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Showing 91 - 100 of 145 results for "Product Disclosure Statements"

Infocus planner banned by ASIC

ASIC RELEASE  |  WEDNESDAY, 27 OCT 2010
... provide clients with documents required under the Corporations Act, such as statements of advice and product disclosure statements. Among other indiscretions, ASIC found that Radovan overexposed client portfolios to higher risk products in breach of ...

Structured prod issuers must disclose risks: ASIC

MICHAEL HOBBS  |  FRIDAY, 23 JUL 2010
... follows a program the regulator launched in January last year. The review researched more than 60 product disclosure statements (PDS) to see how effectively the documents explained the inherent risks in the products. ASIC's review is especially pertinent ...

CFD health check prompts more oversight

MICHAEL HOBBS  |  TUESDAY, 13 JUL 2010
... risks in trading the products. The research looked at CFD issuer pricing models, issuer advertising, product disclosure statements and complaints by retail investors. CFDs allow investors to bet on future changes in the market price of a share or commodity ...

Debt disclosure to revive agribusiness

MICHELLE BALTAZAR  |  FRIDAY, 9 APR 2010
... scheme operator. To be clear, the regulator said the disclosure benchmarks won't be mandatory but product disclosure statements (PDSs) and ongoing disclosure must address the benchmarks on an 'if not, why not' basis. Marcus Elgin, the executive chairman ...

BlackRock SMA tops $500m

COMPANY RELEASE  |  WEDNESDAY, 7 APR 2010
... Customised Portfolio Service has reached $500 million in FUA and launched 84 investment models across 34 product disclosure statements in under five years in operation. Scott Phillips, BlackRock's director and head of retail at BlackRock said the separately ...

AMP planners back fee for service APL

MICHAEL HOBBS  |  TUESDAY, 9 FEB 2010
... also said the financial planning division continues to work closely with fund managers on their product disclosure statements (PDS) to ensure the network can deliver a fee-based service to clients. "They've got some changes to do and if they're going ...

AIOFP elects new board for PCM

MICHELLE BALTAZAR  |  TUESDAY, 13 OCT 2009
... of the tender will be announced in December, after which the new board will be preparing the new product disclosure statements (PDS). Asgard currently provides services on $600 million of funds for PCM but is understood to have to go through the bidding ...

Russell overhauls diversified funds

MICHAEL HOBBS  |  TUESDAY, 30 JUN 2009
... interest has broadened from 20-30 per cent to 18-38 per cent. The changes are detailed in the firm's product disclosure statements which were issued this month. Pease said strategic tilting is different from tactical asset allocation because one of the ...

Aon raises member fees

RUTH LIEW  |  FRIDAY, 19 JUN 2009
... until the expiry date of the fee guarantee. Details of all fees will be set out in the 1 July 2009 product disclosure statements. Aon similarly raised its member fee around the same time last year. The fees were raised from $60 to the current $63.

Insurance needs more disclosure

MICHAEL HOBBS  |  FRIDAY, 5 JUN 2009
... moving faster towards simplified disclosure, with fees and commissions displayed prominently in Product Disclosure Statements (PDS). Financial Standard asked some of the country's leading insurers how they would respond if, hypothetically, the financial ...