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Showing 1211 - 1220 of 1948 results for "Proposal"

ASIC takes aim at charitable investment funds

JAMES FERNYHOUGH  |  TUESDAY, 21 MAY 2013
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing changes to existing exemptions for charities that raise investment funds. The proposed changes will affect approximately 200 charitable investment ...

ACCC to review Perpetual's Trust Company takeover

MARK SMITH  |  TUESDAY, 21 MAY 2013
... Pepetual shares for each Trust Company share. The Trust Company's board has unanimously voted in favour of the Perpetual proposal, despite a counter-offer from Equity Trustees.

The Trust Company rules out EQT takeover

MARK SMITH  |  MONDAY, 20 MAY 2013
... Flagstaff Partners and King & Wood Mallesons, the Board of The Trust Company has unanimously determined that the Perpetual Proposal is superior to the Revised EQT Proposal." The Trust Company has been involved in takeover talks since 21 February when ...

Tax lump sums to beat longevity crisis: ASFA

MARK SMITH  |  THURSDAY, 16 MAY 2013
... de-politicised. "In the current environment any changes to superannuation taxation will be difficult to implement and this proposal is not for tomorrow," ASFA chief executive Pauline Vamos said. "We're not calling for income streams to be mandatory ...

Budget 2013-14 wrap up

ALEX DUNNIN  |  WEDNESDAY, 15 MAY 2013
... pensions under the social security income test, noted Colonial First State FirstTech. But the most strategically interesting proposal is that of a trial means tested exemption program for age pension recipients who downsize from their family home provided ...

EQT ups offer for Trust Company

LAURA MILLAN  |  TUESDAY, 14 MAY 2013
Equity Trustees (EQT) has issued revised proposal for the acquisition of The Trust Company after its first offer was rejected in favour of a counter offer by Perpetual Limited (Perpetual). In a statement to the Australian Securities Exchange this morning ...

The Trust Co recommends Perpetual merger

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
The Trust Company board has recommended unanimously that its shareholders support the Perpetual proposal to acquire 100% of its shares. The Perpetual proposal would result in shareholders receiving 0.1495 Perpetual shares for each share held in The ...

Infrastructure offers income low correlation to other assets

MARK SMITH  |  FRIDAY, 10 MAY 2013
... equities and a consistent, high and stable income stream," he said. The sector could also be boosted by a recent Government proposal to legislate a new tax loss incentive to encourage greater private sector investment in infrastructure. Minister for ...

EQT mulls position after Perpetual move on Trust Co

LAURA MILLAN  |  WEDNESDAY, 8 MAY 2013
... own the majority holding," the statement said. "Equity Trustees is currently assessing the implication of Perpetual's proposal on its own offer for Trust Company and anticipates making a formal response in the coming days." EQT managing director Robin ...

SFG pursues mergers on WHK suspension

ALICE URIBE  |  WEDNESDAY, 8 MAY 2013
... Australia (SFGA) is actively pursuing mergers with other accountancy firms, after making the decision to withdraw its proposal with WHK (WHK) Group yesterday. SFGA managing director Tony Fenning told Financial Standard that the firm was "enthusiastically" ...