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Showing 691 - 700 of 1910 results for "Disclosure"

Super calculators to align with MoneySmart

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... rate - as set by MoneySmart - or an alternative interest rate from December 5, as long as they meet the regulator's disclosure requirements. ASIC said the rate of inflation used by MoneySmart includes a component reflecting any change to the cost of ...

Advisers wary of unlisted assets: Sunsuper

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
... assets." On the point of transparency in unlisted assets, Weaver pointed out: "Returns did not change as a result of RG97 disclosure guidelines." He explained that unlisted assets always require an active investing approach. The fund's team was then ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... sharp 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 ...

Super fund proxy voting behaviour revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 MAY 2019
... lack of support for climate-related proposals is somewhat surprising. He said: "Most of these proposals relate to the disclosure of climate risk and setting targets for reducing emissions. Funds are running out of valid excuses for not supporting proposals ...

Blue Sky adds executive

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
... restructure. Earlier this month, ASIC dropped an investigation into Blue Sky over possible violations of its continuous disclosure obligations. Also earlier this month, Byron Beath resigned as director of the company. Beath was managing director of Oaktree ...

No single solution for advice: CFA

HARRISON WORLEY  |  TUESDAY, 14 MAY 2019
... period to adjust, and customers of financial advice firms to see actual changes taking place. Further transparency and disclosure need to be offered to customers around all fees and costs that they may incur including adviser remuneration and platform ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
... reviews are conducted, the review program may be sporadic, compliance is probably not 100% and there may be missing fee disclosure statements and opt-on documents," the firm said. These practices are currently selling for between 1.5 and 2 times recurring ...

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... Distribution Review (RDR) took effect in 2012, aiming to raise advisers' minimum qualifications levels, change the disclosure of charges and services to consumers, and ban the use of commissions to pay for advice. The second initiative, the Financial ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... BeSuper website says Human Super is now FairVine, "a superannuation fund designed for women." According to a product disclosure statement available on FairVine's website, the fund is a sub-plan of Aracon Superannuation Fund, which was acquired by ...

Push for chief executive pay ratio disclosure

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
The Australian Council of Superannuation Investors (ACSI) is calling for chief executive's pay to be measured against that of their company's average worker and for boards to be elected annually. ACSI is calling for a corporate governance framework ...