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Showing 411 - 420 of 1908 results for "Disclosure"

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... in unison, saying she welcomed the release of the first Choice heatmap, and supports the increased transparency and disclosure that the heatmaps provide. "However, it is disturbing to see the levels of underperformance in the retail superannuation sector," ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... topics for the industry are on the table for review - including life commissions, annual renewal, safe harbour and disclosure requirements including Statements of Advice.

New role for Cbus' Robbie Campo

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
... funds internationally, there is a recognition that it's an invaluable framework for providing that more rigorous disclosure of the way in which value is created," Campo explained. "One of the things integrated reporting encourages is an entirely ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... 12 months while 5% of products' fees dropped more than once. Recent analysis of 463 superannuation fund product disclosure statements by Rainmaker Information found 48% of products decreased their fees since October 2020. The analysis also shows ...

Financial Advice Hub goes live

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
... concepts. Separately, ASIC published a list of public companies that received a JobKeeper payment. Under new JobKeeper disclosure requirements, all listed firms that received such a payment must report the total amount and number of employees the benefit ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
superannuation members. Avanteos pleaded guilty to 18 criminal charges relating to failures to update defective disclosure statements and continuing to charge fees to deceased super fund members. At the time of the offending, Avanteos was a subsidiary ...

ASIC sets out limited advice expectations

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... said. INFO 267 and the sample SOA summarises Regulatory Guide 175 Licensing: Financial product advisers-Conduct and disclosure (RG 175) and Regulatory Guide 244: Giving information, general advice and scaled advice (RG 244). The difference is that INFO ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... charging superannuation members insurance premiums that included a commission despite them being banned; inadequate fee disclosure across its now defunct advice licensees; continuing to charge fees on deregistered company accounts; and selling on credit ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... charging superannuation members insurance premiums that included a commission despite them being banned; inadequate fee disclosure across its now defunct advice licensees; continuing to charge fees on deregistered company accounts; and selling on credit ...

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... outlines how institutions must identify and monitor risk, covering governance, risk management, scenario analysis and disclosure. Banks, insurers and superannuation funds are encouraged to begin using the guidance immediately, APRA said. Following consultation ...