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Showing 501 - 510 of 4681 results for "Issues"

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... Securities and Investments Commission (ASIC) chair Joe Longo said growing interest in environmental, social, and governance issues had driven the need for more thorough disclosure requirements but said the phased rollout should give companies ample time ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
Industry Super Property Trust (ISPT) has issued a $1.5 billion sustainably linked syndicated term loan that is reportedly one of the largest for any Australia real estate fund manager. The facility is evenly split across five and seven-year tenors and ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... greater importance once people are in life after full-time work." This relates to health, social connections, housing-related issues, and living with meaning and purpose. "They give thought to that once they enter life after full-time work. But our assertion ...

FCA issues notices to Link Fund Solutions, Woodford

KARREN VERGARA  |  FRIDAY, 12 APR 2024
The Financial Conduct Authority's (FCA) investigation into the Woodford Equity Income Fund (WEIF) finds that the failures of Link Fund Solutions (LFS) and "star stock picker" Neil Woodford ultimately led to the fund's demise, leading to the ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... too hard and too expensive to review the large number of proxies and proxy proposals - this is both lazy and wrong. If issues are important to a company, they should be important to the shareholder - for the most part, only a handful of proposals are ...

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... admitted that it did not have any risk management systems or processes in place and was reliant on CARs self-reporting issues of non-compliance. It also had no formal or documented review or audit processes to assess whether CARs were compliant. It also ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... some life insurers was another area of concern. McClelland said under-reporting limits a life insurer's ability to address issues effectively and improve operations. She urged all life insurers to review their processes for detecting, recording, and ...

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... and Newgate Compliance found alternative fund managers are losing investment mandates or clients because of compliance issues. The research also revealed there had been an increased level of internal conflict between fund management teams and compliance ...

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
... years to retain viability. Only about 10 remain; two decades ago, there was 761. MFMRF has faced the same sustainability issues, achieving growth but barely. In 2013, the fund had just 80 members and $27.2 million in funds under management. In 2023 ...

Forager schedules LIT delisting

KARREN VERGARA  |  MONDAY, 8 APR 2024
The Forager Australian Shares Fund (FOR) is set to delist from the ASX after facing continuous limited liquidity issues and persistently trading below its net asset value. The listed investment trust (LIT) is set to delist on June 14, with trades suspending ...