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Showing 1081 - 1090 of 1948 results for "Proposal"

Ditch retail prospectuses in some cases, say leading lawyers

ALEX DUNNIN  |  TUESDAY, 19 AUG 2014
... prospectuses as the quid pro-quo for continuous disclosure, a panel of leading finance industry lawyers has said. The proposal surfaced following the release of the interim Financial System Inquiry (FSI) report that raised the conjecture that disclosure ...

Portfolio disclosure a 'data dump' on consumers

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... requirements... have we gone too far?' Gordon said: "I would argue that end users need information, not data. "The APRA proposal will deliver data, and I would argue so much of it that it is going to make meaningful understanding of it impossible." He ...

SFGA shareholders approve IOOF acquisition proposal

ALICE URIBE  |  MONDAY, 4 AUG 2014
... Promnitz said. Independent expert Ernst & Young confirmed that the scheme was "fair and reasonable" in absence of a superior proposal. IOOF offered 0.104 shares for each SFGA share, which implies a value of $0.90 per SFGA share. The group is also offering ...

AIST slams Xenophon's super home loan proposal

JAMES FERNYHOUGH  |  FRIDAY, 1 AUG 2014
Independent Senator Nick Xenophon's proposal to allow first home buyers to access their super for a deposit would "threaten retirement income security", according to Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia. ...

Market wrap

AAP  |  MONDAY, 21 JUL 2014
... Pattinson fell nine cents to $14.71, while Brickworks was up one cent to $14.22 after a tax ruling effectively ended a proposal to disentangle the companies' cross ownership structure. Fairfax Media gained 2.75 cents to 93.75 cents, following media reports ...

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
The government's deal with the Palmer United Party (PUP) to retain the Future of Financial Advice (FoFA) legislation will save the financial services industry millions of dollars according the Financial Planning Association (FPA). Commenting on the ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
Financial System Inquiry (FSI) chairman David Murray spoke at the National Press Club following the release of the FSI interim report. "Thank you to the National Press Club for the interest you have shown in today's release of the interim report of ...

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
... Financial System Inquiry (FSI) a "cop out." Shadow Treasurer Chris Bowen told journalists this morning that the government's proposal to deal with these issues within the FSI "is a cop out, a cheap cop out." He also questioned the suitability of FSI ...

Palmer to oppose abolition of LISC

JAMES FERNYHOUGH  |  MONDAY, 7 JUL 2014
... position, Mr Palmer's Senators join a host of others who have now committed to retain this vital piece of policy. "The proposal to abolish the LISC would have increased the tax paid on the super savings of one in three Australians - and half of working ...

IOOF set to complete SFGA acquisition in August

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
... Promnitz said. Independent expert Ernst & Young confirmed that the scheme is "fair and reasonable" in absence of a superior proposal. IOOF offered 0.104 shares for each SFGA share, which implies a value of $0.90 per SFGA share. The group is also offering ...