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Showing 811 - 820 of 1947 results for "Proposal"

APRA puts super funds on notice

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
The Australian Prudential Regulation Authority will consult on a raft of proposed changes to the superannuation prudential framework, in an effort to lift operation governance practices of regulated superannuation trustees. The proposals were outlined ...

Advisers searching for LRBA answers

ALEX BURKE  |  WEDNESDAY, 2 AUG 2017
... the past quarter, according to BT Advice Technical research. Advisers' queries focused on two key issues: first, the proposal to combine outstanding LRBA debt to calculate clients' total super balances. BT technical consultant Tim Howard said that "it's ...

Effective data management key to engagement: ISWG

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
The Insurance in Superannuation Working Group is seeking to enhance member insurance outcomes by improving access to timely and relevant information. In its latest discussion paper the group called on superannuation funds to develop an insurance data ...

Labor unyielding on banking Royal Commission

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... important" for him to lift it to 12%. The Shadow Treasurer also commented Labor has yet to make a call on the Coalition's proposal of giving APRA more powers to give consumers greater flexibility over their super funds, adding the party will examine ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
The Federal Government is powering ahead with further changes to Australia's $2 trillion superannuation system, garnering support from across the industry. The latest proposals will see the prudential regulator (APRA) be responsible for making it easier ...

Second private equity firm bids $2.2bn

ALEX BURKE  |  WEDNESDAY, 12 JUL 2017
... firms is matching KKR's bid for an Australian telecoms operator. Affinity Equity Partners has submitted a non-binding proposal to acquire 100% of Vocus Group for $3.50 per share, for a total of $2.2 billion. The proposal is subject to due diligence and ...

FPA professionalism plans garner adviser support

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2017
Live polling conducted at the Financial Planning Association of Australia's National Roadshow demonstrates a strong margin of financial advisers support the association's proposals around the forthcoming education and professional standards legislation. ...

Fairfax nixes private equity buyout

ALEX BURKE  |  MONDAY, 3 JUL 2017
... TPG Group-led investor consortium were granted access to "confidential due diligence" to determine whether a binding proposal for the whole company was possible. Ultimately, neither party made a binding offer and the board has ended discussions with ...

Powerwrap raises $19.4 million for growth

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2017
A $19.4 million capital raise by shareholders and other interested parties will see Powerwrap commence the next stage of its growth strategy, with the potential for an IPO later this year. Despite talk of a sale earlier in the year, the $6 billion platform ...

Easton to acquire $1.7bn advice group

ALEX BURKE  |  TUESDAY, 27 JUN 2017
... minority shareholders. The maximum consideration for GPS is $20 million, depending on how minority shareholders act upon the proposal, and will comprise 50% cash and 50% Easton shares. Upon completion, GPS managing director Grahame Evans would be invited ...