Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 130 results for "Product Disclosure Statements"

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... billion in funds under management. The claims were made via a variety of mediums, including in 12 product disclosure statements, a media release about the fund's launch, statements on its website, a Finance News Network interview featuring then-product ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... a responsible entity. Exalt Global Funds Limited was found to have made misleading statements in product disclosure statements about the level of risk associated with the Paladin Monetizer Fund; didn't keep proper financial records for the fund; and ...

ASIC issues interim stop orders against Keystone

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... not worded and presented in a clear, concise, and effective manner." ASIC said it is concerned the product disclosure statements (PDS) contain misleading statements regarding Keystone's legal role in unregistered schemes the fund invests in; inadequate ...

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... found themselves homeless. Before its downfall, in August 2017 ASIC issued an interim stop order on product disclosure statements (PDS) issued by Theta Asset Management (Theta) offering investments in the SIT. In 2021, ASIC banned Theta managing director ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... consider this constitutes another example of greenwashing." ASIC alleges Vanguard misled the public in Product Disclosure Statements published between 7 August 2018 to 17 February 2021, a media release issued in August 2018, in statements on its website ...

High value investors playing it safe: Report

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
... websites and third-party research reports," it said. "Company information such as annual reports and product disclosure statements also feature strongly." The study, conducted in November last year on behalf of the ASX by Investment Trends, is based ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... Endeavour complied with its compliance plan, obtained member approval for related party loans, or issued product disclosure statements that complied with law. They also failed to exercise care and diligence, and did not act in the best interests of members ...

Spotlight shines brighter on climate reporting: Expert

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... "Regulators expect consistency and clarity and the ability to verify that what is being said in product disclosure statements and website information matches what is being done in the front, middle and back office," she said. Organisations can expect ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... ASIC over greenwashing. Vanguard paid $39,960 to comply with three infringement notices related to product disclosure statements (PDS) for the Vanguard International Shares Select Exclusions Index Funds. ASIC noted that the Vanguard International Shares ...

North adds new managed portfolio capability

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... its scale assists advisers in reducing investment management fees, branded quarterly reports and product disclosure statements. AMP director of platforms Edwina Maloney said it's been a big year for the North platform. "Throughout 2022 we've ...
PREVIOUS
NEXT