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Showing 331 - 340 of 1908 results for "Disclosure"

ASIC takes first action over greenwashing

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
ASIC has taken its first action for greenwashing against ASX-listed energy company Tlou Energy. Tlou has paid a total of $53,280 to comply with four infringement notices issued by ASIC over concerns about alleged false or misleading sustainability-related ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... proposal to introduce a requirement for retirement income product providers to report standardised metrics in product disclosure statements. Meanwhile, the start dates of some other measures that have yet to be legislated have been deferred. The relaxation ...

Westlawn Financial Services cops stop orders

CHLOE WALKER  |  MONDAY, 24 OCT 2022
... determinations (TMDs). The interim stop order will restrict the Grafton-based firm from issuing interests in, giving a product disclosure statement for or providing general advice to retail clients recommending investments in the fund for 21 days, unless ...

ASIC issues stop orders on Holon funds

CASSANDRA BALDINI  |  MONDAY, 17 OCT 2022
... distributing them to retail investors, explaining the order bans Holon from issuing interests in, giving a product disclosure statement for, or providing general advice to retail clients recommending investments in the funds. The three funds under the ...

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
... crediting their exposure to unlisted assets with positive performance last year, the report highlighted there are zero disclosure obligations around these assets. Therefore, what unlisted assets are being held, what methodology is being used to value ...

AFSL boss banned by ASIC

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
... a total of seven determinations against Qsmart and Quantum in response to complaints about unauthorised trading and disclosure failures, as well as inappropriate financial advice and other misrepresentations provided by credit representatives. These ...

Sustainable investment now mainstream: Survey

CHLOE WALKER  |  FRIDAY, 7 OCT 2022
Sustainable investing is now well and truly mainstream, according to global index provider FTSE Russell. Now in its sixth year, FTSE Russell's annual survey takes an in depth look at the priorities, challenges, and opportunities within sustainable investment ...

Throw out financial services law clutter: ALRC

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... overarching principles in the Act," they said. "For example, the Act would contain a core obligation to provide appropriate disclosure before issuing certain products, while a disclosure rulebook may descend to the level of page length, presentation ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... Essential Retail Income Fund (the Fund) to retail investors. It prevents APIL from issuing interests in, giving a product disclosure statement, or providing general advice to retail clients recommending investment in the Fund. The order is valid for ...

Ethical ETF popularity soars

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2022
... sustainability issues, so we can bring that to the table as well." Liddell also noted that ETFs, given their transparent disclosure of underlying companies, also meet the moment in terms of enhanced regulatory attention to claims of greenwashing. Liddell ...