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Showing 1491 - 1500 of 6078 results for "Commission"

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
ASIC has updated its guidance to superannuation funds and issuers of managed investment products on fees and cost disclosure, with a suite of new requirements set to apply from late-2020. The corporate regulator released an updated version of Regulatory ...

Don't over-interpret OECD super fee figures

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
Rainmaker's research head is calling for the superannuation industry to avoid over-interpreting OECD figures indicating Australia's retirement saving system is cheap, as debate breaks out. Alex Dunnin, Rainmaker executive director of research and compliance ...

Regulators quash remuneration rumours

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
... priorities it is working on, including confirming: "We are working hard to make sure all the investigations that the Royal Commission initiated are up and running by the end of the year." "As an industry we need to move on, as a regulator we need to ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
AFS licensees are consistently failing to provide correct information about advice fees to clients and are potentially still charging fees long after ongoing fee arrangements have been terminated, ASIC has found. The report, Compliance with fee disclosure ...

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... of engagement with the system. "We continue to urge the government to enact the recommendations of the Productivity Commission and Royal Commission and implement a default once system for superannuation so that all Australians can take their super fund ...

ASIC probes Regal Funds Management

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
... manager, Regal Funds Management Pty Ltd, that it is under investigation by the Australian Securities and Investments Commission for an undisclosed issue," EQT said in a statement to the ASX. EQT said it expected the trading halt to be lifted once further ...

ASIC outlines Code of Ethics expectations

ELIZA BAVIN  |  TUESDAY, 26 NOV 2019
The Australian Securities and Investment Commission has outlined what it expects of advice licensees in regards to enforcing the Code of Ethics, saying it will not monitor or enforce individual advisers' compliance. The regulator said under the Corporations ...

APRA floats insurance in super change

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... under those arrangements," the letter states. "They also address concerns highlighted by cases considered by the Royal Commission where members were adversely impacted by being inappropriately attributed with a particular employment status under insurance ...

Dover, McMaster found guilty

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... and deceptive conduct in relation to the Dover Client Protection Policy which formed the core of McMaster's Royal Commission testimony last year. The judge deemed the policy to be misleading or deceptive or likely to mislead or deceive in the context ...

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... planning and tax." She said the group of her constituents have expressed concern over the recommendation from the Royal Commission that grandfathered remuneration be brought to an end. Steggall explained the group requested: "Any policy or recommendation ...