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ASIC moves to further ease PDS burden

SUNDAY, 13 APR 2003 3:24AM

The Australian Securities and Investments Commission (ASIC) has again acted to ease the burden felt by companies due to the legal obligation to keep Product Disclosure Statements (PDSs) up-to-date...

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Editor's Choice

Equity Trustees super exit sparks Hejaz Islamic Super and Pension closure

KARREN VERGARA

Hejaz's Islamic Super and Pension products will be terminated as a fallout from Equity Trustees ditching the superannuation trustee business. The latter, however, says otherwise.

Sequoia revokes dividends, chief financial officer exits

RIDDHIMA TALWANI

Sequoia will not pay any dividends in the financial year, revoking interim dividend it had announced earlier in the year of one cent per share, as an adviser exodus puts pressure on its revenue.

Acclaim Wealth names chief executive

MATTHEW WAI

The Brisbane-based wealth and superannuation business has appointed a new chief executive, as former boss Terry Constable landed a new role at Infocus after almost three years at the helm.

Global X cuts fees on gold ETF

ELIZA BAVIN

Global X has reduced fees on its Gold Bullion ETF, following in the footsteps of VanEck after it cut fees for its gold ETF last week.

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