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Showing 391 - 400 of 1945 results for "Proposal"

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... definitions; difficulties navigating definitions; and overly prescriptive legislation. In responding to the ALRC's proposal of when 'general advice' should be used, the FPA wants the law to rename the term to 'product information' ...

ASIC consults on FSCP sittings

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... hearings of sitting panels via the use of technology, and the timing of the panel publicising its decisions. Another proposal is how to assess if an adviser is a fit and proper person. "We must convene a sitting panel where we reasonably believe that ...

AGL rejects Cannon-Brookes, Brookfield bid

ELIZABETH MCARTHUR  |  MONDAY, 21 FEB 2022
... board of AGL said the offer "materially undervalues" the company and is not in the best interests of shareholders. The proposal represented a 4.7% premium on Friday's closing price of $7.16, and a 4.2% premium on the average share price since AGL announced ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... nearly a third higher than Crown's share price of $9.90 in mid-November, the day before it received an acquisition proposal from Blackstone pitched at $12.50 a share. Crown chief executive Steve McCann described it as a "compelling offer". "The agreement ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...

FPA calls for stronger experience pathway

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... undermine the road to professionalism. Newly appointed chief executive Sarah Abood criticised the federal government's proposal to recognise 10 years of experience to meet adviser education qualifications, suggesting instead that it should only be ...

AFA opposes clean record requirement

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... unintentional." Highlighting results from its own survey of members, the AFA's submission shows 79.8% of respondents support the proposal that an adviser have no sanctions against them. The association has also proposed a new regime where all advisers ...

Charter Hall, PGGM make moves on Irongate

CHLOE WALKER  |  TUESDAY, 1 FEB 2022
... recently refused its bid of $1.72 per share by Irongate's board of directors. Irongate announced that the indicative proposal includes a Memorandum of Understanding with its largest security holder, 360 Capital. "The MOU... describes a proposal under ...

Education reforms are promising: SAFAA

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... will put the industry on a level playing field with other professions. In its submission to the federal government's proposal to reset education standards, the SAFAA wrote that the move will "not roll back or lower education standards" for financial ...

ASIC reviews ETP naming conventions

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... strategies. The role of licensed exchanges authorised in admitting ETPs for quotation is also up for review. Considering the proposal, ASIC released yesterday Consultation Paper 356 ETP naming conventions: Updates to INFO 230. ASIC is taking feedback ...