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Showing 441 - 450 of 1910 results for "disclosure"

BlackRock votes against CBA resolution

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Despite its vocal stance on sustainability and net zero ambition, BlackRock voted against a Commonwealth Bank shareholder resolution to stop the bank financing fossil fuels. The largest asset manager in the world, with US$9.5 trillion in assets under ...

ASIC calls for stronger whistleblowing policies

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
... misconduct," ASIC wrote in the letter. Entities can address these shortcomings by articulating how a person can make a disclosure that qualifies for the legal protections of whistleblowers. ASIC also reinforced that entities have an obligation to have ...

Super funds extend poor disclosure to ESG holdings

KARREN VERGARA  |  MONDAY, 11 OCT 2021
Superannuation funds are extending their opaque disclosure practices to their environment, social and governance commitments. The recent Financial Standard Best Practice Forum on ESG heard that only a small subset of super funds are walking the talk ...

Eight in 10 asset owners focused on sustainability: Survey

JAMIE WILLIAMSON  |  FRIDAY, 8 OCT 2021
FTSE Russell's latest survey of global asset owners demonstrates an overwhelming consensus that sustainable investment is now standard. FTSE Russell surveyed 179 global asset owners earlier this year, 19% of which were from the Asia Pacific region. ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... acted on recommendation 29 by introducing legislation to implement permanent changes to Australia's continuous disclosure rules and will consult on the remaining recommendations. Last year, when the Senate Parliamentary Joint Committee, Corporations ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... this business model. "For example, where research houses are only paid for providing a certain rating, indicating that disclosure of conflicts may be insufficient to prevent this misuse of market power. Evidence also indicates that the supply-side model ...

YFYS will impact advisers too

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
... will necessitate some client education. "The other angle here is to is that those of you who've read a product disclosure statement recently, you'll know that there's always a line saying the past performance is no guide to future performance. ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... Sicilia. "Absolutely, and nor are we in the business of hiding behind IFM for assets that we own. I mean, there are disclosure obligations, and they were about to be tightened even further; you could have a chapter and verse - 100% of our assets etc.," ...

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy. The transaction will see 500,000 ANZ Share Investing clients with total assets in excess ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... and forms one of many amendments it wants to implement. Another proposal is it seeks to clarify that when a Product Disclosure Statement is given while providing personal advice as required by law, that "this conduct is within the scope of excluded conduct ...