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Showing 481 - 490 of 1910 results for "disclosure"

Super fee squeeze continues

KANIKA SOOD  |  MONDAY, 7 JUN 2021
... superannuation products dropped their fees in the March quarter, according to Rainmaker Information's analysis of 475 product disclosure statements. Overall, 152 superannuation products updated their PDS's between January and March 2021. Of this, about ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
... unintended member detriment," Scheerlinck said. "This bill excludes more than one third of super savings from scrutiny and disclosure and does not prevent members from being stapled to funds that have not been tested or have failed the test."

Former adviser hit with three-year ban

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
... disclose costs in advice documents and the consequences of switching products. He did not provide clients with fee disclosure statements within the 60-day statutory timeframe and failed to provide compliant renewal notices in relation to ongoing fee ...

Platinum launches investment bond

KANIKA SOOD  |  TUESDAY, 1 JUN 2021
... Unity. It is offering two options: Platinum's International Fund or the Asia Fund, according to the March 19 product disclosure statement. Lifeplan Australian Friendly Society will act as the issuer of the investment bond structure. The minimum investment ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... has acted on Recommendation 29 by introducing legislation to implement permanent changes to Australia's continuous disclosure rules and will consult on the remaining recommendations. Frydenberg and attorney general Michaelia Cash will focus on Recommendation ...

Potential small carve out for annual renewal law

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... imminent annual renewal law, by not taking regulatory action against financial advisers who fail to provide a financial disclosure statement. The Association of Financial Advisers (AFA) has identified practicality issues with the new legislation set ...

ASIC bans Theta managing director

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... dads. Between 20 May 2016 and 1 May 2018, Marie raised $16,710,669 from retail investors from five defective product disclosure statements for the trust that breached the Corporations Act. The documents were found to be misleading and deceptive, and ...

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... purpose vehicle trusts. On top of that, ASIC claims PE Capital made misleading and deceptive statements in product disclosure statements. ASIC wants the Federal Court to wind up PE Capital and its unregistered schemes and obtain declarations that the ...

What instos want from managers

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
The latest Morrow Sodali institutional investor survey has revealed what some of the largest institutional investors in the world want from fund managers and companies. The survey asked 40 institutional investors, representing US $29 trillion in assets ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... centres will receive extra attention through the imposition of higher performance and client satisfaction targets. Disclosure standards of performance of providers against Aged Care Quality Standards will also be enhanced. These reforms are expected ...