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Showing 771 - 780 of 1909 results for "Disclosure"

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... risk and investment revenue streams. "These trail commission registers in 2013-14 were sought after because no Fee Disclosure Statement (FDS) was required and the opt-in requirement for new clients from 1 July 2013, didn't apply. Even some major ...

Finance sector in top three for giving: Report

HARRISON WORLEY  |  MONDAY, 20 AUG 2018
... approach creates a best practice environment that looks to not only increase corporate contributions, but also the public disclosure of those contributions." Philanthropy Australia chief executive Sarah Davies said those named in the report should be ...

APRA banned one person in 10 years: Royal Commission

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
... unacceptable from a regulator's perspective," Hodge said. Rowell replied it would be preferable if there were complete disclosure to the members.

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... fund did not give them the required 90 day notice prior to transition, nor sufficiently-detail information including disclosure on fees and trailing commissions in the letter, Hodge pointed out. "I agree we did not provide them sufficient information ...

Federal Court rules partly in favour of DomaCom

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... of the BFSF. DomaCom said it would review the related trust aspect of the decision; however added the DomaCom fund disclosure documents had been amended significantly since the creation of the Burwood sub-fund in 2015. "We will analyse the effects of ...

NAB initially under-reported remediation bill to ASIC

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... would have asked them about the timing of their report," Hagger said. Hayne pointed out the flaw in Hagger's lack of disclosure to ASIC. "[It's like telling ASIC] ask us what you like but we won't tell you what to ask," Hayne said. Haggar said they were ...

Super fees outpace asset growth: Research

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The rate at which superannuation funds slug members fees is growing faster than the underlying assets being managed, latest research shows. Rainmaker Information's March quarter Benchmarking report shows members paid a total of $32 billion in super ...

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... not agree with the characterisation of the plan service fees issue as fees for no service, contesting the original disclosure to customers was inaccurate. According to Carter, the rationale for NAB's distinction is that many of its members charged PSFs ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... before the financial services Royal Commission this week. According to the latest NULIS Nominees Executive Officer Disclosure, Peter Promnitz was appointed as chair in July 2018. Smith resigned in June, together with independent non-executive director ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
... Takeovers Panel handed down its final decision on June 28, stating it was "very troubled" Molopo failed to meet "serious disclosure" obligations by not taking greater care in communicating to shareholders it was the subject of a potential takeover. It ...