to drain super

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
... week to September 27, a further 36,000 applications were received by funds for the Early Release of Superannuation (ERS) scheme. Of the 36,000 applications 22,000 were first-timers and 14,000 were repeat applications. Initial applications total 3.2 million ...

Aware Super moves to acquire OptiComm

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
... on 15 June 2020. Uniti upped its offer to match Aware Super at $5.85 per share on September 15. OptiComm had scheduled a scheme meeting to consider the Uniti takeover bid for tomorrow (October 13) but it is now seeking a postponement of that meeting ...

Effects of ERS not so bad: Grattan

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... removed from the super system, the Grattan Institute is sticking to its guns that the effects of the Early Release of Super scheme will not have too great of an impact on retirement outcomes. Speaking at the digital Morningstar Investment Conference ...

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... and the investigation into serious incidents of misconduct in the aged care sector through a serious incident response scheme, with additional funding of $29.8 million. It also announced it would provide $10.6 million to connect younger people living ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... little more cautious in her response to the budget, with more superannuation reform. "We will need to see the stapling scheme in more detail, but we do have a number of concerns. There is the danger of people being mis-sold or stapled to an underperforming ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... Retirement income review, CIPRs, Eligible Rollover Funds The budget did not extend the early release of superannuation (ERS) scheme past 31 December 2020. Adjusted drawdown rates for account-based pensions were also left untouched. There was also no ...