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Showing 321 - 330 of 1642 results for "Transparency"

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... previous decade, when low interest rates, downward pressure on management fees and improved (though still imperfect!) transparency helped considerably to reduce like-for-like costs for investors," she said. Comparing costs among asset managers proved ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... those who are no longer operating or who are unlicensed." The FAAA is also concerned about the lack of clarity or transparency on what happens to the proceeds of enforcement activities. "ASIC has estimated expenditure of $18.2 million in 2022/23 on enforcement ...

Family office manager names first chief executive

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... TelstraSuper chief investment officer Jim Christensen. "They're fiercely inquisitive and their philosophy of radical transparency with their clients is really refreshing to me coming from much larger institutional firms, and the multiple tiers that ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... improving the framework and how certain costs are recovered, while the others direct ASIC to streamline its reporting, transparency and consultation remit. Overall, the review found that the current settings of the ASIC industry funding model (IFM) "remain ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... Bill to tackle corporate tax avoidance, particularly among multinational enterprises. The bill mandates enhanced tax transparency for multinational corporations operating within Australia, making it more difficult for them to avoid paying their "fair ...

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
... regulator to consider risks related to climate change as part of its work," Chalmers said. "This includes promoting transparency in relation to financial risks and the adoption of climate reporting standards." The statement of expectations outlines how ...

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
... investment," and said that "ESG reporting is simply the next stage in a long series of important moves towards greater transparency and higher disclosure standards. Moves that benefit us all, from the consumer to the investor, to companies themselves ...

AI in ESG: Risk or opportunity?

ROSE MARY PETRASS  |  MONDAY, 5 JUN 2023
... communities, such as financials, healthcare, and consumer services. "The biggest challenge is around the quality and transparency of data," Cairns said. "The outputs of AI are only as good as the data that's fed in. AI also needs to be trained and ...

Former industry execs launch analytics firm

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... Partners, Impact Investing Australia, and Australian Impact Investments. The aim of Jefferson & Shea is to improve transparency when it comes to the fees super funds pay to external fund managers. The new offering is based on that of ClearGlass in the ...

PwC picks senior leaders to oversee review

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
... within the firm, PwC said. Upon its closure, a summary of the key recommendations will be made available to ensure transparency, PwC confirmed. "We will not hesitate to take the recommended actions, including, where appropriate, exiting further people ...