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Showing 361 - 370 of 1907 results for "Disclosure"

Net zero commitments in ASX200 companies doubles

CASSANDRA BALDINI  |  MONDAY, 25 JUL 2022
... against the Task Force on Climate Related Financial Disclosures (TCFD), with 103 either fully or partially aligning their disclosure to the framework. "More than half of the ASX200 (103) now align climate disclosure to the TCFD framework, an annual average ...

Consultation on faith-based products opens

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022
Treasury has commenced consultation on adjusting how the Your Future, Your Super performance test is applied to faith-based products, releasing draft legislation. Under the legislation, APRA would be allowed to consider the religious affiliation of ...

Pendal, Perpetual in acquisition talks

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
... Perpetual said the discussions are preliminary, confidential, and not sufficiently advanced to require any further disclosure. However, it did seek to set the record straight, saying: "In response to inaccurate media speculation, should there be a transaction ...

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
The government has released for consultation, draft regulations outlining changes to disclosure requirements for superannuation annual members' meeting notices. Minister for financial services Stephen Jones' office said: "To support members ...

MSCI launches emissions measuring tool

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
... other institutions to align with key global standards and requirements, including the Taskforce for Climate-Related Disclosure (TCFD) framework, Partnership for Carbon Accounting Financials (PCAF), National Association of Insurance Commissioners (NAIC) ...

Top super funds for ESG revealed

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
... governance, or how the fund declares its commitments to ESG principles; investment transparency, or portfolio level disclosure and disclosure on engagement with invested companies; publication of ESG reports; disclosure of the investment process and ...

ASIC takes Mercer Financial Advice to court

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... that the customer had a binding contract with Mercer when they didn't. ASIC also alleged Mercer failed to provide fee disclosure statements or instead provided inaccurate statements. This was apparently the case for more than 2100 customers. Customers ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... knowing that your super is in great hands', without disclosing that the product had failed the test. The Product Disclosure Statement (PDS) also had an image of a tick of approval," ASIC's review states. In another instance, ASIC said: "A trustee ...

Defective disclosures see Avanteos Investments fined

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
The former Commonwealth Bank subsidiary will pay a penalty of $1.71 million for failing to update defects in its disclosure documents related to charging fees to super members after they'd died. This marks the first criminal prosecution for failing ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
ASIC is helping product issuers avoid being accused of greenwashing, outlining exactly how not to market their offering. A new information sheet comes as demand for sustainable products continues to rise, causing a backlash in greenwashing. ASIC undertook ...