Search Results | Showing 1 - 10 of 28 results for "FDS" |
| | | ... Australia (FAAA) expressed concerns about Treasury's proposal to abolish fee consent forms and Fee Disclosure Statements (FDS) in its response to the first round of reforms. Currently, advisers must produce an annual Fee Disclosure Statement (FDS), a ... |
| | | | ... providing accurate FDSs. Currently, half of licensees have external agreements in place, while the other half continue to provide FDS themselves. Travers told the panel that most of the errors are not intentional. Some examples include aligning revenue ... |
| | | | ... members have shared a lot of frustrations with the cost and time of advice delivery and the profession - and outside SOAs/FDS/OFA which we have tried to provide novel, efficient, engaging, profit driving solutions for - the other area which has most ... |
| | | | ... improvements for financial advice clients," he said. "Who could possibly disagree with the removal of Fee Disclosure Statements (FDS), removing the mandatory obligation to provide long and complex advice documents and the other reforms that will improve ... |
| | | | ... businesses with a fee structure above $3000 with a comprehensive compliance regime attached. "These fees, with appropriate FDS and/or opt-in are the most attractive client style, and at above about $5000 p.a. are in demand," Centurion said. "We expect ... |
| | | | ... will take effect. These are new obligations that must be carried out on top of providing clients a fee disclosure statement (FDS), which has been in place since 1 July 2012. The information sheet covers three areas: ongoing fee arrangements (OFA), FDSs ... |
| | | | ... transition period, financial advisers will have 60 days from the anniversary date to issue their fee disclosure statements (FDS), which must report all fees paid in the previous 12 months. Prior to the carve out, industry associations have decried the ... |
| | | | ... Under the annual renewal for ongoing fee arrangements, the new law requires advisers to provide a fee disclosure statement (FDS) during the transition year that covers a 12-month period up to the day immediately before the day the FDS is provided. The ... |
| | | | ... Iress' data analytics solution, Lumen. The Lumen software scans for risks such as non-compliance with ongoing service and FDS obligations, which in turn reduces the need to rely on internal resources. According to Rainmaker data, FYG currently has 75 ... |
| | | | ... 962K and 962S of the Corporations Act. For breaches of 962S for pre-FOFA clients, only those with a fee disclosure statement (FDS) due between August 2 and October 26 will apply for the no-action, or for an instance where the FDS has not been given to ... |
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