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Showing 841 - 850 of 1947 results for "Proposal"

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
The Productivity Commission's draft report on alternative default models for the superannuation system has been met with mixed responses from the industry. The Commission recommended a number of changes to the current default fund system and took aim ...

Productivity Commission proposes default super overhaul

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
... saying that the Productivity Commission has failed to provide evidence that changing defaults will benefit members. "The proposal for a radical shakeup on default fund selection without even bothering to review the existing system is not only ludicrous ...

PIMCO unitholders approve $10bn RE transaction

ALEX BURKE  |  MONDAY, 20 MAR 2017
... capabilities from EQT in December 2015. PIMCO head of Australia and New Zealand Adrian Stewart said the success of the proposal has "exceeded all expectations," noting that 98.5% of unitholders who voted across the PIMCO fund complex voted in favour. ...

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
... SMSF Association, and the Financial Services Council have all remained emphatic in their opposition to the policy. "This proposal could reduce retirement savings and drive up housing prices while doing nothing to address supply. It's simply bad policy," ...

Peter Hall hands over remaining Hunter Hall shares

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
... statement, Hunter Hall chair Kevin Eley noted that the Pengana Capital merger announced last week is a "materially superior proposal for Hunter Hall shareholders." Assuming shareholder approval of the merger, Hunter Hall will acquire all of the shares ...

Suncorp inches closer to NZ insurer takeover

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
... benefit equally from a sale and will be asking Suncorp to advise whether it intends to employ differential pricing in its proposal." "In addition, we will seek to clarify aspects of the highly conditional nature of their indicative scheme proposal. The ...

Hunter Hall LIC board prepares for April fight

ALEX BURKE  |  WEDNESDAY, 8 MAR 2017
... Global Value's current board is in doubt ahead of the April EGM where shareholders will vote on Wilson Asset Management's proposal to replace them. From HHV chair Paul Jensen's perspective, though, WAM's proposal is unlikely to succeed. Speaking to Financial ...

Merger creates active management behemoth

ALEX BURKE  |  TUESDAY, 7 MAR 2017
... new entity, which will also be rebranded to represent the current names of both managers. The merger statement said the proposal "reinforces both Standard Life's and Aberdeen's long-standing commitment to active management, underpinned by fundamental ...

Home deposits unwelcome in super

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... their super will set back a retirement income system that is still struggling to fully deliver." Anthony also said the proposal is inconsistent with the federal government's objective of super, being "to provide income in retirement to substitute or ...

Rubik shareholders mull acquisition by Geneva fintech

ALEX BURKE  |  THURSDAY, 16 FEB 2017
The directors of ASX-listed fintech company Rubik Financial unanimously recommended shareholders accept a proposal for the company to be acquired by a Geneva-based software provider. Under the terms of its binding scheme implementation deed, Temenos ...