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Showing 21 - 30 of 135 results for %22class actions%22

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... to achieve net zero emissions by 2050 a methodology has been formulated for application within the listed equities asset class. Its basis is the measurement of portfolio emissions (scope 1 and 2) at individual stock level with an overlay applied that ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
... valuations, and that in many instances it wasn't clear that there were adequate board-approved valuation policies to guide any actions taken by a fund. "Internal policies were often vague, with unclear responsibilities, unspecified processes and undefined ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... Services began looking into the regulation of the industry it received backlash, particularly after Frydenberg defined class actions as managed investment schemes.

Evergreen launches RI index

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... to managed funds based on scores from each of the seven categories. The scores can be compared with other funds and asset class averages. Funds are given an overall quartile rating based on the combination of underlying scores in the categories. "As ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... $249 million relates to banking, wealth and other employee-related remediation. The bank is juggling a number or class actions. It is defending itself against four superannuation class actions that involves Colonial First State Investments (CFSI). The ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... executive and managing director Angus Armour said the changes to disclosure obligations will help companies against class actions and insurance costs. "This reform provides greater certainty for companies to make disclosures to the market, without the ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... Following industry backlash last year, the government is consulting on the recommendations for litigation funding and class actions. The Parliamentary Joint Committee on Corporations and Financial Services Report Litigation funding and the regulation ...

Court says minister has 'duty of care' in coal investment

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... changing its policies around climate change - which Barnden and McVeigh chalked up as a success. This latest case was a class action brought by the students against Environment Minister Sussan Ley in September 2020. The students alleged that approving ...

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
... custody, tax and network management Caroline Butler said she is pleased to have partnered with FRT. "As securities class actions become more complex on a global level, our strategic alliance with FRT provides clients with automated solutions that are ...

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... an announcement to the ASX that the settlement is still subject to Federal Court approval. Shine Lawyers head of class actions Jan Saddler said the settlement is a great outcome for the class action members. "We encourage all those customers of Westpac ...