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Showing 571 - 580 of 1909 results for "Disclosure"

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... of their cover and therefore, reduce their retirement benefits. "In light of the low smoking rate, merely providing disclosure and putting the onus on members to act is not enough to support good member outcomes." All trustees that ASIC approached have ...

Invesco inks ESG plan

ANNABELLE DICKSON  |  MONDAY, 3 AUG 2020
Invesco is setting out its ESG framework in line with the Task Force on Climate-related Disclosures (TCFD) framework in its inaugural climate change report. The US$1 trillion fund manager signed the Statement of Support for the TCFD in March 2019, aiming ...

Super fund for women adds fee

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... reduction - however, the administration fees overall are likely to become slightly cheaper for most members. The Product Disclosure Statement has also changed in regards to the low balance rebate for FairVine members. Previously, members could access ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... share of superannuation assets after a separation. Two-thirds of women experience problems with superannuation non-disclosure by the other party during a separation. In 21% of these cases, superannuation was the only significant asset held by the couple. ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... priority in the bond allocation process". UBS has consented to a cease-and-desist order which finds it had violated disclosure, fair dealing and supervisory provisions, however it did not go as far as admitting to or denying any of the findings. "Retail ...

BlackRock offers update on dumping coal

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... season, we took voting action against 53 companies for their failure to make sufficient progress regarding climate risk disclosure or management." That action meant BlackRock voted against the re-election of one or more members of a company's board ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... Corporations Act, we did seek further information from AustralianSuper about the fee increase and the way they provided their disclosure to members," Press said. Despite no further action being appropriate, ASIC did suggest that AustralianSuper might ...

J.P. Morgan launches ESG integration policy

RACHEL ALEMBAKIS  |  TUESDAY, 14 JUL 2020
J.P. Morgan Asset Management has launched a new integrated ESG policy statement for its global funds management business. The new ESG policy includes a proprietary 10-point ESG scoring system to evaluate its asset management teams on their level of ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... well as avoid operational constraints as deferral periods come to an end. It will also require ADIs provide regular disclosure on the status of deferred, restructured and impaired loans. APRA will publish monthly data on the extent and nature of the ...

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... announced parallel criminal actions against Andrade and Abramoff, with charges relating to wire fraud and lobbying disclosure violations. SEC charged NAC, Andrade and Abramoff with "violating the antifraud and securities registration provisions of the ...