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Showing 881 - 890 of 1922 results for "Disclosure"

ASX healthcare firm denies disclosure breach

ALEX BURKE  |  THURSDAY, 21 SEP 2017
... the market. ASIC alleged this revision should have been provided earlier, on November 21. Sirtex denied it breached disclosure obligations by not disclosing this information earlier, but said it would comply with the infringement notice and pay a $100,000 ...

Superannuation gets another makeover

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... to how they spend members' money through new reporting of expenses, Annual Member Meetings and a portfolio holdings disclosure regime. A legal loophole being used by some unscrupulous employers to short-change workers of their full superannuation guarantee ...

DomaCom and ASIC reach agreement on retirement products

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
... diminish. DomaCom said it expects its SER product will be structured as a financial product, complete with Product Disclosure Statement, and will require a financial adviser or planner to provide advice to those wishing to participate. It is also likely ...

APRA names heavyweight panel to investigate CBA

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
... on nearly 54,000 occasions. In addition, ASIC is investigating CBA to determine whether its directors met continuous disclosure obligations to its investors. The inquiry panel will provide a final report to APRA by 30 April 2018, with a progress report ...

More clarity needed in key person risk management: Report

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2017
ESG researcher Regnan is calling on large corporates to provide greater disclosure around management of human capital, saying long-term investors should have greater oversight of strategic approaches to managing key people whose contribution - or lack ...

Why ASIC delayed RG97

ALEX BURKE  |  FRIDAY, 8 SEP 2017
... regulator delayed the RG97 reforms. He said the approximate 90 trustees required additional time to implement ASIC's disclosure reforms, adding: "We want to ensure the industry is successful in its implementation." While the majority of reforms will ...

The pointy end of super regulation

ALEX BURKE  |  WEDNESDAY, 6 SEP 2017
... APRA's operational due diligence (ODD) reporting. "We are now at the pointy end of the equation, with ASIC's new fee and disclosure requirements set to become effective on the 30th of this month," she explained. "While we still have issues with key aspects ...

Labor takes aim at executive pay

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
... 2016 ($4.4 million salary and $1.2 million bonus), and a retirement payout of $10.79 million. Under current Federal disclosure rules, amended by the Abbott government in 2015, minimum requirements for reporting entities financial reporting disclosures ...

Group insurance premium arrangements unclear: ISWG

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... mechanisms have emerged as major concerns in the latest Insurance in Superannuation Working Group discussion paper. Greater disclosure on premium adjustment mechanisms should be codified and addressed on a whole of industry basis, according to the discussion ...

Adviser education renews ethics focus

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... Australia (FPA) is addressing ethics at its Professionals Congress in November. Click to view the congress program. Disclosure and transparency aren't enough - an adviser might be open and transparent about selling a product, but that doesn't mean they ...