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Showing 1311 - 1320 of 1948 results for "Proposal"

FSC makes move on fund governance

ELISE BURGESS  |  WEDNESDAY, 7 MAR 2012
Some of the super industry's biggest players will have new transparency and governance policies to work under after the FSC released its new mandatory policy requirements. The Financial Services Council (FSC) said that there had been a lot of attention ...

Market Wrap - Midday

AAP  |  TUESDAY, 6 MAR 2012
... said it would recommend a merger with China's state-owned Yancoal Australia to its shareholders despite changes to the proposal. Westpac Banking Corporation had fallen three cents to $20.73 on news it planning to send 119 technology jobs overseas to ...

ASIC wants more pay disclosure

MELANIE TIMBRELL  |  THURSDAY, 1 MAR 2012
Companies need to up their game on executive and director remuneration disclosure, according to the Australian Securities and Investments Commission. A review of 50 remuneration reports from 300 of Australia's largest companies for the year ended June ...

Triple engagement but 17 firms get first strike

ELISE BURGESS  |  MONDAY, 27 FEB 2012
... 2011 to a mixed response from the industry after the Federal Government received submissions arguing for and against the proposal with the strongest opposition being to the board spill from a second strike. Since the introduction of the two-strike rule ...

Big Sky members vote in favour of Australian Unity deal

RACHEL DAVIS  |  FRIDAY, 24 FEB 2012
Members of Big Sky Credit Union Limited have approved a proposal to transfer the business to a wholly-owned subsidiary of Australian Unity Limited - Lifeplan Australia Building Society Limited. Subject to regulatory approval, Big Sky Credit Union's ...

Cost cutting key for Perpetual in 2012

CLAIRE MCGREAL  |  THURSDAY, 23 FEB 2012
Cost reduction is a key priority for Perpetual Limited this year, with the group hiring an international consulting firm to review where savings can be made straight away. In its half yearly results released today, the financial services firm posted ...

Pricing competition risks net returns from MySuper: FSC

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
Industry fund dominance of simple, low-cost superannuation will be aggressively challenged by 'white hot' pricing competition that risks an inadequate focus on returns, according to Financial Services Council chief executive, John Brogden. Speaking ...

Bankruptcy could be bliss

BENJAMIN ONG  |  MONDAY, 13 FEB 2012
... consistently failed to deliver on its promises. According to German Finance Minister Wolfgang Schaeuble, Greece's new proposal would lower its debt to only 135% of GDP by 2020, far above the 120% expected as pre-condition for this latest disbursement. ...

New tax proposals aim to consolidate lost super

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
New tax laws being recommended to Parliament look set to benefit people who have rediscovered lost super balances in various funds. The House of Representatives economics committee is urging MPs to adopt the bill, aimed at simplifying super consolidation ...

Cutting super tax breaks unwise: SPAA

CLAIRE MCGREAL  |  TUESDAY, 7 FEB 2012
The Self Managed Super Fund Professionals' Association of Australia has weighed into the industry debate on the Greens' call to raise the superannuation tax for high income earners. Green leader Bob Brown yesterday proposed a scaled tax on super contributions ...