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Showing 131 - 140 of 145 results for "Product Disclosure Statements"

Wake up call for looming dollar disclosure requirements

Product disclosure statements (PDS), statements of advice and periodic statements released after 1 January 2005 need to ensure they comply with incoming provisions. Ebsworth & Ebworth's recent law bulletin has outlined the importance of preparing for ...

FPA issues member notice and calls for submissions

... code of conduct which takes effect from 1 January 2005. Under the requirements of the FPA code, all product disclosure statements (PDSs), financial services guarantees (FSGs) and statements of advice (SoAs) must contain disclosure of all alternative ...

ASIC to release paper on dollar disclosure rules

AAP  |  MONDAY, 28 JUN 2004
... various fees, benefits, costs and interests from the start of next year in client statements and product disclosure statements. The regulations, which hinge on disclosing these amounts in dollar figures, allow companies to keep fees undisclosed if it ...

Mixed response to Govt's preferred fee disclosure model

... included the mandating of the Australian Securities and Investments Commission (ASIC) template in product disclosure statements (PDS) and mandating the extension of the ASIC fee template to periodic statements to investors as well as new single figure ...

SunSuper joins disclosure regime

... into the new disclosure requirements required under the Financial Services Reform Act, and provided product disclosure statements (PDS) for each of its product offerings. SunSuper Corporate's PDS included a section that can be customised on a per client ...

ASFA research reveals poor consumer understanding

... report. Research commissioned by the industry body revealed that a group of 24 consumers was sent two Product Disclosure Statements, which focused on two fees tables developed by the Australian Securities and Investments Commission. While the tables ...

ASIC releases SRI guidelines to facilitate product disclosure

... inclusion of information relating to labour standards, and environmental and ethical factors in the product disclosure statements (PDSs) of investment products. The guidelines have been developed as a result of recent Corporations Act reforms, which ...

Consumers find ASIC fee model confusing: ASFA

... was provided. However ASFA said that confusion still prevailed in reading and understanding the product disclosure statements using the ASIC fee disclosure model. Virtually all respondents were out of their depth in calculating total fees, or even the ...

Senate Super Committee calls for rewrite of government portability regulations

... efficiency and consumer protection. The committee had further recommended that further refinement of product disclosure statements (fees, charges and commissions) and limiting future exit fees to the reasonable administrative costs and redemption costs ...

ASIC issues draft SRI guidelines

... of information relating to labour standards and environmental, social and ethical factors in the product disclosure statements (PDSs) of investment products. ASIC said that recent reforms to the Corporations Act mean that investment products are now ...