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Showing 1061 - 1070 of 1948 results for "Proposal"

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
... Fox said. "I can't say if the change has to be through regulation or through legislation," he said, when asked if the proposal would involve changing the law. He also asked that super funds to inform their members about "the benefits of moving [from ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

Findex close to acquiring Crowe Howarth

MARK SMITH  |  TUESDAY, 7 OCT 2014
... Grant Samuel has been appointed to advise. "After careful consideration, the Board has unanimously concluded that the proposal from Findex is a compelling value proposition offering Crowe Horwath shareholders a significant premium to the market price ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
... as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if is "considers that the benefit to the public from the disclosure of the data outweighs ...

Market wrap

AAP  |  MONDAY, 29 SEP 2014
The share market has improved from a weak start but remains lower due to price falls for the big banks and supermarket giants. IG market strategist Evan Lucas said high yielding stocks were being sold by investors. "The banks particularly continue to ...

FSC advice regulation plan leaves AMP cold

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... regulatory solution," an AMP spokesperson told Financial Standard in response to questions about the industry body's proposal. This flies in the face of statements made by FSC chief executive John Brogden at a briefing this week, where he told media ...

FPA rejects FSC adviser regulation plans

ALICE URIBE, LAURA MILLAN  |  WEDNESDAY, 24 SEP 2014
The Financial Planning Association (FPA) has rejected the Financial Services Council's (FSC) proposal to establish a statutory, independent board to oversee advice, saying that there was no need for further regulation, with the mooted board simply "reinventing ...

Link Group to buy Superpartners

JAMES FERNYHOUGH  |  TUESDAY, 23 SEP 2014
... bidder after a comprehensive process in which the shareholders considered a number of competitive proposals. Link Group's proposal offers each of the shareholder funds ongoing cost efficiencies and scalability to support future fund growth. "If the transaction ...

Expect more regulation on 'too-big-to-fail': Hockey

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... Finance ministers in Cairns this weekend. Hockey said that the Financial Stability Board (FSB) is expected to release a proposal for additional international requirements at the G20 Leaders' Summit in Brisbane in November. "We have made substantial progress ...

Institutions' bid to raise adviser education not genuine: FSU

LAURA MILLAN  |  MONDAY, 8 SEP 2014
The attempt by Australia's largest financial institutions to raise the education standards for their financial advisers is not a genuine attempt by licensees to improve integrity and transparency in the industry, the Financial Services Union (FSU) said. ...