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Showing 261 - 270 of 1063 results for "coal"

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
The government's upcoming retirement income review is open to consider any and all policy options, including the possibility of making contributions voluntary. Speaking to journalists yesterday, Prime Minister Scott Morrison revealed the retirement ...

Suncorp responds to shareholder resolution

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... an institutional bank." The spokesperson added that Suncorp does not directly invest in, finance or underwrite new thermal coal mining extraction projects, or new thermal coal electricity generation, and will phase out of these exposures by 2025. Market ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
Suncorp was hit with a shareholder resolution today demanding it reduce its investment and underwriting exposures to coal, oil and gas. Market Forces lodged the resolution on behalf of 100 Suncorp shareholders. Suncorp confirmed it has received the ...

AMP Capital revamps ethical super funds

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... investment screen in regards to fossil fuels to reduce the revenue companies can make from fossil fuels including mining thermal coal and brown coal power generation from 20% to 10%. The fund already had an exclusion in place for "companies that make ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
The superannuation sector is in a spin over the super guarantee, despite the Government committing to its legislated increase to 12%. In a media release, the peak-body for industry superannuation, Industry Super Australia, fired a shot across the Government's ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
With a buoyant stock market, tax cuts, lower interest rates and a recovering housing market, one would think all Australians should have every reason to dance on the streets. Australians, all, should be dancing on the streets to Jimmy Cliff's classic ...

Downsizer contributions skyrocket

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
The superannuation industry has reaped an additional $1 billion since the downsizer contribution was introduced one year ago. More than 4200 individuals have used the downsizer measure, according to Federal Treasury figures. Older Australians living ...

Fund managers lag on ESG

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
Some of Australia's best-known and listed fund management companies are falling behind their ASX 200 counterparts in disclosing ESG factors about their companies, according to a new report. Magellan Financial, Pendal Group and Platinum Asset Management ...

MetLife, AFA call for more diversity in advice

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
MetLife and the Association of Financial Advisers (AFA) launched the MetLife Progress: Professional Development Grant for Women. MetLife Progress is aimed at creating greater gender diversity in the financial advice industry by helping women achieve ...

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
... "The existing fleet of baseload generators need replacing, while there must be an agreed pathway to progressively phase out coal-fired generators. "This is where industry funds can contribute. They can pre-empt future government decision-making to fill ...