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Showing 161 - 170 of 1905 results for "disclosure"

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... in connection with the Regal proposal. In due course, the Platinum board will update investors under its continuous disclosure obligations," it said. Regal said it has been working constructively with Platinum to "firm up the merits" of the combination. ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... investment offers in Shield Master Fund, and the corporate watchdog simultaneously made interim stop orders on four product disclosure statements for the fund. It later applied to have its assets frozen. The investigation is ongoing. "ASIC is concurrently ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
The government has passed legislation that will put in place new powers for regulators to protect financial market infrastructure in the event of a crisis. Treasurer Jim Chalmers said the new laws will provide regulators with more powers to manage financial ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... likely amount as they are still subject to proceedings with AFCA and potential recourse from the advisers, and the disclosure of such amounts is likely to prejudice those proceedings". ASIC officially cancelled Libertas' AFSL on August 14. "Where ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... members that there is a difference between what the fund earns and what the member actually receives. "A fine print disclosure hidden in the middle of a statement is not sufficient," he said. "Communicating a personal rate of return will inform the member ...

UK regulators propose framework for workplace pension schemes

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... their retirement," Delfas said. In addition to the new framework for value for money, the proposals include heightened disclosure on the types of assets schemes are investing in, as well as measures to increase transparency on geographic asset allocation. ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... performance test on the asset managers of the investment option against a benchmark potentially different to the PDS disclosure and a product's Target Market Determination without assessing the trustee. FSC chief executive Blake Briggs said the current ...

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
... group's assets, nor a sale of the listed group. The group will keep the market updated in accordance with its continuous disclosure obligations under ASX Listing Rule and otherwise does not intend to comment on such matters," Eildon told the ASX ...

Eildon confirms talks with Trilogy

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... group's assets, nor a sale of the listed group. The group will keep the market updated in accordance with its continuous disclosure obligations under ASX Listing Rule and otherwise does not intend to comment on such matters." Spending two years as ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... financial asset to fund retirement lifestyles. "Of course, it is important that any home equity release schemes have clear disclosure and consumer protection, so people understand what they are getting into." More than 80% of Australians aged 65 to 74 ...