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Showing 1001 - 1010 of 1910 results for "Disclosure"

TAL Direct business penalised for advertising

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
... to which they were entitled during the five weeks they were off work" - in fact, the Income Protection Plus product disclosure statement specifices that claimants were paid a month in arrears following confirmation that they had been off work for the ...

Treasurer commits to improve after-fee super returns

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
... government will also soon release draft exposure legislation for public consultation outlining a revised portfolio holdings disclosure model and choice product dashboard regime.

Super funds should engage in pub theory

DARREN SNYDER  |  THURSDAY, 26 NOV 2015
... will consider a small risk loss as not worth incurring even when the probable outcome is excellent." Sunstein said disclosure of information, warnings, default rules, drawing attention to social norms, and reminders were all "nudges." However, a jail ...

New super transparency rules spark controversy

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
ASIC's updated fee and cost disclosure requirements for superannuation funds have sparked controversy among industry stakeholders. The regulator released Regulatory Guide 97 Disclosing fees and costs in PDSs and periodic statements, which includes a ...

Parliament repeals key FoFA amendments

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
... extending the time for advisers to send opt-in notices from 30 to 60 days and extending the time for clients to prove fee disclosure statements to pre-1 July 2013 retail clients from 30 to 60 days. The financial planning sector had long lobbied for these ...

ASIC accepts J.P. Morgan enforceable undertaking

ALEX BURKE  |  THURSDAY, 19 NOV 2015
... Securities LLC, about which ASIC said it had "concerns" following "significant and repeated failures to comply with the disclosure conditions of ASIC exemptions relied upon by [these entities]." Specifically, ASIC provides exemptions to these businesses ...

Evolving super sparks C-suite shift

DARREN SNYDER  |  MONDAY, 16 NOV 2015
... smaller funds. It must be noted that of the 72 super funds, most were not-for-profit as retail funds do not have the same disclosure or ownership of roles. Unsurprisingly the Rainmaker research showed the highest number of executive roles came from those ...

Super trustee bill before the Senate

DARREN SNYDER  |  MONDAY, 9 NOV 2015
... While mandating that one-third of the board be independent, the draft legislation also includes an "if not, why not" disclosure requirement that the board have a majority of independent directors. This allows flexibility for funds that are unable to ...

Financial System Inquiry response cut-out-and-keep guide

MARK SMITH  |  TUESDAY, 20 OCT 2015
... rather than acting as a blockage. "The Government agrees to develop legislative amendments to modernise and simplify disclosure requirements for large corporates issuing 'simple' corporate bonds to the retail market. "Technology-specific regulation can ...

ISA calls out banks over fee structures

DARREN SNYDER  |  MONDAY, 12 OCT 2015
... conglomerates with very little or no transparency. "This should be cause for concern for fund members and an area ripe for disclosure reforms by law makers and regulatory authorities," Whiteley said. "Fees are being generated a number of ways by the ...