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Showing 191 - 200 of 1944 results for "Proposal"

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
The UK government plans to introduce a 'value for money' test for workplace pension schemes and mandate them to offer retirement products, as it looks to ensure Brits retire with more. A new Pension Schemes Bill, announced in a speech by King ...

Coalition's housing policy could cut Commonwealth Rent Assistance costs

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... that 20% of renters would purchase a home under the scheme. The Parliamentary Budget Office (PBO) estimated that the proposal could decrease the cost of the CRA by $35.4 million over the 2023-24 Budget forward estimates period, and by $86.4 million through ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... an FSG or make information in the document available on their website as "website disclosure information". The third proposal wants to ensure that monetary and non-monetary benefits given by a retail client are not conflicted remuneration. "The new definition ...

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... of shareholders, a control premium should be paid. No control premium is being offered under the Requisitionists' proposal."

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... superannuation tax concessions for those with total superannuation balances that exceed $3 million, Ashenden said. "Under the proposal, from 1 July 2025, clients will pay an additional 15% in tax on earnings corresponding to the portion of their superannuation ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... reignited efforts to tackle this issue in January 2023. Treasury released a discussion paper for consultation outlining a proposal that would make "additional" super contributions made by "convicted child sexual abusers" in the six or 12 months leading ...

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... that the tender offer would be launched early next year. Neoen's board of directors unanimously welcomed Brookfield's proposal and appointed French financial advisory firm Finexsi as an independent expert to assist with the evaluation. The board said ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
... a member over the next few weeks. AFCA announced on May 28 that the administrator of DASS has 21 days to reply to the proposal. AFCA expects the expulsion to take effect on and from 30 June 2024 pending its board's consideration of any submissions. ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
After recently backflipping on changing its high-net-worth investor (HNWI) tests, the UK serves as a cautionary tale for Australia as it mulls overhauling its own wholesale investor thresholds. The UK government introduced new HNWI and sophisticated ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
Opposition leader Peter Dutton criticised Tuesday's Budget as highly irresponsible, arguing that the government has exacerbated inflation and incorrectly claimed that any further interest rate increases would be the responsibility of Anthony Albanese ...