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Showing 51 - 60 of 158 results for "Fee disclosure"

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... Insurance Code of Practice. Willsford, who previously worked with the FSC and industry stakeholders to introduce fee disclosure in prospectuses, understands the challenges of launching unprecedented initiatives and changes. What's pleasing to see, she ...

ASIC to ramp up trustee visits

KARREN VERGARA  |  FRIDAY, 7 SEP 2018
Superannuation funds should get accustomed to leaving the front door open for ASIC as the regulator flagged it will pay trustees more periodic visits. Presenting a regulatory update at the AIST Super Investment Conference? in Cairns yesterday, ASIC ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... risk and investment revenue streams. "These trail commission registers in 2013-14 were sought after because no Fee Disclosure Statement (FDS) was required and the opt-in requirement for new clients from 1 July 2013, didn't apply. Even some major ...

Super fees outpace asset growth: Research

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The rate at which superannuation funds slug members fees is growing faster than the underlying assets being managed, latest research shows. Rainmaker Information's March quarter Benchmarking report shows members paid a total of $32 billion in super ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... to FoFA, he said. Banning conflicted remuneration as of July 2013 was the start of it, together with increased fee disclosure transparency and the ability to opt-in regularly, Wright added. She then asked if financial advisers can be trusted advisers ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
The US Securities and Exchange Commission (SEC) announced it will crackdown on financial product providers' fee disclosures the year ahead in a bid to protect mum and dad investors. The SEC made it clear that one of its main priorities this year is ...

RG97 effects inconsistent: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
The effects of fee disclosure reforms under Regulatory Guide 97 have trickled through market segments and asset classes revealing uneven results, Rainmaker's research shows. A high level analysis shows not-for-profit (NFP) superannuation funds have ...

ASIC reviews RG97 impact

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
ASIC announced it will conduct an external review on the effects of the Regulatory Guide 97 fee disclosure reforms, and will again extend its previous September 30 compliance deadline. ASIC said the move was in response to the industry's outcry around ...

Fees dominate super choice, RG97 falling short: ISA

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2017
... are a sound warning to ASIC and the new Regulatory Guide 97 (RG97) rules about to take effect. Linden said new fee disclosure rules, while promising improvement, contained investment vehicle exclusions that could mislead consumers. "Unfortunately with ...

EOFY: Super funds to hit double digit returns

STAFF WRITER  |  FRIDAY, 30 JUN 2017
... investment returns come just at the time when the superannuation market is bracing itself for the impact of new fee disclosure guidelines which is expected to artificially lift headline declared fees by around 30 basis points. Fay said the latest returns ...