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Showing 201 - 210 of 1944 results for "Proposal"

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... of shareholders, a control premium should be paid. No control premium is being offered under the Requisitionists' proposal." John Larsen left the role of chair on April 18. On May 16, he announced that he ceased as a director of the board effective ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... class unit. Magellan Asset Management has now engaged with regulators, appointed an independent expert to assess the proposal, and prepared a booklet for unitholders containing the notices of meetings and explanatory memorandum. The RE has also filed ...

Calls for a simplified path to financial advice

ANDREW MCKEAN  |  WEDNESDAY, 15 MAY 2024
... providers continue to offer those courses which suit many participants," she said. Abood said an important aspect of the proposal is recognising core knowledge areas essential for all financial advisers, regardless of their specialty-whether stockbrokers ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
Proposed changes to the wholesale investor test potentially have sprawling ramifications for financial advisers and is something some experts say will need to be thoroughly nutted out before the government pushes any reforms over the line. Potentially ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... with other advice professionals that comprise the Joint Associations Working Group (JAWG), the associations developed a proposal to change the current education standards for advisers that has been discussed with Treasury. "There's recognition by ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... ownership prospects," he said. "That is why the Coalition supports super for housing." The SMC criticised this policy proposal to broadly extend the use of super for housing as "economically reckless" and dismissed it as already debunked by credible ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
Treasury is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent". Treasurer Jim Chalmers today released an updated foreign investment ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
In an annual letter to shareholders, J.P. Morgan chief executive Jamie Dimon expressed concern about the "undue influence" of proxy advisors, particularly ISS and Glass Lewis. Dimon said asset managers and institutional investors should base their voting ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... cost of providing financial product advice about the member's interest in the fund. The working group fears that the proposal will result in more red tape when it comes to setting up an ongoing adviser arrangement with trustees to pay for advice ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...