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Showing 31 - 40 of 1942 results for "Proposal"

Pepper Money rejects Challenger's bid

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2026
... per share after it slashed the offer price from $2.60 per share earlier this month. "Following its consideration of the proposal and consultation with shareholders, the independent board committee (IBC) has determined that the revised proposal is not ...

APRA kicks off Retirement Reporting Framework consultation

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
APRA has launched a consultation on how it can effectively collect and report data from superannuation funds as part of its work under the Retirement Income Covenant. The prudential regulator has released details of how it can work with the industry ...

Government looks to better define roles of regulators

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026
Minister for financial services Daniel Mulino said the government is looking into the information various regulatory bodies seek from the financial services industry to cut red tape. "We rightly, I believe, have multiple regulators in financial services. ...

Senate report provides fuel for CGT discount tweak

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
A Senate inquiry into the operation of the capital gains tax discount concluded the concession does skew ownership away from owner-occupiers and impacts wealth and intergenerational inequality. The Select Committee on the Operation of the Capital Gains ...

Challenger slashes offer price for Pepper Money

RIDDHIMA TALWANI  |  WEDNESDAY, 18 MAR 2026
... its offer price for Pepper Money from $2.60 to $2.25 per share, saying this is its best and final offer. The revised proposal is inclusive of the calendar year 2025 final dividend of 7.8 cents per share and any special dividend. Earlier in February ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
Treasury is proposing to overhaul the curriculum and learning outcomes for new entrants in financial advice, admitting that current requirements are "excessive compared to other professions". The new consultation proposes the pathway to becoming a financial ...

Janus Henderson says Victory deal could leave it 'gravely damaged'

RIDDHIMA TALWANI  |  FRIDAY, 13 MAR 2026
Janus Henderson has said the takeover bid by Victory Capital is not a superior proposal to the Trian Fund Management offer and will not be in the best interest of its shareholders. Stating the offer by Victory Capital presented significant consummation ...

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
... surrendered to amend the bill due to "external pressure". "... while the Albanese government has now modified its original proposal, that change demonstrates how flawed the original design was," Smith said. "In an inflationary environment, the effect ...

ASIC launches beneficial ownership transparency review

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
ASIC is seeking feedback on how it can strengthen transparency around who ultimately owns and controls listed entities, proposing several amendments it hopes will better corporate transparency, market efficiency and oversight. ASIC said its set of proposals ...

NZ Super continues to build investment team

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
... Gourmet, Fidelity Life and Kiwibank. More recently, he led the fund's involvement in the Taranaki Offshore Partnership's proposal to develop a 1GW wind farm in the South Taranaki Bight. Before joining the fund, Jones spent six years in investment banking ...