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Showing 151 - 160 of 312 results for "Tranche"

AMP implements significant insurance changes

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... the potential to release up to $500 million of capital from AMP Life, subject to regulatory approval, while the initial tranche of reinsurance will reduce the magnitude of earnings volatility from the Australian wealth protection business. AMP estimates ...

Super reforms finalised by year's end

DARREN SNYDER  |  MONDAY, 17 OCT 2016
... government's wave of superannuation reforms will be introduced to parliament by the end of 2016. Morrison released the third tranche of reforms on Friday and said the legislative amendments better target superannuation tax concessions. The latest tranche ...

AIST wants higher concessional cap for older workers

DARREN SNYDER  |  MONDAY, 10 OCT 2016
... government to retain the $35,000 concessional cap for older workers. As the AIST finalises its submission to the second tranche of superannuation reforms it argues the existing higher concessional cap of $35,000 a year should be retained for older workers ...

Next wave of super legislation rolls in

DARREN SNYDER  |  WEDNESDAY, 28 SEP 2016
... superannuation reforms on the move, Treasurer Scott Morrison released more draft legislation yesterday. Among the second tranche of legislation are plans to implement the $1.6 million transfer balance cap, limiting the amount an individual can hold in ...

Government releases draft super reforms

ALEX BURKE  |  THURSDAY, 8 SEP 2016
The Turnbull government has released its first tranche of exposure draft legislation for proposed superannuation reforms. Describing the reforms as "fairer, more flexible and more sustainable," Treasurer Scott Morrison argued that "the majority of Australians" ...

AMP Capital opts to liquidate AGF portfolio

ALEX BURKE  |  TUESDAY, 16 AUG 2016
AMP Capital has chosen to wind up the China Growth Fund by liquidating the portfolio. As the responsible entity for the fund, AMP Capital considered two options for the wind-up: first, that the portfolio would remain invested in China A shares, with ...

AMP Capital details China fund wind-up strategy

ALEX BURKE  |  MONDAY, 8 AUG 2016
AMP Capital Funds Management chair Adam Tindall has explained its wind-up strategy for the China Growth Fund (AGF) in an ASX statement. Reiterating that the fund will be wound up "as quickly and as efficiently as we can," Tindall added that the proposed ...

Voters opt to shut down AMP Capital China fund

ALEX BURKE  |  THURSDAY, 28 JUL 2016
The AMP Capital China Growth Fund (AGF) will be wound up following the vote at today's EGM. Opening the EGM, AMP Capital Funds Management chair Adam Tindall said that "a lot has changed" since the fund's establishment in 2006. "Markets move on, regulations ...

Proxy results spell doom for AMP Capital China fund

ALEX BURKE  |  WEDNESDAY, 27 JUL 2016
The proxies received prior to Friday's extraordinary general meeting for the future of the AMP Capital China Growth Fund suggest a likely wind-up. The deadline for the proxy results was 10am on July 26; based on the proxies received, AMP Capital said ...

La Trobe Financial prices $250m RMBS Issue

MARK SMITH  |  THURSDAY, 9 JUN 2016
Credit specialist La Trobe Financial has priced its third issue of Residential Mortgage-Backed Securities (RMBS). The issue, which includes several tranches of the investment grade debt, totals $250 million. "We are very pleased with the support for ...