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Showing 841 - 850 of 1909 results for "Disclosure"

General advice "misleading": Productivity Commission

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
... would fall directly on issuers and distributors of products. "Such a regime should be an approach to financial product disclosure that recognises incentives faced by providers and the realities faced by consumers, and takes advantage of digital data ...

Insto investors looking for company transparency: Research

ALEX BURKE  |  FRIDAY, 2 FEB 2018
Institutional investors are looking for detailed disclosure from portfolio companies about their strategy and goals, board composition and ESG commitments, according to research from global consultancy Morrow Sodali. The research was based on a survey ...

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
... which include anti-money and counter-terrorism law breaches, and shareholder class action alleging it failed continuous disclosure obligations. ASIC commenced similar proceedings against ANZ, NAB and Westpac in 2016. In November last year, the Federal ...

FSC and FOS appoint former ASX chief risk officer

ALEX BURKE  |  TUESDAY, 30 JAN 2018
... Code of Practice." The LCCC was launched alongside the Life Insurance Code of Practice in mid-2017. The code includes disclosure improvements, set claim timeframes, restrictions of surveillance and greater levels of consumer communications transparency. ...

ASIC cancels AFSL, accepts EU

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... insurance cover where clients were unable to afford the premiums; and failed to provide adequate product replacement disclosure when recommending clients to switch products. ASIC said Breakaway and Roberts acknowledge that the regulator's views are reasonably ...

J.P. Morgan winds up global equities fund

ALEX BURKE  |  TUESDAY, 9 JAN 2018
... David Hallifax said. From January 8, applications and redemptions will cease to be processed and the fund's product disclosure statement will be withdrawn from circulation. Following on from this, on February 9, Perpetual will commence the process of ...

FSC finalises life insurance APL guidelines

ALEX BURKE  |  FRIDAY, 22 DEC 2017
... relevance. All FSC members will be required to adhere to these definitions, along with the rest of the Code, which includes disclosure improvements, set claim timeframes, restrictions of surveillance and greater levels of consumer communications transparency. ...

Industry split on life insurance cover: Poll

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... will include clear instructions on how to cancel or reduce your insurance cover in your insurance welcome pack, our disclosure information, your annual statement, and on our website. If you request a cancellation form, we will send it to you within five ...

ASIC brings in disclosure expert to review RG97

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
ASIC has appointed a veteran of managed investments and superannuation regulation to review the costs disclosure settings in RG97. Darren McShane, most recently chief regulation and policy officer of Hong Kong's Mandatory Provident Fund Schemes Authority ...

Sydney licensee caught out on conflicts

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2017
ASIC accepted an enforceable undertaking from a Sydney investment banking, stockbroking and research firm following an investigation into conflicts of interest. In July 2015 Foster Stockbroking was the sole lead manager for the initial public offering ...