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Showing 741 - 750 of 1947 results for "Proposal"

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... these results," she said. Association of Superannuation Funds of Australia (ASFA) chief executive Martin Fahy said: "The proposal to allocate default superannuation to 10 so called 'best-in-show' funds would dramatically change the retirement ...

Government consults on super access for victims of crime

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
The Federal Government released draft proposals for improving compensation for victims of crime, including the ability to claw-back irregular superannuation contributions made by criminals. To ensure superannuation accounts cannot be used as a safe ...

Global investment giant to acquire Investa fund

ALEX BURKE  |  MONDAY, 28 MAY 2018
One of the world's biggest private equity managers submitted an all cash proposal to acquire an ASX-listed Investa fund. Blackstone's indicative and non-binding proposal is to acquire the Investa Office Fund (IOF) at a price of $5.25 per unit ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
ASIC is reviewing its approach to short selling, including a proposal which would allow market makers of certain exchange-traded products to naked short sell units in an ETF or a managed fund. The law enforcement agency is seeking feedback on several ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
ASIC released its consultation paper detailing proposals for approving and supervising compliance schemes for the incoming code of ethics that all financial advisers must adhere to. Under the professional standards legislation, the code of ethics developed ...

Labor responds to 'unfair' Budget

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... ABC's Leigh Sales in an interview that "you will have to re-elect Malcolm Turnbull twice to get that tax relief." It's a proposal, Bowen said, that is "completely reckless." In his speech, Morrison said Australians earning more than $41,000 will only ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... require superannuation trustees to formulate a retirement income strategy for superannuation fund members. Also under proposal for change is the CorporationsAct 2001. The government wants providers of retirement income products to report simplified ...

Six associations form new alliance

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... highly-regarded associations have joined forces in a bid to improve the retirement system, and unify against Labor's proposal to disallow refunds of excess franking credits for retirees and shareholders. The Alliance for a Fairer Retirement System brings ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... Systems, which was to acquire 100% of Sirtex at $28 per share. While there is no certainty as to whether CDH's indicative proposal will become a binding one, Sirtex nonetheless successfully petitioned the court to seek an adjournment of the original ...

Former NAB subsidiary flags merger with Virgin Money

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... Yorkshire Bank and B brands, will acquire all issued and to-be-issued ordinary share capital of Virgin Money - assuming the proposal goes ahead. The acquisition would occur on the basis of 1.1297 new CYBG shares for each Virgin Money share, and upon ...