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Showing 821 - 830 of 1909 results for "Disclosure"

ANZ issues last minute RC submission correction

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... customer or compliance documentation; deliberate overcharging of fees; providing poor advice; and failures to comply with disclosure obligations. There were at least 30 events of misconduct or potential misconduct in relation to the appropriateness of ...

Blue Sky falls short of disclosure expectations

ALEX BURKE  |  MONDAY, 16 APR 2018
... Sky chair John Kain said the company has fallen short of shareholder and market expectations around transparency and disclosure. As a result of this, Kain said Blue Sky is now commissioning an independent review to enhance the company's disclosures regarding ...

ASIC slaps fines on Spaceship and its trustee

KANIKA SOOD  |  TUESDAY, 10 APR 2018
... fund's promotion is unlawful if investors have to trawl through misleading representations and then through the product disclosure statement. Spaceship Financial Services, who acts as the fund's promoter, and trustee Tidswell Financial Services, have ...

Royal Commission to take "labyrinthine" advice legislation to task

ALEX BURKE  |  MONDAY, 9 APR 2018
... redesign was suggested by the Financial System Inquiry in 1997, focusing on the idea that a single market conduct and disclosure regulator should be established for the financial sector - this led to ASIC's establishment in 1998. The paper continues ...

Glaucus defends Blue Sky allegations

ALEX BURKE  |  FRIDAY, 6 APR 2018
... about its fee structure, AUM and historic performance," Glaucus said. Glaucus called on Blue Sky to "match the level of disclosure of other alternative asset managers like KKR, Blackstone and Apollo (to which Blue Sky compares itself) and disclose its ...

Executive pay structure still fuels risk-taking: APRA

KANIKA SOOD  |  WEDNESDAY, 4 APR 2018
... enhanced implementation and outcomes; strengthened board remuneration committee oversight; and enhanced reporting and disclosure. It will consider beefing up prudential requirements to reflect evolving international standards and regulatory expectations ...

Blue Sky hits back at hedge fund, requests ASIC intervention

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
Blue Sky Alternative Investments resumed trading on the ASX and has requested ASIC investigate the accusations made by a US hedge fund - and associated short-selling - last week. Glaucus Research Group argued "Blue Sky is significantly overstating its ...

Facebook scandal raises ESG concerns

ALEX BURKE  |  TUESDAY, 3 APR 2018
... valuable analysis in that regard." According to Rainmaker data, more than half of super funds who provided portfolio disclosure included Facebook in their international holdings this time last year. The overall share of Facebook in their global equity ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... for requesting and providing relevant medical information; appropriate storage of medical information and real-time disclosure to consumers about the progress of claims. With respect to the way Approved Product Lists (APLs) are currently constructed ...

Managed accounts climb to $57bn

ALEX DUNNIN  |  TUESDAY, 27 MAR 2018
... many investment managers and financial advisers are used to dealing with because they operate under a PDS or regular disclosure document. However, because MDAs are more flexible they have become the growth engine behind managed accounts, accounting for ...