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Showing 1061 - 1070 of 1911 results for "Disclosure"

AMP, Vanguard and ASIC join forces to simplify disclosure

LAURA MILLAN  |  FRIDAY, 28 NOV 2014
... 'key facts' sheet and a self-assessment tool to guide investor understanding. "More work needs to be done on short disclosure," ASIC chairman Greg Medcraft said. "Investors tend to turn off when faced with wordy disclosure documents. If they need more ...

AIST lobbies govt to keep LISC payment disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 26 NOV 2014
The Australian Institute of Superannuation Trustees (AIST) is calling on the government to maintain separate disclosure of low income superannuation contribution (LISC) payments on superannuation statements. While the government has moved to abolish ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
... advisers must regularly ask their clients to re-sign their contracts. Advisers are also no longer exempt from sending fee disclosure statements to clients who joined them before July 2013. Grandfathering provisions are also scrapped. The other major ...

Cbus executive denies perjury allegation

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
... alleged leak of member data, saying: "If Mr Atkin did not have direct knowledge of or involvement in the Butera/Zanatta disclosure, his blindness to the likelihood of the source of the information after the fact seems either wilful or remarkably imperceptive. ...

Advisers confirm SMSF appetite for LICs

STAFF WRITER  |  MONDAY, 17 NOV 2014
Self-managed super fund (SMSF) investors are showing an appetite for listed investment companies (LICs) according to a new adviser survey. A survey of 30 advisers who attended a recent Perpetual roadshow, revealed that that 57% believe the growth of ...

ASIC intervenes non-compliant Aurora listed funds

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
... of its listed investment schemes. ASIC is concerned that Aurora did not comply with multiple 'substantial holdings' disclosure obligations and, in 2013, it breached the 20% prohibition in respect of one of its listed funds. Aurora was subject to disclosure ...

ASFA launches blueprint for post-retirement system

JAMES FERNYHOUGH  |  THURSDAY, 13 NOV 2014
... Framework for a Better System, the paper argues for an opt-out MyPension product for default members, as well as compulsory disclosure income stream projections. ASFA chief executive Pauline Vamos said: "We know that the ageing population is going to ...

Sophisticated investor register launched

MARK SMITH  |  THURSDAY, 6 NOV 2014
... pre-IPO offers, private placements, property syndicates and structured investment products, but they lose retail investor disclosure protections. Investor certificates form the heart of sophisticated investor compliance. To become a sophisticated investor ...

Astarra director banned, loses AAT appeal

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... to mislead investors. Liu was involved in issuing incorrect statements in the Astarra Strategic Fund (ASF) Product Disclosure Statement. He also received more than $388,041 in payments outside his salary as a reward for his involvement in the investment ...

Energy Super CEO explains disclosure decision

JAMES FERNYHOUGH  |  TUESDAY, 28 OCT 2014
... who want to know what their money is doing, according to the fund's chief executive Robyn Petrou. Since launching the disclosure tool last week, Petrou said 1400 people have used it. While most superannuation funds have fought (successfully) to delay ...