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Showing 251 - 260 of 1063 results for "coal"

NAB accused of greenwashing

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... Report, is "little more than greenwash and a recipe for climate catastrophe." In the report, NAB said it will exit thermal coal by 2035 - Market Forces insists this is "too little too late." It cites the fact that signatories to the Global Investor Statement ...

Ethics code creates confusion around ESG

ELIZABETH MCARTHUR  |  MONDAY, 11 NOV 2019
... launched new separately managed accounts which screen out investments in oil, tobacco, weapons, heavy polluters, gambling and coal. Portfolio manager and head of research Luke Price explained the SMAs are designed to meet the potential increase in demand ...

New SMAs launch

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
... Ethical Advisers Funds Management. The SMAs will screen out investments in oil, tobacco, weapons, heavy polluters, gambling and coal while targeting healthcare, recycling, education, sustainable technologies, clean energy and aged care. The team behind ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
"Your breath first kindled the dead coal of wars And brought in matter that should feed this fire; And now 'tis far too huge to be blown out With that same weak wind which enkindled it." - The Life and Death of King John Bill Shakespeare might just ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
Liberal Senator Andrew Bragg has again criticised what he called a "culture war" in the superannuation sector, saying the industry should refocus its energy on members. In his speech at the Rice Warner Symposium on Monday, Bragg condemned the lack of ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... led to a US$19 billion loss for BlackRock over three years. In 2011, BlackRock was the top shareholder in Peabody Energy, a coal mining company with operations in the US and Australia, with two million shares equating to an 11% stake in common shares ...

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
Top executives of superannuation funds and life insurance companies could soon face another inquiry that has traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing Committee ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
The government will introduce legislation this week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial ...