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Showing 911 - 920 of 1948 results for "Proposal"

Swiss say no to universal basic income

MARK SMITH  |  TUESDAY, 7 JUN 2016
Swiss voters have overwhelmingly rejected a proposal to give their entire population enough money to live on. A projection provided to the public broadcaster RTS said 78% had voted against the scheme, which would see all Swiss citizens, along with foreigners ...

Property funds battle over GMF merger

DARREN SNYDER  |  MONDAY, 6 JUN 2016
... 16.1% in GMF. Further adding to Growthpoint's challenges is that Centuria Metropolitan REIT (CMA) has offered a separate proposal to acquire all of the outstanding units in GMF, also by way of a trust scheme. While Growthpoint stressed there is no guarantee ...

AIST takes aim at levies consultation

DARREN SNYDER  |  FRIDAY, 3 JUN 2016
The Australian Institute of Superannuation Trustees has labeled Treasury's consultation paper on proposed financial institutions supervisory levies as insufficient and non-compliant with government guidelines. In its submission to Treasury the AIST ...

Life insurance adviser group hits out at FSC priorities

ALEX BURKE  |  WEDNESDAY, 1 JUN 2016
The Life Insurance Customer Group has criticised the Financial Service Council's statement of policy priorities, arguing customers will be "worse off" if the Life Insurance Framework goes ahead. The group, formed in 2015 to give life insurance advisers ...

ClearView's majority shareholder considering sell-off

ALEX BURKE  |  MONDAY, 30 MAY 2016
ClearView has announced in a trading update that it has appointed Morgan Stanley to evaluate its options following the news that a private equity firm is considering selling its 53% stake in the company. ClearView's board is aware that Crescent Capital ...

ISPT increases stake in Brisbane mall

DARREN SNYDER  |  FRIDAY, 20 MAY 2016
... Brisbane from its joint partner Vicinity Centres. The Myer Centre is currently held as a 50:50 joint venture and the ISPT proposal would see its interest increase to 75%. The deal would see Vicinity Centres remain as the property manager and development ...

Govt underestimates SMSF Budget impact: BGL

MARK SMITH  |  MONDAY, 16 MAY 2016
... SMSFs with 160,000 members at 30 September 15). Far more than the 4% suggested in budget. The firm adds that Labor's proposal of $75,000 tax free income for pension accounts is significantly more onerous. Based on the average returns of SMSFs from 2010 ...

Keybridge receives restructure proposal

ALEX BURKE  |  MONDAY, 16 MAY 2016
Keybridge Capital has announced it has received a restructure proposal from a major boutique asset manager. Following the proposal from Wilson Asset Management (WAM), Keybridge's board will convene for an extraordinary general meeting, and will consult ...

Super needs calm after budget shake-up: Vamos

DARREN SNYDER  |  FRIDAY, 13 MAY 2016
The $2 trillion superannuation industry's ultimate priority in the coming weeks will be to calm its members over what has been described as the biggest shake-up to super in more than a decade. Association of Superannuation Funds of Australia chief executive ...

Funds management rife with "dressed up" performance data: Cerulli

ALEX BURKE  |  THURSDAY, 12 MAY 2016
... a poorly performing product under the carpet" by changing its name or mandate, data being changed "between pitch and proposal" and managers launching products based almost entirely on market demand. On the last point, Griffiths said he had "some sympathy ...