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Showing 621 - 630 of 1909 results for "Disclosure"

Super funds snub millions of Aussies

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... essential service." "Customer enquiries typically involve reasonably complex discussions regarding contracts, product disclosure statements and other financial or technical scenarios that are often hard to clearly communicate or understand even between ...

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... appropriately price climate change risks. "This needs to ultimately be tackled through scenario analysis, stress testing and disclosure of market-useful information," APRA said. Those that participated in the climate change survey have now gone through ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
Wells Fargo will fork out $4.5 billion to resolve the fake account scandal that has continued to rattle the world's fourth largest bank since 2016. The $4.5 billion (US$3 billion) settlement with the Securities and Exchange Commission (SEC) and ...

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
Franklin Resources, trading as Franklin Templeton, has entered into a $6.7 billion agreement to acquire Legg Mason, creating a $2.24 trillion investment powerhouse. Under the agreement, which was unanimously approved by both boards, Franklin Templeton ...

Custodial excellence recognised

HARRISON WORLEY  |  WEDNESDAY, 12 FEB 2020
... group, pointing to his close involvement in the preparation and submission of industry responses to two new separate disclosure requirements, infrastructure and media ownership. "This work has involved ACSA engaging with two new regulatory bodies, the ...

Super fund reveals ASX 100 equality laggards

ALLY SELBY  |  TUESDAY, 11 FEB 2020
After admitting its own gender pay gap has grown in the last 12 months, Future Super has ranked the S&P/ASX 100 from best to worst when it comes to gender equality in the workplace. The Gender Equality Report also recommended changes the Aussie businesses ...

Climate risk should be integral to business: Report

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... issues will find the market will pass them by," Motto said. In response, the institute released a climate change risk disclosure, meant as a practical guide to managing climate risks for business. Motto said directors, governance and risk professionals ...

Super fee obsession must stop

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... fees and costs, instead of after-fees returns. AIC is recommending the government enhance policy settings, including disclosure requirements for superannuation funds that encourages members to focus on their net retirement income, rather than fees. "The ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
New insights from Rice Warner claim product disclosure statements are weak in their ability to actually inform or protect consumers. Last year's report from ASIC on the matter said: "The over-reliance on disclosure in some ways proved an enabler of ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... Contracts Act would also be amended so that an insurer may only avoid a contract of life insurance on the basis of non-disclosure or misrepresentation if it can show that it would not have entered into a contract on any terms. Treasury said of this point ...