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Showing 121 - 130 of 694 results for "Scope+"

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
The Reserve Bank of Australia is assessing how the economic effects of climate change may affect monetary policy, including the merits of flexible inflation targeting. Speaking at the Sir Leslie Melville Lecture in Canberra, future governor Michele ...

Danish pension fund hands $500m to QIC

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
QIC has entered a strategic partnership with one of Denmark's largest pension funds to provide exposure to European private equity investments. The initial $500 million mandate from PenSam will be invested over three years through both co-investments ...

Review forces ASX to fix intra-group conflicts

KARREN VERGARA  |  MONDAY, 31 JUL 2023
Another review from the fallout of the bungled CHESS replacement saga will force the ASX to implement 13 recommendations to manage conflicts of interest among its subsidiaries. The review, conducted by Herbert Smith Freehills (HSF), found prevalence ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
The wealth group will consolidate its self-employed licensees under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
A joint regulatory review finds that superannuation funds are shrugging off the urgency to offer robust retirement income strategies and are failing to integrate this mandate into their business plans. One year since the Retirement Income Covenant took ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
The superannuation industry can expect to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
The Australian Competition and Consumer Commission (ACCC) has outlined eight principles designed to combat greenwashing by businesses and protect consumers. The ACCC has published a draft guidance to address "concerning conduct" arising from a recent ...

Aware Super invests in renewable data centre platform

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
Aware Super is now invested in a 100% renewable-powered data centre platform, marking the fund's first investment of this kind. US-based platform Switch was founded in 2000 and is considered a leader in data centre design, development, and mission-critical ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
Mercer has appointed three non-executive directors to its fiduciary boards, bringing experience at the likes of J.P. Morgan and Sunsuper. Former APP Securities chief executive Sangeeta Venketasan and State Super senior investment counsel David Hartley ...