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Showing 51 - 60 of 148 results for "Product Disclosure Statements"

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
ASIC is reminding superannuation funds to update product disclosure statements to disclose exit fees will no longer be charged under the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... reductions in profits even if major platforms cut costs by 20% over the next five years. UBS reviewed 130 product disclosure statements and mapped fees across $660 billion of funds under management representing more than 95% of major or non-aligned platforms. ...

New wellbeing venture for BT

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
... resonate with clients and help them maintain a healthy lifestyle." BT also announced updates to product disclosure statements for Protection Plans. The Child Support Benefit expiry age date has been extended from 16 to 18. Meanwhile, the cancer definition ...

ASIC drags RG97 transition period

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... The superannuation industry has another year to comply with disclosing property operating costs in product disclosure statements to 30 September 2020. For periodic statements, the deadline has been extended to 29 June 2020 in which interim arrangements ...

Poor SoAs hindering advice process

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
... and should be referenced within other advice documents, such as the financial services guide and product disclosure statements," she said. "Due to the length, some advisers therefore create yet another document to explain the advice, in addition to the ...

InvestSMART to launch active ETF

ALEX BURKE  |  MONDAY, 7 MAY 2018
... an "Amazon-esque" experience to financial services. Instead of having wet signatures and 200-page product disclosure statements, "You can just buy our funds on the exchange through a broker account." "Magellan did this country an enormous favour, along ...

Fidelity to launch active ETFs

ALEX BURKE  |  THURSDAY, 26 APR 2018
... an "Amazon-esque" experience to financial services. Instead of having wet signatures and 200-page product disclosure statements, "You can just buy our funds on the exchange through a broker account." "Magellan did this country an enormous favour, along ...

Super funds on notice over disclosure deadline

DARREN SNYDER  |  MONDAY, 28 AUG 2017
... charges. Corporate regulator ASIC said the changes will help bring industry-wide consistency to product disclosure statements (PDSs), as well as better alignment between PDSs and periodic statements for members. "Consumers will be better able to understand ...

Super trustees on notice over fund disclosure

DARREN SNYDER  |  WEDNESDAY, 5 JUL 2017
... example: trustee directors' remuneration for the last two financial years, fund trust deeds and product disclosure statements, a summary of significant event notices sent to fund members in the last two years and a summary of how the trustee voted in ...

Disengaged members vulnerable in super

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
... the members smokes or not. ASIC also highlighted a number of key areas for improvement, including product disclosure statements, written reasons for decisions, product dashboards and other website content. "We now expect all trustees to review their ...