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Showing 31 - 40 of 61 results for "Class Order"

ASIC extends short PDS relief

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
The Australian Securities and Investments Commission (ASIC) has extended interim class order relief from the shorter product disclosure statement (PDS) regime for multi-funds, superannuation platforms and hedge funds. A class order has extended the ...

ASX managed funds services gets ASIC nod

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
... go through the lengthy product disclosure statement 'wet signature' procedures previously demanded. ASIC issued the class order granting ASX relief from this process following a lengthy consultation process, during which the regulator received 22 submissions. ...

Hedge fund maestro Hintze voices concern over regulation

MARK SMITH  |  THURSDAY, 12 SEP 2013
... you can't lose." ASIC commissioner Greg Tanzer said that it hoped to publish the changes to its original hedge fund class order for industry consideration in due course but in the meantime, insisted that the regulator was not against hedge funds, and ...

Trading platform bids to raise industry transparency standards

MARK SMITH  |  TUESDAY, 20 AUG 2013
... matched, providing total transparency of client money (TOCM). The move is a more stringent adaptation of the ASIC Class Order (CO 02/294) from 2008 for businesses offering Investor Directed Portfolio Services (IDPS). Saxo's Australian chief executive ...

Platforms to explain choice of investment products

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The Australian Securities and Investments Committee (ASIC) has updated its platform guidance to require platform operators to explain how they choose the products on offer to investors. The new requirements follow the last review of the sector, which ...

ASIC to accept submissions for 'hedge fund' definition

LAURA MILLAN  |  THURSDAY, 23 MAY 2013
... product disclosure statement (PDS) on or before 22 June 2012. Last December, ASIC extended to June 22, 2014, the interim class order relief from the shorter PDS regime for multi-funds, superannuation platforms and hedge funds. In June 2012 ASIC released ...

ASIC extends shorter PDS regime relief

STAFF JOURNALIST  |  FRIDAY, 7 DEC 2012
ASIC has extended interim class order relief from the shorter PDS regime for multi-funds, superannuation platforms and hedge funds. Originally due to expire on 22 June 2013, the Class Order [CO 12/1592] extends the relief in Class Order [CO 12/749] ...

Super trustee guidelines for retirement estimates

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
... Superannuation fund trustees providing retirement estimates, which ASIC said may include personal advice, have been granted class order relief, which is hoped will encourage people to engage more with their super and retirement planning. The regulator's ...

AvSuper unveils intra-fund advice service

RUTH LIEW  |  WEDNESDAY, 16 JUN 2010
... plans to roll out a full-fledged intra-fund advice service next month. AvSuper received authorisation under ASIC's class order intra-fund superannuation advice relief to trustees on 27 January. Michelle Griffiths, chief executive of the Canberra-based ...

More funds adopt intra-fund advice

RUTH LIEW  |  FRIDAY, 5 FEB 2010
... offer, or about to offer, the expanded advice service to their members. AvSuper received the authorisation under ASIC's class order Intra-fund superannuation advice relief to trustees on 27 January. What this means is that AvSuper will be able to advice ...