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Showing 321 - 330 of 1944 results for "Proposal"

What to expect at FPA Congress 2022

CASSANDRA BALDINI  |  TUESDAY, 22 NOV 2022
The Financial Planning Association of Australia's (FPA) Professionals Congress is back for the first time in person in three years. Kicking off tomorrow at Sydney's ICC with the theme 'Reunite, Reset', Congress chair Marisa Broome said the event ...

If it ain't broke, don't fix it: Graham

CHLOE WALKER  |  FRIDAY, 18 NOV 2022
Speaking at the Financial Standard Technical Services Forum in Sydney this week, Assured Support managing director Sean Graham said that the Quality of Advice Review is disappointing for advisers who have worked hard to build the foundations of an advanced ...

Advisers, non-relevant providers will not compete: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
... Advice Review chair Michelle Levy says. Speaking to Financial Standard for an upcoming podcast, Levy touched on the QAR proposal to cause perhaps the most debate. "One of the biggest concerns was opening up the provision of financial advice or financial ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
APRA has released a discussion paper that outlines proposals to ensure trustees prepare for, manage, and execute successor fund transfers more smoothly, and efficiently. APRA's proposals have been prompted by heightened transfer activity in the industry ...

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
Super funds and other shareholders could be in a position for a second time this year to approve a proposal to privatise an electricity provider, as Brookfield and MidOcean Energy bid to take over Origin Energy. Brookfield and MidOcean, an LNG company ...

Perpetual, Pendal deal on shaky ground

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... confirming two separate unsolicited approaches for this business. This is highly material given that prior to Regal's proposal, PPT's market capitalisation had dropped to a mere $1.4 billion," Datt Capital chief investment officer Emanuel Datt ...

Perpetual knocks back second takeover offer

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2022
... led by Regal Partners. Regal Partners and BPEA Private Equity Fund VIII subsidiary Morello Pte. provided an improved proposal to acquire 100% of Perpetual for $33 a share last night. In doing so, the consortium requested a one-week due diligence period ...

AFA posts $273,135 operational loss

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... early February 2023, closing in late February at separate Extraordinary General Meetings of the AFA and FPA. For the proposal to succeed, 75% of members who vote will need to vote in favour. AFA chief executive Phil Anderson said: "The AFA and FPA strongly ...

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
Perpetual has rejected an unsolicited takeover proposal from Regal Partners and BPEA Private Equity Fund VIII. According to an ASX announcement, the non-binding indicative proposal was to acquire 100% of Perpetual at $30 a share. Perpetual said the ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
A new paper from the Quality of Advice Review recommends life insurance commissions be retained, but additional disclosure rules be introduced to ensure clients consent to the payments. In August, the first proposals paper from the Quality of Advice ...