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Showing 201 - 210 of 217 results for "Consultation Paper 212"

ASIC reviews prospectus disclosure of CRAs

MICHELLE BALTAZAR  |  FRIDAY, 11 SEP 2009
ASIC has released a discussion paper that proposes strict conditions on how credit ratings should be reported in prospectuses in an attempt to enhance protection to retail investors. "ASIC is seeking public comment on whether to withdraw current class ...

ASIC charts margin lending requirements

MICHAEL HOBBS  |  TUESDAY, 14 JUL 2009
The regulator has released two proposals on the training conditions for financial advisers and requirements for firms dealing in margin lending products. The Australian Securities and Investments Commission (ASIC) released the Consultation Paper 108 ...

UK planners face new advice regime

MICHELLE BALTAZAR  |  FRIDAY, 26 JUN 2009
The UK's financial services regulator, the Financial Services Authority (FSA), has proposed sweeping reforms to help consumers get 'independent advice', including an end to commission-based investment advice by 2012. The consultation paper on Retail ...

FPA recommends fee-for-service advice

MICHELLE BALTAZAR  |  FRIDAY, 1 MAY 2009
In a day that marks a new chapter in the financial services sector, the Financial Planning Association (FPA) has recommended to the government that the standard remuneration model for advice should be fee-for-service, citing that the "commission-based ...

Planners comment on EDR scheme

RUTH LIEW  |  TUESDAY, 9 SEP 2008
Financial planners will play an active stance in commenting on ASIC's newest proposal to increase the compensation cap to $280,000 in an external dispute resolution scheme. The Australian Securities and Investments Commission (ASIC) yesterday released ...

Industry backs ASIC 'super snapshot'

MICHAEL HOBBS  |  TUESDAY, 29 JUL 2008
Super fund industry bodies welcomed the Australian Securities and Investments Commission's (ASIC) consultation paper, declaring it will boost super fund member engagement and improve retirement savings. The consultation paper 101 Superannuation forecasts ...

Foreign Exempt rules under review

RUTH LIEW  |  WEDNESDAY, 7 MAY 2008
Standard & Poor's Index Services (S&P) has teamed up with the Australian Securities Exchange (ASX) to seek market feedback on a proposal to make listed Foreign Exempt companies eligible for index inclusion. In a proposal outlined in the consultation ...

Dinosaur fund taxes should be scrapped: Bowen

RUTH LIEW  |  MONDAY, 25 FEB 2008
Australia's managed funds industry may soon undergo a major tax revamp as Assistant Treasurer Chris Bowen calls for the Board of Taxation to review taxation arrangements applying to the sector. Minister Bowen told an Investment and Financial Services ...

Investors better off without legacy

Three months after the government issued a consultation paper outlining ways to rationalise more than 6,000 legacy investment products, industry body Investment and Financial Services Association has submitted its own list of recommendations. Back in ...

Debenture devil in the detail

The high profile failures of debenture issuers such as Westpoint, Fincorp and Bridgecorp have prompted ASIC to release a consultation paper detailing tighter disclosure rules on debenture products. But is more disclosure enough to protect retail investors? ...