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Showing 971 - 980 of 1948 results for "Proposal"

Government to lift advice standards by law

LAURA MILLAN  |  TUESDAY, 20 OCT 2015
... the government has continued to lead reform of the advised life insurance sector and will progress the industry reform proposal released on 25 June."

HUB24 refuses IOOF takeover

LAURA MILLAN  |  MONDAY, 19 OCT 2015
HUB24 has turned down IOOF's offer to acquire all of its shares. The platform provider's board considered the proposal and consulted with its advisers. They all concluded that "the proposal is inadequate and does not reflect the underlying value of ...

Governance Institute pulls support for super bill

LAURA MILLAN  |  THURSDAY, 15 OCT 2015
The Governance Institute has pulled its initial support for the government's bill on superannuation fund boards and is now calling for it to be scrapped. "The process has become overly politicised to the detriment of genuine governance outcomes," a ...

iSelect CEO departs amid takeover bid

ALEX BURKE  |  THURSDAY, 15 OCT 2015
Life insurance broker iSelect has announced the departure of its chief executive and confirmed a buyout proposal from a private equity firm. Outgoing chief executive Alex Stevens has left the company after 18 months in the role; in his place, iSelect ...

IOOF behind HUB24 buyout offer

LAURA MILLAN  |  WEDNESDAY, 14 OCT 2015
IOOF Holdings is back in the acquisition game and has made a proposal to acquire all of the shares of HUB24. Both companies confirmed the move in statements to the Australian Securities Exchange and HUB24 placed its shares in a trading halt on Tuesday ...

New super Shadow Minister as PM acknowledges Labor's plans

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
New Shadow Minister for Financial Services and Superannuation, Jim Chalmers, said he will build on Labor's proud record in superannuation and advance a "more resilient, fair and competitive financial system." Chalmers joined several first-term Labor ...

ASIC funding model needs "meat on the bones"

LAURA MILLAN  |  TUESDAY, 13 OCT 2015
The Treasury's proposal of a new model to fund ASIC lacks detail and needs "more meat on the bones," the Governance Institute said. The organisation said that the government's consultation paper 'Proposed Industry Funding Model for the Australian Securities ...

HUB24 considers buyout proposal

ALEX BURKE  |  FRIDAY, 9 OCT 2015
HUB24 has announced it is considering a proposal from an unnamed "unrelated party" to buy 100% of its shares. In a statement to the ASX, the firm said its directors are evaluating the proposal, which would entail a cash consideration of $2.75 per share. ...

New laws define inactive super members

DARREN SNYDER  |  WEDNESDAY, 30 SEP 2015
... unclaimed; and the fund has not received a contribution or rollover in respect of the member within the last 12 months. The proposal will allow inactive superannuation accounts to be consolidated in to members' active super accounts without the individuals' ...

SMSF Association farewells super shadow minister

DARREN SNYDER  |  TUESDAY, 29 SEP 2015
The SMSF Association has paid tribute to federal politician Bernie Ripoll, who recently announced his resignation as Shadow Minister for Financial Services and Superannuation. Ripoll will be leaving politics at the next election and the SMSF Association ...