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Showing 81 - 90 of 286 results for "Product Disclosure Statement"

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
The corporate regulator is delaying RG97 fee and disclosure requirements for two years as a result of COVID-19. ASIC said it is pushing back the timeframe when superannuation funds and managed investment product issuers are required to update their ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
A $52 billion super fund has updated its product disclosure statements to exclude investment in any company that provides services to detention centres. HESTA said the change is part of its responsible investment approach and will come into effect 1 ...

Sydney Aussie equities manager trims fees

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... aware of the current environment and are nimble, it only took three days to launch and amended PDS [product disclosure statement]. It's something we stand for at Contact, we co-invest with our clients, and we pride ourselves on charging the lowest ...

Super fund for women adds fee

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... however, the administration fees overall are likely to become slightly cheaper for most members. The Product Disclosure Statement has also changed in regards to the low balance rebate for FairVine members. Previously, members could access a fee rebate ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Federal Court of Australia has slapped a trading company with a $1.8 million fine, while two people have been barred from financial services for their involvement in the fraudulent binary options scheme. The judgement comes following findings made ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
The Australian Securities and Investment Commissions has asked 13 managed funds to fix their advertising, and is threatening the wider sector with enforcement action for misleading claims. ASIC says it forced seven responsible entities and 13 funds ...

Fees drop at Raiz

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... and not Raiz, so were an indirect cost affecting the performance of investor's portfolios. A new product disclosure statement became available to investors earlier this week, which outlines underlying issuer fees of 0.239% p.a. for members invested in ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
As consumers saw their superannuation balances nosedive when the COVID-19 pandemic began wreaking havoc on the market, many were surprised to learn their retirement savings weren't quite as safe as they thought, reigniting the debate around 'balanced' ...

Hostplus responds to PDS controversy

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... tourism industries - who have been thrust into unemployment. On 9 April 2020, Hostplus updated its Product Disclosure Statement including a clause in its terms and conditions stating that it can freeze redemptions and prevent cash switching. "The trustee ...

Super funds snub millions of Aussies

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
Australia's superannuation funds are the worst offenders when it comes to meeting the needs of the over five million Australians who do not speak English at home, according to new research. A survey conducted by LanguageLoop found that 81% of respondents ...