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Showing 451 - 460 of 1944 results for "Proposal"

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... swan' event relating to a financial firm providing an in-scope financial product or service," the government's proposal paper reads. The AFA said: "We are very concerned about the cost of this new scheme and the potential risk in the event of ...

CommIF takeover rejected

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
An independent board committee rejected a takeover bid for AMP Capital's Community Infrastructure (CommIF) Fund. AMP Capital received proposals from Plenary Group, HRL Morrison and Co and Palisade to take over CommIF, but these have all now been rejected. ...

IFM airport bid falls over

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
... 5, with Barrenjoey and UBS advising. After an assessment of the offer, Sydney Airport today advised investors that the proposal is not in the best interests of securityholders. Sydney Airport boards unanimously concluded that the proposal undervalued ...

QSuper, IFM bid for Sydney Airport

ANNABELLE DICKSON  |  MONDAY, 5 JUL 2021
... Management has announced a takeover bid for Sydney Airport. The unsolicited, indicative, conditional and non-binding proposal is offering $8.25 per share which equates to a 42% premium on the last closing price. The conditions include UniSuper, which ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
Financial advice regulatory reforms that include establishing one disciplinary body and giving ASIC greater powers over the industry are closer to becoming law. The minister for superannuation, financial services and the digital economy Jane Hume introduced ...

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
... thank the minister for responding to this issue and coming forward with a solution." Anderson explained that the new proposal requires advisers to provide an FDS that covers a 12-month period, with the first 10 months based upon the actual fees paid ...

Aware Super awards $30bn mandate

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
... investment company with strong environmental, social and governance (ESG) credentials that are very aligned to our own. Their proposal offered compelling value for money for our members and the ability to leverage scale to support our aim to provide ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
... was because by 22 March 2017 the LIC was trading at a 13% discount. After a series of buybacks and options and a merger proposal from Sandon which suggested MA1 be liquidated to cash and taken over at 8% below net-tangible assets in 2018, Shields and ...

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... update the market accordingly," VTH told the ASX. Further, VTH's board urged shareholders to "vote in favour" of the proposal. In the half-year to December 2020, VTH reported a net profit of $23.7 million, nearly doubling the amount it made in the ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
... last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation funds' investments was dropped. However, Labor's other proposed amendments ...