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Showing 1221 - 1230 of 1948 results for "Proposal"

Perpetual to acquire The Trust Company

MARK SMITH  |  TUESDAY, 7 MAY 2013
... They will also receive a fully franked special dividend of $0.22 for each share owned in The Trust Company. Under the proposal, a total implied value of $6.39 will be received by The Trust Company's shareholders, representing a 34.5% premium to The Trust ...

Basel III to see banks focus on longer-term depositors

MARK SMITH  |  THURSDAY, 2 MAY 2013
The requirement to match assets and liabilities under new regulatory proposals will see Australian banks move to a model where customers owning more products, according to ING DIRECT's executive director distribution Lisa Claes. Although the final details ...

AUI tips property fund merger

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
... (SIT) to merge the trust with its flagship Office Property Fund (OPF). Investors in SIT will be eligible to vote on the proposal to create a $360 million property fund comprising commercial properties in Sydney, Melbourne, Adelaide, Brisbane, Canberra ...

ASFA warns govt against Super raid

MARK SMITH  |  TUESDAY, 30 APR 2013
The Association of Superannuation Funds of Australia (ASFA) has warned the government that any plans to raid superannuation would have a grave effect on public confidence. The comments come in light of speculation that the government may be planning ...

SPAA approves government's response to Trio reports

LAURA MILLAN  |  TUESDAY, 30 APR 2013
The self-managed super funds Professionals' Association of Australia (SPAA) has come out in support of the government's response to the parliamentary inquiry into the collapse of Trio Capital, and the report into compensation arrangements for consumers ...

ASIC MDA review requires further clarity: IMAP

ALICE URIBE  |  TUESDAY, 30 APR 2013
... can be taken through a Record of Advice (ROA), rather than a requiring a full Statement of Advice (SOA). A final key proposal made by IMAP in its submission to ASIC, is that MDA authorisations recognise functions actually performed by the MDA operator ...

Coalition vow to leave SMSFs alone

MARK SMITH  |  FRIDAY, 12 APR 2013
Shadow Assistant Treasurer Mathias Cormann has confirmed that the Coalition would aim to leave self-managed super fund (SMSF) legislation alone if they won the next election. Addressing an audience of SMSF advisers, accountants and auditors at the CPA's ...

ASIC delays start date for advisers exam

LAURA MILLAN  |  THURSDAY, 11 APR 2013
... initiative to ensure consistent national standards for advisers and will continue to explore options to implement this proposal once the FoFA reforms have been bedded down. In the coming months, ASIC will also consult on enhancements to the training ...

Superannuation reforms will affect few: ASFA

LAURA MILLAN  |  TUESDAY, 9 APR 2013
... impacted by the new tax. The assessable amount would not be $150,000 (15%) but 50,000 (5%) and therefore tax free under the proposal.

AIA introduces 24 hour insurance processing

LAURA MILLAN  |  TUESDAY, 9 APR 2013
AIA Australia has released a tool that allows financial advisers to automatically process insurance applications. The tool called Auto Complete, allows new policies to be up and running within 24 hours of submission. "For advisers, the speedier turnaround ...