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Showing 1061 - 1070 of 1924 results for "Disclosure"

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 ...

ASIC report highlights insufficient penalties

LAURA MILLAN  |  MONDAY, 2 FEB 2015
... enforcement report. ASIC quotes the record $1.2 million civil penalty imposed on Newcrest Mining for contravening its disclosure obligations. However, it quotes Justice Middleton's remarks when determining the penalty: "It could be argued that even a ...

ASFA supports ASIC electronic disclosure consultation

ALEX BURKE  |  THURSDAY, 22 JAN 2015
... Consultation Paper 224 - Facilitating electronic financial services disclosures. It argued that ASIC facilitating electronic disclosure will assist in the process of providing "clear, concise and effective disclosure of information to consumers of financial ...

ANZ asks for US-style national adviser exam

LAURA MILLAN  |  THURSDAY, 11 DEC 2014
... Australia." The Series 7 exam covers areas such as assessing a customer's risk tolerance, suitability of products, disclosure and ethical standards.

Inquiry asks for greater simple bond red tape reduction

MARK SMITH  |  MONDAY, 8 DEC 2014
... issuing corporate bonds for the retail market should be reduced further by amending the simple bond legislation to make disclosure less complicated, the Inquiry into the financial system has said in its final report. In one of its 44 recommendations ...

Make financial firms more accountable for products: FSI

ALICE URIBE  |  SUNDAY, 7 DEC 2014
... responsibility for the design, targeting and distribution of financial products." The report said that mandated product disclosure was not sufficient to allow consumers to make informed financial decisions, with Murray placing the onus on financial firms ...

Rename general advice, disclose ownership: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
The name 'general advice' is misleading consumers and should be replaced with a term that helps reduce misinterpretation, the Financial System Inquiry (FSI) recommended. "The use of the word 'advice' may cause consumers to believe the information is ...