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Showing 701 - 710 of 1947 results for "Proposal"

Custody contract up for grabs

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
A $32 billion public sector fund manager's custody contract has come up for tender as it reviews the market for the best fit. Funds SA has appointed Mercer Sentinel to advise on the tender process. The manager has invited seven custodians to submit ...

Investa Office Fund's Canadian bidder ups the stakes

KANIKA SOOD  |  MONDAY, 17 SEP 2018
... judicial advice from the court later today to adjourn the unitholder meeting convened to consider the existing Blackstone proposal from Monday, 17 September 2018 to a time and date to be determined," IOF said Friday morning. By the evening, IFML's chairman ...

Centuria REIT sees $755m off-market takeover

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... Centuria Industrial REIT (CIP) for a combination of cash and PLG securities. PLG submitted a non-binding and indicative proposal yesterday. For each CIP unit, PLG is offering 33 cents in cash and 3.5 PLG shares. Following a 100% acquisition, PLG will ...

Super industry welcomes Age Pension backflip

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
... Key superannuation industry bodies have welcomed the Federal Government's decision to back flip on its longstanding proposal to increase the Age Pension age to 70. ISA deputy chief executive Matt Linden said the peak body for industry superannuation ...

SMSFA questions three-year audits

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... year's Budget. In response to Treasury's discussion paper, Maroney urged the Government should reconsider introducing the proposal. The submission highlighted concerns that reducing independent oversight could potentially "undermine the integrity of ...

Industry fund cuts admin fee

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
... pay the flat, capped $96 per annum admin fee. The fund said the admin fee changes will satisfy the Federal Budget's proposal to cap the combined admin and investment fee and costs paid by superannuation accounts with balances less than $6000 at 3%. ...

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
Beleaguered Blue Sky Alternative Investments will sell its retirement living funds and its 50% stake in Aura Holdings, the operator of the retirement living business. Blue Sky today announced it signed a binding agreement with an offshore institutional ...

YBR rejects 'opportunistic' takeover bid

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... investment company. IPE directors unanimously recommended shareholders accept the offer in the absence of a superior proposal, with the Mercantile Investment Company subsidiary offering 7.75 cents in cash per IPE share - a 23% premium above the last ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
The Association of Independently Owned Financial Professionals is urging all financial advisers to reunite and put an end to "repugnant" reforms proposed by the Financial Adviser Standards and Ethics Authority. The AIOFP announced it is taking a "politically ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... Right. The Consumer Data Right is aimed to empower customers to use data for their own benefit. Under the Government's proposal, customers will determine which data is shared, on what terms and with whom. Federal Treasurer Scott Morrison said the Consumer ...