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Showing 951 - 960 of 1910 results for "Disclosure"

Under reporting of super fees harming investors: ASIC

DARREN SNYDER  |  THURSDAY, 8 SEP 2016
... continue. ASIC has also revealed it recently knocked back industry requests to extend a 2017 deadline for new super fund disclosure requirements because it believes the established 18-month transition period is sufficient. Speaking at the Australian ...

Hedge fund, PE allocations drive super fees: study

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
... when you take into account the risk-adjusted performance, the benefits disappear." The study recommended additional disclosure requirements for superannuation funds to make it easier for performance to be compared on a risk-adjusted basis. In addition ...

ING DIRECT pays up for "no fees" super marketing

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
... customers," the internet bank said. ASIC commissioner Greg Tanzer said: "This action reflects ASIC's ongoing focus on the disclosure of fees and costs in superannuation. "Consumers need to be able to make informed decisions about their superannuation ...

Super funds seeking low carbon mandates

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016

Disclosure deadlines present super challenge

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016
Superannuation has recently received plenty of oxygen in the political atmosphere and fund disclosure is yet another bubble quickly rising. As super funds and regulators work towards several disclosure deadlines in 2017, industry representative groups ...

ANZ to refund millions in unlawfully charged fees

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2016
... in interest to 376,570 retail accounts and 17,230 business accounts. ASIC deputy chairman Peter Kell said, "Good fee disclosure is integral to ensuring that consumers are in an informed position about how best to manage the cost of their banking." ANZ ...

CommSec hit with $700,000 fines

ALEX BURKE  |  FRIDAY, 2 SEP 2016
... not provided. On top of that, CommSec issued 50,484 confirmations between May 2011 and February 2014 where similar disclosure, this time about trading as principal, was not provided. Following the penalties, CommSec refunded 25,000 clients and notified ...

Ostrava wound up, directors banned

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... their SMSFs, providing unlicensed managed discretionary account services, failing to comply with financial services disclosure obligations and failing to act in client's best interests." The court also found that both Grimm and Ash had breached their ...

Actuaries want super dashboard overhaul

DARREN SNYDER  |  MONDAY, 15 AUG 2016
... ASIC provided superannuation funds with an extra year to bring themselves up to speed on proposed portfolio holdings disclosure and choice product dashboard requirements. The portfolio holdings disclosure obligations will require trustees of all registrable ...

ANZ faces mis-selling allegations in court

ALEX BURKE  |  THURSDAY, 4 AUG 2016
... himself and his wife. Ten years later, the Cairns' financial adviser obtained a copy of the Easy Cover Life's product disclosure statement, which was dated November 2006. It further defined "permanent resident" as referred to in the original letter as ...