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Showing 1281 - 1290 of 1911 results for "Disclosure"

Investment managers pocket $6.2 billion in super fees

BEN COLLINS  |  WEDNESDAY, 24 OCT 2012
... Dunnin, director of research at Rainmaker Information. Dunnin was referring to a recent industry push for remuneration disclosure. "The lion's share of super fund fee revenue is paid for distribution and investment management. "If Australians want to ...

Standard Risk Measure misleading

BEN COLLINS  |  TUESDAY, 23 OCT 2012
... supporter of the risk measure initiative. The Standard Risk Measure (SRM) was adopted for all new super fund product disclosure statements issued after June 2012. It requires super funds to state the likely number of negative annual returns a fund will ...

Future Fund 'under-resourced' on climate risks

MARK STORY  |  FRIDAY, 19 OCT 2012
... providing stakeholders with clarity about its strategies to protect its portfolio. In a letter to the Asset Owners Disclosure Project, the $75 billion fund claimed it suffered "resource constraints." Asset Owners Disclosure Project (AODP) Chair Dr John ...

ASIC supports updates to disclosure rules

MARK SMITH  |  THURSDAY, 18 OCT 2012
The Australian Securities & Investments Commission (ASIC) has welcomed the ASX's updated continuous disclosure rules and guidance, which had been the centre of much confusion in recent months. The update follows failed legal action against Fortescue ...

IOSCO recommends reforms to the $4.7tr MMF sector

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
... regulators particularly regarding their valuation and liquidity management. MMFs should also have to follow established disclosure and transparency principles and have to conduct periodic stress testing. The report also recommended that the implementation ...

Advisers struggle to add value

LINDA HAUSKEN  |  FRIDAY, 5 OCT 2012
Under the Future of Financial Advice opt-in and fee disclosure reforms, many advisers may struggle to offer a strong value proposition to their clients, according to an industry expert. Leith Thomas, director of the Bailey Roberts Group said generally ...

Controversial short-sell ban inconclusive

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
... have been volatile, with widening spreads and steep falls in market prices regardless. The regulator said that the new disclosure regime for covered short sales and the permanent ban on naked shorts may limit the need for a total ban in future times ...

New hedge fund rules for post-GFC environment

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
ASIC's new guidance on hedge funds will force managers to greater disclosure on where money is invested, how assets are valued, the fund's structure and the risks involved to better protect investors following recent high-profile cases of fraud. Addressing ...

ISN calls for fast trading moratorium

BEN COLLINS  |  MONDAY, 17 SEP 2012
High frequency trading has the ability to impact long term investors such as superannuation funds and there should be a moratorium in the Australian financial markets on using the systems, said Industry Super Network (ISN). ISN's suggestion is part ...

Cbus takes lead on trustee disclosure

BEN COLLINS  |  MONDAY, 17 SEP 2012
... of all sizes across the industry super sector. Australia's largest super fund AustralianSuper plans to increase its disclosure in its upcoming annual report, but was unable to comment on the specific changes. Health Industry Plan (HIP), with $630 million ...