Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 255 results for "PDS"

Perpetual axes geared investment options

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... increase our cash allocation in the geared options above the maximum cash allocation set out in the investment guidelines in the PDS as we sell out of the underlying funds." Members will be automatically switched into other options with similar asset ...

ASIC cleans up 'cash plus' funds

KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
... 'cash' miscreants, ASIC started with surveillance of 350 funds with over $65 billion in total assets, initially looking at PDS and other public disclosure and then sending notices to 20 responsible entities to get further information on asset allocation ...

MS sufferer fights CommInsure definition

ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... diagnosis by an appropriate medical professional and a history of at least one episode. A definition from NobleOak (from a PDS branded Australian Unity) was particularly problematic to Giles. It requires MS to be diagnosed by two neurologists and for ...

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... leader Jane Eccleston wrote. Trustees choosing to opt-in must make a written record that includes the date of election and the PDS/product to which the election applies. Periodic and exit statements with reporting periods commencing on 1 July 2021 must ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... part of its responsible investment approach and will come into effect 1 October 2020. "The HESTA and HESTA Personal Super PDS was updated to reflect an exclusion that applies across our entire portfolio of investment in any company that provides services ...

Sydney Aussie equities manager trims fees

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... reduced our fee. We're aware of the current environment and are nimble, it only took three days to launch and amended PDS [product disclosure statement]. It's something we stand for at Contact, we co-invest with our clients, and we pride ourselves ...

Super fund for women adds fee

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... Previously, members could access a fee rebate if their balance was less than $5000. Those who signed up to the fund under the old PDS will still be able to do that, but those who join since the introduction of the new PDS will only be eligible for a ...

Hostplus bumps cash allocation up

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
... 8% to 5% and equities from 44% to 42% in the balanced option. At the start of the new financial year, Hostplus updated its PDS to reflect the new asset allocations. In its balanced option the asset allocation range for cash is now 0-15%; it was previously ...

New fund launches on ASX

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... capital and its principals are committed to very long-term investment alongside our investors in our own strategies." The funds PDS was lodged with ASIC mid-May this year and initial offers closed at the start of June. The fund aims to provide investors ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... hittps://tradettn.com without holding an Australian financial services licence (AFSL) and without providing the requisite PDS'. The Court found that One Tech Media deliberately misled and deceived Australian customers by making misleading statements ...