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Showing 1411 - 1420 of 1948 results for "Proposal"

No $900 slug for planners: FPA

ALISON BEVEGE  |  MONDAY, 7 MAR 2011
The Financial Planning Association said it won't be asking financial planners to pay increased fees of $900 under its proposed new fee structure. Fears about fee hikes for individual planners surfaced this morning after a news story in a trade publication ...

Swan approves AMP/AXA merger

ELISE BURGESS  |  WEDNESDAY, 2 MAR 2011
... $14.6 billion merger this afternoon. Update 4.15pm 2/3/2011: AXA APH minority shareholders have voted in favour of the proposal to merge the Australian and New Zealand businesses of AXA APH with AMP and to sell the Asian businesses to AXA SA.

Century Funds manager bid fails

ELISE BURGESS  |  TUESDAY, 1 MAR 2011
... number of elected changes including a forced reduction in Opus Capital's standard fees to match Century's management proposal and a 50 per cent reduction in asset sale fees. Additionally, Opus Capital said it will halve the $3.0 million acquisition fee ...

Opposition slams opt-in policy

MATT WOODINGTON  |  MONDAY, 28 FEB 2011
... opting out. It said it would accept the concept provided it was restructured into a three-year 'opt-out at any time' proposal.

ATO shifts gears on SMSF regos

MATT WOODINGTON  |  FRIDAY, 25 FEB 2011
Trustees will not be able to register an SMSF until there are assets in the fund under a new ATO system launched late last year. Two months ago, 30,000 SMSFs were reclassified as 'Registered - Status not determined', as part of an incentive to make ...

FPA slams industry fund 'one track agenda'

ELISE BURGESS, ALEX DUNNIN  |  THURSDAY, 24 FEB 2011
... result in poor savings and retirement outcomes for Australians while limiting access to financial advice "The opt-in proposal is bad public policy that will harm more Australians than it will benefit," said FPA chief executive Mark Rantall. The FPA's ...

GFC hangover hits Perpetual profit

ALISON BEVEGE  |  WEDNESDAY, 23 FEB 2011
... and savagely changed expected business conditions. Having to spend $3 million responding to the private-equity takeover proposal from corporate raider Kohlberg Kravis Roberts also dented profits, noted Perpetual. The one-off costs are not however thought ...

DKN preps for growth despite profit fall

ELISE BURGESS  |  THURSDAY, 17 FEB 2011
... Butterworth, with its network starting reviews of service packaging and pricing over two years ago. "The Government's proposal to ban commissions and volume-based payments will not impact on the fees DKN receives under its existing distribution contracts ...

ASIC rules to fix disputes faster

ELISE BURGESS  |  WEDNESDAY, 16 FEB 2011
... discuss a potential claim before lodging a claim. ASIC said that both parties will discuss with consumer stakeholders a proposal to change the General Insurance Code of Practice in relation to those situations. If amended, it would require insurers to ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 FEB 2011
... finished 0.60 per cent higher at Sg$8.30 after an announcement that it and the Australian bourse had revamped their merger proposal, hoping to overcome objections to the deal. The city's Straits Times Index fell 0.76 per cent, or 23.76 points, to 3,080.66 ...