Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1311 - 1320 of 1911 results for "Disclosure"

Scope for super participation in TPD education

MELANIE TIMBRELL  |  FRIDAY, 29 JUN 2012
... industry to do a bit more," said Tutungi. "The industry welcomes the survey report and anticipates the new shorter disclosure regime will enable greater engagement by superannuation fund members," said Pauline Vamos, chief executive of ASFA. "I would ...

Coalition releases super manifesto

ALEX DUNNIN  |  WEDNESDAY, 20 JUN 2012
... superannuation system possible", he added. With Australia's superannuation system viewed around the world as having good product disclosure but poor entity level disclosure, the Opposition's policy direction will put pressure on all sections of the i ...

ASIC issues short PDS guidance

BEN COLLINS  |  TUESDAY, 19 JUN 2012
... issuers of superannuation products and simple managed investment schemes about how to comply with the shorter product disclosure statement regime. The shorter Products Disclosure Statement (PDS) regime commences fully on 22 June 2012 and is designed ...

UK advisers should shift to planning

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
... should be introduced on recurring advice fees and all legacy trail commissions should be stopped (failing that, strict disclosure requirements should be introduced)." A leap of faith is required by the industry, because while profits may diminish in ...

EOFY: Review of super contributions essential

LINDA HAUSKEN  |  TUESDAY, 12 JUN 2012
... reduce their concessionally super contributions to avoid being hit with severe tax penalties next year. Rantall said disclosure of contributions made into super is very important and many consumers don't realise the consequences of breaching the respective ...

FSS responds to Privacy Commissioner's Report

RACHEL DAVIS  |  FRIDAY, 8 JUN 2012
... Privacy Commissioner's report. While the Privacy Commissioner concluded that the incident did not amount to an improper disclosure of customer information by First State Super, the report found that FSS had breached a national privacy principle by failing ...

Wealthy clients need consumer protections too: FPSB

ALEX DUNNIN  |  WEDNESDAY, 6 JUN 2012
Regulators should be wary of simplistic distinctions between retail and wholesale clients, warns the global interest group the Financial Planning Standards Board. The Financial Planning Standards Board (FPSB) is the owner of the Certified Financial ...

Shareholder backlash hits Macquarie MGU

MELANIE TIMBRELL  |  TUESDAY, 5 JUN 2012
... funds." "We strongly believe the recent small narrowing of the discount is likely due to Western Investment's public disclosure of its investment in the Fund," the statement said. The funds comparison, according to Western's SEC filing is based on Wall ...

Coalition clears up FOFA questions

MELANIE TIMBRELL  |  MONDAY, 28 MAY 2012
... costs for both consumers and small business financial advisers. "We will seek to simplify and streamline annual fee disclosure requirements, which will of course continue to get messier and messier with every iteration of new documentation that comes ...

FOFA disadvantages early move on fee-for-service

MELANIE TIMBRELL  |  FRIDAY, 25 MAY 2012
... Australia (FPA) said that while his organisation is seeking clarification, because product fees are excluded from a fee disclosure statement, trail commissions embedded in product fees would therefore be exempt, creating a disincentive to move early ...