ASIC Changes to PDS Notification
From 1 January 2009, notifications to ASIC about a Product Disclosure Statement (PDS) must be made online.
This results from a change to section 1015D of the Corporations Act 2001, introduced by the Corporations Legislation Amendment (Simpler Regulatory System) Act 2007, and affects the use of:
Form FS88 - PDS in-use notice;
Form FS89 - Notice of change to fees and charges in a PDS; and
Form FS90 - Notice that a product in a PDS has ceased to be available.
For more information please visit ASIC's website.
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Latest News
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BoM releases season's first cyclone warning
Posted 19.12.2008
The season's first potential tropical cyclone is developing in the Arafura Sea and by late tonight is expected
to develop into a Category 1 cyclone that might later make landfall in the Wyndham-Prince Regent River area.
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Insurance Council produces new market review publication
Posted 18.12.2008
The Insurance Council has announced the launch of 'Industry in Focus', a review of market-related data relative to the general insurance industry and that is on the public record
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New President for NIBA
Posted 15.12.2008
The National Insurance Brokers Association (NIBA) has elected Steve Lardner as NIBA President, following last Friday's annual general meeting in Sydney.
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NSW Government rushes through SES Levy
Posted 9.12.2008
Legislation that was bundled up in the total Budget Bill and passed without any industry consultation gives effect to the NSW Government's decision to fund the State Emergency Services (SES) by way of levy on insurance policies effective from 1 July 2009.
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