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Showing 981 - 990 of 1948 results for "Proposal"

AMP China Fund changes "too weak": unit holders

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
... the discount." LIM Advisors "is calling a meeting of all unit holders in Sydney in late October 2015 to consider its proposal of installing a 10% discount ceiling into the fund's constitution and allowing unit holders to call for a wind up or open ending ...

Sunsuper foresees independent director shift

DARREN SNYDER  |  MONDAY, 21 SEP 2015
... appointments being independent directors - including Jenni Mack A in June. Sunsuper is not in favour of the federal government's proposal to have one-third of super board members independent but believes it is the right model for the $34 billion fund. ...

Retail funds cheer super board governance bill

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
... fund boards and considering professionals from more diverse backgrounds for director roles. However, the government's proposal to give the Australian Prudential Regulation Authority (APRA) additional powers to determine what makes a director independent ...

Super board governance legislation introduced today

DARREN SNYDER  |  WEDNESDAY, 16 SEP 2015
Federal Assistant Treasurer Josh Frydenberg will introduce the government's superannuation board governance legislation today at the angst of Industry Super Australia (ISA). Although debate on the Superannuation Legislation Amendment (Trustee Governance) ...

Global Financial Inclusion winners announced

STAFF WRITER  |  THURSDAY, 10 SEP 2015
The Wall Street Journal's Financial Inclusion Challenge, supported by the MetLife Foundation, has been recognised by The Asia Society in Hong Kong. The Challenge is a global project launched in Asia to recognise innovative, sustainable, scalable strategies ...

Government should super seed low income earners

DARREN SNYDER  |  MONDAY, 7 SEP 2015
... "Super Seed" the payment would help bridge the superannuation gender gap as well as leverage compound interest. "The proposal turns on its head the idea of just making catch up contributions later on and instead make contributions at a point where compounding ...

MyPension product to solve retirement income hurdle

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
... include retirement solutions with 'intelligent defaults' that provide retirees with secure income streams." As part of this proposal, it recommends to "review the efficiency of the retirement income system to further improve the efficacy of the system ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
... industry funding model for ASIC. On August 28, Assistant Treasurer Josh Frydenberg welcomed industry consultation on the proposal while arguing the model would ensure the costs of ASIC's regulatory activities are "borne by those creating the need for ...

Scrapping LISC was shameful and retrograde: Bowen

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
Scrapping the low income superannuation contribution (LISC) was "the single, most retrograde and regrettable government policy decision made since the establishment of superannuation," Labor Shadow Treasurer Chris Bowen said. Bowen slammed the measure ...

APRA trustee reforms, definition of independence yet to be finalised

ALEX DUNNIN  |  TUESDAY, 1 SEP 2015
APRA has released a discussion paper detailing the government's proposals for more independent trustees on super fund boards while conceding the definition of independence is yet to be finalised. The proposed changes to trustee operations have divided ...