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Showing 51 - 60 of 286 results for "Product Disclosure Statement"

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
... in Lonsec FUM. In a business update, Hackett announced that Generation Life will be issuing a new product disclosure statement (PDS) in the second half of the financial year. The new PDS will offer additional product features to the company's investment ...

Regulator issues interim stop orders

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... by Vasco. Vasco Responsible Entity Services is prohibited from issuing interests in, providing a product disclosure statement, or providing general advice to retail clients about investing in the fund for 21 days. ASIC said it is concerned that certain ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
Vanguard Investments has become the first investment manager to be fined by ASIC over greenwashing. Vanguard paid $39,960 to comply with three infringement notices related to product disclosure statements (PDS) for the Vanguard International Shares ...

North adds new managed portfolio capability

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
North has launched its new managed portfolio offering, Buy, Badge, Build, for advisers and their clients. Buy, Badge, Build will allow advice practices to choose from North's menu and customise their own branded managed portfolios. North explained ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's product disclosure statement provided to members since July 2017. Equity Trustees said the indirect cost ratio disclosed were incorrect and too low. The ...

Property trusts hit with stop orders

CHLOE WALKER  |  TUESDAY, 22 NOV 2022
... (TMDs). The interim stop orders, implemented by ASIC, prohibit MPG from issuing interests in, giving a product disclosure statement for, or providing general advice to retail clients recommending investments in two of its trusts. The MPG Bulky Goods ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
A range of tax and superannuation changes that were announced by the previous government but never legislated have been scrapped by the Labor government. To provide certainty to industry and those that would have been impacted by the measures, the government ...

Westlawn Financial Services cops stop orders

CHLOE WALKER  |  MONDAY, 24 OCT 2022
... (TMDs). The interim stop order will restrict the Grafton-based firm from issuing interests in, giving a product disclosure statement for or providing general advice to retail clients recommending investments in the fund for 21 days, unless revoked earlier. ...

ASIC issues stop orders on Holon funds

CASSANDRA BALDINI  |  MONDAY, 17 OCT 2022
... distributing them to retail investors, explaining the order bans Holon from issuing interests in, giving a product disclosure statement for, or providing general advice to retail clients recommending investments in the funds. The three funds under the ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... Income Fund (the Fund) to retail investors. It prevents APIL from issuing interests in, giving a product disclosure statement, or providing general advice to retail clients recommending investment in the Fund. The order is valid for 21 days unless revoked ...