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Showing 71 - 80 of 1718 results for "disclosure"

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... unnecessary because they know how much they've been charged. But the fact that they are getting rid of the Fee Disclosure Statements is certainly a step in the right direction," he said. Kristine Pham, private wealth adviser at Lipman Burgon & Partners ...

Equity Trustees reviews UK, Ireland businesses

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... options; however, no decision has been made and we will keep the market informed in accordance with our continuous disclosure obligations," O'Brien said. Equity Trustees (UK & Europe) was established in January 2017. The fiduciary services provider then ...

High value investors playing it safe: Report

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
... investing websites and third-party research reports," it said. "Company information such as annual reports and product disclosure statements also feature strongly." The study, conducted in November last year on behalf of the ASX by Investment Trends ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... said. The removal of several layers of red tape for advisers was lauded by the advice industry. The removal of Fee Disclosure Statements, rationalisation of fee consent, eradicating the Best Interests Duty Safe Harbour steps, were quick wins for the ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... Ongoing fee renewal and consent requirements will be streamlined into a single form, and the requirement to provide a fee disclosure statement will be removed, as per Recommendation 8. Statements of Advice (SoAs) will be replaced with an advice record ...

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
... challenges, and seize the opportunities, associated with climate change." Liddell noted that over the long term, full disclosure of risks assists the proper functioning of capital markets and helps protect shareholder value. "Other jurisdictions, like ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... its most recent Rainmaker Benchmarking report, which features inaugural research into super funds portfolio holdings disclosure as of 30 June 2022. As part of the report, Rainmaker analysed a sub-sample PHD analysis of 38 investment options offered by ...

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
Greenhushing - in which companies stop all voluntary disclosure of ESG information - is just another form of greenwashing, according to ASIC chair Joe Longo. In a public speech, Longo provided additional context to the market regulator's focus on ESG ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law," said SEC chair Gary Gensler. "As alleged, Zhao and Binance misled investors about ...

Spirit Super rectifies regulatory breach

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
... members. Last month, the industry fund acknowledged that it had inadvertently omitted some fees and costs from its product disclosure statement (PDS), resulting in a breach of RG97 legislation. This law mandates that funds disclose the amounts deducted ...