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Showing 1041 - 1050 of 1910 results for "Disclosure"

Future Fund ranks worst in managing climate risk

LAURA MILLAN  |  MONDAY, 27 APR 2015
... worst in managing climate change risk, along with three other top superannuation funds in Australia, an Asset Owners Disclosure Project (AODP) global survey revealed. REST, Telstra Super, Super SA, Asgard and GESB also received the lowest possible rating ...

Small cap fund opens to retail investors

LAURA MILLAN  |  FRIDAY, 24 APR 2015
... Cromwell Phoenix Opportunities Fund is now open to a wider range of retail investors after the manager developed a product disclosure statement (PDS) for the fund. Managed by Phoenix Portfolios, the fund launched in 2011 with seed capital from Cromwell. ...

Rice Warner consultant criticises MySuper fee disclosure

ALEX BURKE  |  THURSDAY, 16 APR 2015
Rice Warner consultant, market insights Nathan Bonarius has criticised standardised fee disclosure for MySuper products, arguing it allows funds to distort their fee structures. Although Bonarius applauded the intent behind the standardisation of fee ...

Regional banks call for FSI reforms without delay

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... Suncorp Bank, ME Bank, Bank of Queensland and Bendigo and Adelaide Bank support clearer and more effective product disclosure and communication with consumers, particularly with regards to fees, risks and ownership in the mortgage broker and aggregator ...

FSI must lift value in super system: AVCAL

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... AVCAL in its submission to the government's Financial System Inquiry Final Report due last month. AVCAL recommends "disclosure settings for superannuation funds should be designed to encourage members to focus on their net retirement income, rather than ...

NAB, ABS insider traders jailed

ALEX BURKE  |  WEDNESDAY, 18 MAR 2015
... invest in foreign exchange derivative products. This is the first time an ABS officer has been convicted of unauthorised disclosure of statistics. According to Assistant Treasurer Josh Frydenberg's statement, the conviction "sends a clear message about ...

CalPERS meetings open to members

ALEX DUNNIN  |  WEDNESDAY, 18 MAR 2015
... video streamed. The transparency standards at CalPERS stand in stark contrast to the low standards of entity level disclosure that apply to superannuation funds in Australia. For example, some super funds in Australia are still resisting portfolio disclosure ...

Magellan fund awarded Morningstar Gold rating

ALEX BURKE  |  THURSDAY, 26 FEB 2015
... income, account for less than 1% of assets under management of ETFs globally which we believe reflects existing overseas disclosure regimes. In our view, it is likely that the next generation of ETMFs will solve the disclosure issue and experience rapid ...

Westpac, Count on ASIC radar over complex product advice

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
... concerns, including pre-vetting of all statements of advice (SOAs) when structured products are recommended and improved disclosure to address deficiencies. In the case of Count, ASIC was concerned that some client files reviewed did not contain all ...

ASIC stops Bitcoin miner discussing IPO

ALEX BURKE  |  MONDAY, 16 FEB 2015
... companies to be fully aware of their obligations regarding advertising or publicity that occurs before making a regulated disclosure document available to investors. If they do not observe these requirements, then ASIC will take necessary action so that ...