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Showing 91 - 100 of 291 results for "PDS"

Coronavirus is an investment opportunity: Fidelity

ALLY SELBY  |  FRIDAY, 13 MAR 2020
... his fund is currently holding "mid-to-high" single digit numbers in cash to safeguard against volatility. According to the PDS for Fidelity's Australian Equities Fund, Taylor can hold anywhere between 0-10% cash. "You never know if things are going ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... faced with the alternative of complete loss of income, often with a family to support and mortgage commitments to meet." The PDS for AIA Priority Protection says it's possible to save up to 20% on premiums by "making healthy lifestyle choices" with ...

Pendal cuts fees on equities fund

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
... months. In December, it dropped the fees on the Pendal Sustainable funds (balanced a conservative), as it looked to issue a PDS and raise money form retail investors. In the past, the two sustainable funds were available through an information memorandum ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... understanding of life savings and finances since the introduction of mandatory superannuation also have a role to play in how a PDS functions. The insights explained that prior to the Superannuation Guarantee in 1992, the life insurance industry dominated ...

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
A newly launched sub-plan of Aracon Super has officially launched, marketed to millennials with a PDS revealing relatively high fees, expensive insurance and big ambitions. Elevate Super launched today, after Financial Standard revealed its plans last ...

Faith-based super fund increases fees

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... leading to higher costs than other funds may incur." Equity Trustees, the trustee for Crescent Wealth Super, will issue a new PDS that will apply from 1 February 2020 and no other fees are expected to change. In the notice to members, the trustee recognised ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
The responsible entity for the Australian Corporate Bond Trust has placed itself into voluntary administration. Theta Asset Management has appointed Worrells Solvency and Forensic Accountants as administrators of itself and Value Stream Investment Management. ...

ASIC launches action against AFSL, director

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... Trust, failing to ensure that each of them was not defective," the regulator said. ASIC said the parties failed to ensure that PDS did not contain misleading or deceptive statements and omissions in respect to statements and information required to be ...

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
ASIC has updated its guidance to superannuation funds and issuers of managed investment products on fees and cost disclosure, with a suite of new requirements set to apply from late-2020. The corporate regulator released an updated version of Regulatory ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... requirement to offer the customer the option of having the information required to be included in the Product Disclosure Statement (PDS) for Simple Life read to them prior to the offer or issue to sell the product. In 14 of the 87 calls charged, CommInsure ...