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Showing 1371 - 1380 of 1911 results for "Disclosure"

ASIC surveillance sharpens focus on AFS licensees

MATT WOODINGTON  |  TUESDAY, 13 SEP 2011
... organisations to monitor and what industry risks to prioritise," said Greg Medcraft, chairman, ASIC. ASIC said that disclosure alone will not always satisfy a licensee's obligations to manage conflicts of interest within their business models and this ...

ASIC tightens advice advertising

ELISE BURGESS  |  TUESDAY, 30 AUG 2011
... ASIC chairman, told media this morning that the industry needed to recognise consumers don't make decisions based on disclosure. "They will often make those decisions wholly-based on advertising so it is important to make sure advertising is fair and ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... their client through phone, email or face-to-face. The estimate also included set-up costs and was flexible around the disclosure and renewal notices advisers must use. The opt-in will apply to new clients from July 1 2012 and any adviser found not to ...

Advance embarks on multi-blend approach

ELISE BURGESS  |  TUESDAY, 23 AUG 2011
... managers, TT International and Wellington, will co-manage the fund. In line with new regulatory requirements, the Product Disclosure Statements (PDS) for the all Advance funds are limited to eight pages of standardise disclosure documentation with the ...

Super funds need modern platforms to disclose holdings

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... to. In March a global Morningstar investigation of managed funds found Australia ranked among the worlds worst for disclosure as the law does not force them to publish portfolio holdings - considered a very basic disclosure requirement by international ...

Super funds want a cost-benefit analysis on disclosure

ALISON BEVEGE  |  MONDAY, 15 AUG 2011
... Australian Securities and Investments Commission (ASIC) wants the superannuation industry to develop standards for portfolio disclosure so super fund members can see what securities and debt instruments their fund has bought and sold. If the industry ...

ASIC warns CFD providers on margin calls, disclosure

ALISON BEVEGE  |  FRIDAY, 12 AUG 2011
... Securities and Investments Commission warned that contracts-for-difference were high-risk products as it released new disclosure benchmarks for providers today. Greg Medcraft, ASIC chairman, told a press conference in Sydney that there was an issue with ...

SMSFs could use email for SuperStream

ALISON BEVEGE  |  THURSDAY, 11 AUG 2011
... just sell it through a website. Smith said the adviser wouldn't have to worry about a statement of advice or product disclosure statement, they could just put up a few websites and show them to the client. The question drew a lot of support from attendees ...

Investment manager goes mobile

LOREN RUGEBREGT  |  THURSDAY, 11 AUG 2011
... allow clients to check daily unit prices, subscribe and watch videos on monthly performance reports and order a product disclosure statement. "It was important to us that core customers can get in and out with what they came looking for without being ...

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
... products and it is important the law takes into account their unique characteristics," said Shorten. Additionally, better disclosure of the financial consequences of reverse mortgages and higher default requirements. If the changes pass, lenders will ...