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Showing 591 - 600 of 4618 results for "Issues"

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... government's pursuit of "rough justice for underperforming investment options" risks consumers becoming "collateral damage". "Issues with the chosen methodology will result in consumers receiving notifications from the government that their investment ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... engagement strategy. "We continue to engage with Santos with other asset owners, both directly and collectively, on a range of issues including environmental impacts and their commitment to net zero," Blakey told FS Sustainability. Holdings of Santos ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... Bedingfield explained the problem with fund managers, like Charter Hall, is they earn fees on assets but if the assets drop issues arise. "That's the business model," he remarked. "I was a bit surprised by the drop, it's going to raise some eyebrows. ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... including digital advice models, and across sectors. Consultation will also consider practical policy design and implementation issues, including in relation to consumer protections," Jones said. "The government will issue its final response on the Delivering ...

FSC updates TMD template for fund managers

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... Obligation (DDO) regime and deficiencies in their TMDs. The updated FSC template is designed to address key compliance issues related to the DDO regime. FSC chief executive Blake Briggs said: "The DDO regime represents a transformative change in the ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... stakeholders' trust and get its fundamentals and governance right as it lays out a five-year plan to rectify ongoing issues. ASX managing director and chief executive Helen Lofthouse today unveiled the exchange's priorities in the near term at ...

AI in ESG: Risk or opportunity?

ROSE MARY PETRASS  |  MONDAY, 5 JUN 2023
... the widespread implementation of AI across various sectors. "AI is certainly being used in the market to help with ESG issues right now," said Jessica Cairns, head of ESG and sustainability at Alphinity. "There is an opportunity to use AI tools for ESG ...

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... inaccuracies." Once FINRA opened its investigation, Vanguard shortly self-reported to the regulator about other related issues. One issue is statements incorrectly identifying customer deposits as a market value increase instead of a cash deposit for ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
Mitrade Global has been hit with the first stop order to be issued under the design and distribution obligations' (DDO) failure to take reasonable steps provision, with the order relating to its distribution of contracts for difference (CFD). The stop ...

The Australian small-cap conundrum: VanEck

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... earnings growth are likely to be more of a feature of global small companies," he said. The paper also highlighted probability issues and said, the largest Australian small-cap sector is materials which when compared to the global index, is one of the ...