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Showing 521 - 530 of 1945 results for "Proposal"

Link rejects revised offer

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... October 26. After careful consideration, Link rejected the offer two days later. "The board considers that the revised proposal does not represent compelling value for Link Group shareholders on a control basis and further work is required to determine ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
Evans and Partners is seeking the nod from shareholders to convert its LITs to open-ended funds and to switch to Perpetual as responsible entity. The largest of these is the $279 million Evans & Partners Global Disruption Fund (EGD), followed by the ...

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... test to weed out underperforming default funds in place of the government's recent proposals. ASFA's Lifting the Bar proposal will examine MySuper products and use APRA's annual Member Outcomes Assessment to determine whether a product is considered ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... its bid price to acquire Link to $5.40 per share, 20 cents more than its previous offer. The consortium's previous proposal for a scrip alternative has been updated so that it includes the option of a cash offer for Link excluding PEXA of $3.80 per ...

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
Link Group has concluded the takeover proposal led by Pacific Equity Partners and Carlyle Group materially undervalues the business. The consortium, led by the two private equity firms was offering $5.20 per share via a scheme of arrangement. Link said ...

Alex Waislitz fails to block OneVue acquisition

KANIKA SOOD  |  THURSDAY, 22 OCT 2020
... still make $22 million. "I am disappointed for the 20% of OVH shareholders who agreed with Thorney and voted against the proposal as they will now not benefit from the full potential upside inherent in the company," he said. "However it is clear most ...

The case for an overhaul of advice: Rice Warner, FSC

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... of advice can deduct from the overall value of advice. However, people who receive advice are generally happier. The proposal for simple personal advice would be cheaper and less of a compliance burden with a review able to be done without needing a ...

IAPF to acquire management rights for $40m

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
... of IAPF," the fund said. The fund said the independent directors of the responsible entity unanimously recommend the proposal and suggests unit holders vote in favour. "The independent directors believe that the long-term interests of unitholders would ...

ISA calls for super tax reform

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... earning $40,000 being up to $56,170 better off at retirement. Women would get $291 million of the super tax refunds and the proposal would provide $488 million in super tax breaks to those earning less than $45,000." Industry Super Australia chief executive ...

Stapling equals accountability: Hume

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Senator Jane Hume said the newly-proposed stapling initiatives will force superannuation funds to take better accountability and create a new level of engagement with members. The Assistant Minister for Superannuation, Financial Services and Financial ...