Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 100+ results for "PDS"
Responsible entity fined $2m
ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
A court has found Theta Asset Management and its managing director contravened the Corporations Act on multiple occasions in authorising the issues of five defective Product Disclosure Statements (PDSs). The court has ordered Theta to pay a penalty ...
UniSuper revises fees for TTR members
KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... 0.04% for some options after calculating actual costs incurred in FY19 and estimates for FY20. The updated 1 October 2020 PDS shows costs for TTR members have either higher transaction costs or management fees for the following options: Sustainable Balanced ...
Perpetual axes geared investment options
ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... increase our cash allocation in the geared options above the maximum cash allocation set out in the investment guidelines in the PDS as we sell out of the underlying funds." Members will be automatically switched into other options with similar asset ...
ASIC cleans up 'cash plus' funds
KANIKA SOOD  |  WEDNESDAY, 23 SEP 2020
... 'cash' miscreants, ASIC started with surveillance of 350 funds with over $65 billion in total assets, initially looking at PDS and other public disclosure and then sending notices to 20 responsible entities to get further information on asset allocation ...
MS sufferer fights CommInsure definition
ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... diagnosis by an appropriate medical professional and a history of at least one episode. A definition from NobleOak (from a PDS branded Australian Unity) was particularly problematic to Giles. It requires MS to be diagnosed by two neurologists and for ...
ASIC delays RG97 again
KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... leader Jane Eccleston wrote. Trustees choosing to opt-in must make a written record that includes the date of election and the PDS/product to which the election applies. Periodic and exit statements with reporting periods commencing on 1 July 2021 must ...
Super fund expands investment exclusions
ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... part of its responsible investment approach and will come into effect 1 October 2020. "The HESTA and HESTA Personal Super PDS was updated to reflect an exclusion that applies across our entire portfolio of investment in any company that provides services ...
Sydney Aussie equities manager trims fees
KANIKA SOOD  |  MONDAY, 10 AUG 2020
... reduced our fee. We're 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 ...
Super fund for women adds fee
ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... Previously, members could access a fee rebate if their balance was less than $5000. Those who signed up to the fund under the old PDS will still be able to do that, but those who join since the introduction of the new PDS will only be eligible for a ...
Hostplus bumps cash allocation up
ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
... 8% to 5% and equities from 44% to 42% in the balanced option. At the start of the new financial year, Hostplus updated its PDS to reflect the new asset allocations. In its balanced option the asset allocation range for cash is now 0-15%; it was previously ...
PREVIOUS
NEXT
Link to something fUi6Y57S