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Showing 1601 - 1610 of 1912 results for "Disclosure"

Better FHSAs needed for buyers

RUTH LIEW  |  TUESDAY, 25 MAR 2008
... advocates the FHSA but warns the structure of the account would be central to take-up by consumers. "Straightforward disclosure of fees will be critical and consumer testing - to ensure first home buyers understand any fees and charges - should be a ...

ASIC zones in on accountants pushing SMSFs

MICHAEL HOBBS  |  FRIDAY, 14 MAR 2008
... would roll out the First Home Saver Accounts by July this year and would develop a four-page superannuation product disclosure statement (PDS) by the end of 2009. "We aim to shorten the PDS by using incorporation by reference and web pages where investors ...

Listed cos fail compliance test

MICHAEL HOBBS  |  MONDAY, 10 MAR 2008
... 'results-release' went up 15 to 23 per cent in three years. In addition, the report found 48 directors had made trades without a disclosure or announcement. "It defies logic that a company director should actively trade shares between books-close and ...

FHSA tops govt agenda

MICHAEL HOBBS  |  MONDAY, 3 MAR 2008
The federal government's Working Group has tabled its first session to discuss the development of a short form disclosure document for the First Home Saver Account. "By focusing its initial work on the First Home Saver Account, we are taking steps to ...

ASIC closes Risqy Forex scheme

RUTH LIEW  |  MONDAY, 3 MAR 2008
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Supreme Court of Queensland in Brisbane to close an illegal managed investment scheme involving $14.5 million being operated by unregistered New Zealand-based Risqy ...

Super funds want more

... reducing tax on contributions. Respondents also want to see the Government ease compliance burdens on funds, simplify disclosure requirements and create a single 'super-regulator' to take over various functions from ASIC, APRA and the ATO. Those who ...

TFNs available online: ING

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
... also to pass on TFNs. In September last year, Employer Super, underwent significant modifications to reduce product disclosure statements, extend income protection cover and cap fees.

Disclose fees or pay $300,000 fine

... received by the adviser whether from the client or another source, and includes "soft" commissions and indirect benefits. Disclosure is mandatory and must be made regardless of whether the client asks for it. The NZ Securities Commission will enforce ...

Allco defends move

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
... release, AFG continued to negotiate with the syndicate banks after the Review Event had occurred. AFG argued the premature disclosure of the firm's negotiations with lenders would have been unreasonably prejudicial to the outcome of those negotiations. ...

Fed Govt creates financial services task force

MICHAEL HOBBS  |  WEDNESDAY, 6 FEB 2008
... government officials to form the Financial Services Working Group, aimed at dealing with financial services advice and disclosure issues. The Financial Services Working Group includes senior officers from Treasury, the Australian Securities and Investments ...