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Showing 21 - 30 of 291 results for "PDS"

ASIC shrinks IPO timetable to boost listings

MATTHEW WAI  |  TUESDAY, 10 JUN 2025
... million upon listing and no ASX imposed escrow, ASIC confirmed. They must also provide a pathfinder prospectus or pathfinder PDS at least 14 days prior to formal lodgement for review, which ASIC will aim to complete within the period. ASIC will then ...

MSCI, Moody's launch private credit risk tool

KARREN VERGARA  |  TUESDAY, 22 APR 2025
... underlying companies. The solution will also produce early warning signals that flag potential credit deterioration, macro-adjusted PDs incorporating both climate and economic factors, and loss given defaults at the facility level. "As the private credit ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... while $2 million was apportioned to misrepresentations in its SRI Policy Statement. About $1.5 million respectively relate to PDS fact sheets published in 2021 and 2022. Active Super and Vision Super merged on March 1, now home to 165,000 members. ASIC ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
The SMA Reporting Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA ...

HNW advisers flock to private markets

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... investment, with high-net-worth individuals increasingly embracing evergreen structures. "These innovative funds, accessible via PDS and on wrap platforms, offer a perpetual investment horizon that aligns with long-term goals and provides efficient access ...

NEOS updates medical definitions, labels

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... date. This means that at time of claim, we'll assess your client's claim against the definition in their original PDS and the new PDS and use the more favourable assessment for their claim," NEOS told customers. "These updated definitions will ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... returns over the medium to long term by identifying high quality Australian companies with strong future growth prospects," the PDS shows. This is via a high-conviction approach, holding typically between 25 and 40 stocks. It can invest up to 100% of ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
The Federal Court has ruled in ASIC's favour, finding that a 'pre-existing condition' term in certain HCF Life policies was liable to mislead the public. The term was used in three contracts issued under HCF Life's 'Recover' range of products. ASIC ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... correct figure at the time of the review was $51,630, the research said. Several funds also used fees that didn't match their PDS. Diversa offered a generic calculator for all the funds for which they are the trustee, while BT and Colonial First State ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... a penalty hearing was held in August at which ASIC pushed for Vanguard to be penalised $21.6 million - $18 million for the PDS issues, $2 million each for the press release and website claims, and $1 million each for the YouTube video and Finance News ...