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Showing 451 - 460 of 1909 results for "Disclosure"

Investors demand credible climate information

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
Retail investors would have greater confidence in sustainability information it was subject to independent assurance, new research shows. The Chartered Accountants Australia and New Zealand (CA ANZ) Investor Confidence Survey recorded 87% of investors ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... it comes to proxy voting", he said. "Incidentally, the best performing funds (according to APRA) tend to have better disclosure and are more supportive of ESG proposals. Despite every Australian having an interest in superannuation, there is no legal ...

AustralianSuper skewers draft disclosure laws

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
The draft legislation on superannuation portfolio holdings disclosure is not in the best financial interests of members and only stands to serve rival fund managers to whom the reforms don't apply, according to AustralianSuper. In its submission to ...

NAB partners with life insurance, advice provider

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
... for more than 15 years. Late last month, NAB was ordered to pay $18.5 million by the Federal Court for misleading fee disclosure statements in relation to personal financial advice.

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... members currently languish," she said. "More than one third of super savings are currently excluded from scrutiny and disclosure and these members have no way of knowing whether their fund would have failed the test." Choice products are also escaping ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
The big four bank has been ordered by the Federal Court to pay $18.5 million for misleading fee disclosure statements in relation to personal financial advice, in what is the first penalty imposed by the court for such failures. The court found NAB ...

ASIC outlines corporate plan

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
The corporate regulator will be focusing on economic recovery, reducing consumer harm, cyber security and industry compliance over the next four years in order to strengthen the financial system. ASIC's 2021-25 Corporate Plan focuses on economic recovery ...

80% of instos find sustainability difficult

ELIZABETH MCARTHUR  |  MONDAY, 23 AUG 2021
A survey of institutional investors, representing $26.8 trillion in assets, conducted by Schroders has found 80% of global institutional investors find sustainability challenging. Schroders surveyed 750 institutional investors, including 205 in Asia ...

ASX 200 doubles down on net zero

ANNABELLE DICKSON  |  MONDAY, 23 AUG 2021
... disclosing against the framework with 17 reviewing this option. "There has been a significant uplift in the management and disclosure of climate-related risks and opportunities in some of Australia's largest companies over the past year," ACSI chief ...

Unlicensed crypto platforms robbing investors

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
Investors are making significant losses after investing in complex crypto-assets provided by unlicensed platforms, according to ASIC. The corporate regulator said investors trading in financial products such as options and futures are losing large amounts ...