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Showing 161 - 170 of 286 results for "Product Disclosure Statement"

CCH to handle First Super compliance admin

MARK SMITH  |  WEDNESDAY, 21 NOV 2012
... data source for each fund and the industry as a whole," said First Super CEO Graeme Russell. "Every product disclosure statement advertisement and report will have to utilise data from the APRA reports. That means the reports have to be 100% accurate ...

Standard Risk Measure misleading

BEN COLLINS  |  TUESDAY, 23 OCT 2012
Investors may have already been misled by the Standard Risk Measure adopted by superannuation funds, said research house Van Eyk. Anomalies are caused by funds being able to choose how they calculate the risk of a product, said Van Eyk's head of strategic ...

New hedge fund rules for post-GFC environment

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
ASIC's new guidance on hedge funds will force managers to greater disclosure on where money is invested, how assets are valued, the fund's structure and the risks involved to better protect investors following recent high-profile cases of fraud. Addressing ...

J.P. Morgan launches risk measure tool

BEN COLLINS  |  THURSDAY, 30 AUG 2012
J.P. Morgan Worldwide Securities Services (WSS) has launched a risk analysis product designed for Australian superannuation funds working to comply with guidance on the disclosure of investment risk, in the new Shorter Product Disclosure Statements. ...

FSC, ASFA endorse APRA's risk measure stance

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
The Financial Services Council and the Association of Superannuation Funds of Australia have restated their support for the implementation of the standard risk measure (SRM) in shortened product disclosure statements. The support is in contrast to strong ...

ACSA lends weight to ASIC tech focus

MELANIE TIMBRELL  |  THURSDAY, 2 AUG 2012
Custody and asset administration body ACSA has said that while it supports the regulator's focus on technology, it is engaging with ASIC around expectations concerning some aspects of custodian behaviour. The Australian Custodial Services Association ...

ASIC issues short PDS guidance

BEN COLLINS  |  TUESDAY, 19 JUN 2012
... 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 to make PDSs ...

Sunsuper simplifies transition to retirement

ELISE BURGESS  |  MONDAY, 2 APR 2012
... allow members to move seamlessly from the savings to retirement phase only ever having to read one product disclosure statement and complete one application form," said Tony Lally, Sunsuper chief executive. "The way it works is that all members have ...

AAT confirms ASIC planner ban

ELISE BURGESS  |  FRIDAY, 16 MAR 2012
The Administrative Appeals Tribunal has agreed with ASIC's decision to ban former Commonwealth Financial Planner Don Nguyen from providing financial services for seven years. Nguyen of Dulwich Hill, New South Wales, was disqualified by the Australian ...

ASIC releases hedge funds guidance

ELISE BURGESS  |  THURSDAY, 23 FEB 2012
... Consultation (CP 174) outlines the risks and features of hedge funds that need to be highlighted in a Product Disclosure Statement (PDS) for these products to allow investors to make informed investment decisions. "Our proposed disclosure guidance has ...