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Showing 1101 - 1110 of 1910 results for "Disclosure"

Investors vulnerable as property schemes shirk risk disclosure

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... Australian Securities and Investments Commission (ASIC). ASIC commissioner Greg Tanzer said a review into the sector's disclosure was 'disappointing'. "The results are disappointing especially when, at a time in the rise of self-managed superannuation ...

ASX200 companies 'poor' on gender diversity disclosure

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
... non-disclosing." Perpetual and Westpac were the only two financial services companies who had 'excellent' gender diversity disclosure. "The majority of companies are still applying a largely minimal standard mindset to the reporting of their diversity ...

FSI recognises the "powerful force" of tech

LAURA MILLAN  |  WEDNESDAY, 23 JUL 2014
... innovation. The report admitted that technology changes are "difficult to predict," but noted that there is a need to "remove disclosure requirements that have proven ineffective and facilitate new ways of providing information to consumers, including ...

BT asks for full adviser disclosure to consumers

LAURA MILLAN  |  MONDAY, 21 JUL 2014
BT Financial Group chief executive Brad Cooper said raising adviser education standards is not enough and demanded that consumers be able to get full access to information about all Australia's financial planners. "Education is critical but assessed ...

Hedge funds risk collapse without middle office upgrades

MARK SMITH  |  WEDNESDAY, 16 JUL 2014
... beef up their middle office operations as result of increased institutional investor scrutiny of manager reporting and disclosure standards, according to global post-trade technology provider Omgeo. Hedge fund managers have historically focused their ...

Government succeeds in securing final FoFA changes

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
... bonuses and balanced scorecards are still permitted in general advice. From now on, advisers will not need to send Fee Disclosure Statements (FDS) to clients prior to July 1, 2013, and changes also resolve the issue of grandfathering. In addition to ...

Deal with government brings in consumer protection: Palmer

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... of their own. The measures also lined out that any fees are to be disclosed and that the adviser must provide a fee disclosure statement annually. Clients will have the right to change their instructions to the adviser if they experience a change in ...

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
... executive Mark Rantall said the result of the deal was a "sensible outcome". "The removal of the retrospective fee disclosure statement is very welcomed as that will save millions of dollars for the industry. The removal of the opt-in will remove millions ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... conclusions of the Wallis Inquiry. The Wallis Inquiry recommended a regulatory framework that relied heavily on mandatory disclosure. The assumption was that disclosure would be sufficient to safeguard consumer interests. The interim report questions ...

Global body calls for Asia Funds Passport rethink

MARK SMITH  |  MONDAY, 14 JUL 2014
... These include reducing operational challenges, such as the impact of different investment restrictions and investor disclosure requirements, as well as duplicative or conflicting delegation rules that unnecessarily restrict access to portfolio management ...