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Showing 81 - 90 of 222 results for %22Product Disclosure Statements%22

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... corrected these errors in the 3 April 2018 PDS. The fee issues stemmed from upgrades to Suncorp's systems and changes to its product suites, it said. Suncorp said most of the remediation was completed on 30 June 2018, but work on closed accounts remains. ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... before the financial services Royal Commission this week. According to the latest NULIS Nominees Executive Officer Disclosure, Peter Promnitz was appointed as chair in July 2018. Smith resigned in June, together with independent non-executive director ...

Poor SoAs hindering advice process

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
... and should be referenced within other advice documents, such as the financial services guide and product disclosure statements," she said. "Due to the length, some advisers therefore create yet another document to explain the advice, in addition to the ...

InvestSMART to launch active ETF

ALEX BURKE  |  MONDAY, 7 MAY 2018
... an "Amazon-esque" experience to financial services. Instead of having wet signatures and 200-page product disclosure statements, "You can just buy our funds on the exchange through a broker account." "Magellan did this country an enormous favour, along ...

Fidelity to launch active ETFs

ALEX BURKE  |  THURSDAY, 26 APR 2018
... an "Amazon-esque" experience to financial services. Instead of having wet signatures and 200-page product disclosure statements, "You can just buy our funds on the exchange through a broker account." "Magellan did this country an enormous favour, along ...

Fees dominate super choice, RG97 falling short: ISA

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2017
... transparent way of comparing fees on various products across the entire system. Australians shouldn't have to fear that product providers are potentially gaming fee and cost requirements; or be forced to pour through multiple disclosure statements just ...

Super funds on notice over disclosure deadline

DARREN SNYDER  |  MONDAY, 28 AUG 2017
... charges. Corporate regulator ASIC said the changes will help bring industry-wide consistency to product disclosure statements (PDSs), as well as better alignment between PDSs and periodic statements for members. "Consumers will be better able to understand ...

ASIC calls on NAB to improve disclosure

JAMIE WILLIAMSON  |  FRIDAY, 7 JUL 2017
... issue investment products to at least 150,000 customers - a requirement under the Corporations Act. ASIC said the non-disclosure occurred when customers were advised to purchase products issued by NAB Group-related firms, including MLC-branded and boutique ...

Super trustees on notice over fund disclosure

DARREN SNYDER  |  WEDNESDAY, 5 JUL 2017
... example: trustee directors' remuneration for the last two financial years, fund trust deeds and product disclosure statements, a summary of significant event notices sent to fund members in the last two years and a summary of how the trustee voted in ...

Disengaged members vulnerable in super

EMMA RAPAPORT  |  MONDAY, 3 JUL 2017
... the members smokes or not. ASIC also highlighted a number of key areas for improvement, including product disclosure statements, written reasons for decisions, product dashboards and other website content. "We now expect all trustees to review their ...