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Showing 651 - 660 of 1911 results for "disclosure"

Fossil fuel exposures climb at UniSuper

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
The $80 billion superannuation fund is more exposed to companies involved in fossil fuels than it was a year ago, according to its second annual climate risk disclosures released yesterday. At June end, UniSuper had 12% of its exposures in companies ...

NAB accused of greenwashing

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
National Australia Bank has been accused in no uncertain terms of greenwashing. Activist group Market Forces said NAB's new climate policy, released as part of its latest Sustainability Report, is "little more than greenwash and a recipe for climate ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... with the requirement to offer the customer the option of having the information required to be included in the Product Disclosure Statement (PDS) for Simple Life read to them prior to the offer or issue to sell the product. In 14 of the 87 calls charged ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... Chester added it was time to "call time" on disclosures as the default for consumer protection, saying that mandated disclosure and warnings have often failed to deliver the intended consumer outcomes, or in some cases have even caused consumer harm. ...

ASIC to survey whistleblower policies

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
ASIC plans to survey whistleblower policies of a sample of companies next year. The regulator said it plans to review the selected companies compliance with the legal requirements outlined in the new whistleblower protection laws. This comes as ASIC ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... and Exchange Commission (SEC) has issued a call for input from investors and market participants on the asset-level disclosure requirements for residential mortgage-backed securities (RMBS). SEC chairman Jay Clayton explained that the SEC adopted significant ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... Australian Council of Superannuation Investors to engage with the companies and entities we invest in, and to improve disclosure of climate change risks and opportunities," the Rest spokesperson added. The real consequences the case could have for the ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... Masterkey Personal Super members had a right to turn off the Plan Service Fee and broke the law by issuing defective disclosure documents, ASIC said. While MLC Nominees and NULIS have already agreed to remediate impacted members, a letter from lawyer ...

Super investment menus not what they seem: Rice Warner

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... Obligations and Product Intervention Powers) Bill 2018 passed in April 2019 new requirements for product design and disclosure have come into effect. These requirements mean super funds have to ensure products are targeted and provided only to customers ...

ASIC called out over super fund disclosures

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... commencement date and time to finalise their reporting processes and disclosures," ASIC said. The portfolio holdings disclosure requires most Registrable Superannuation Entities licensees to publish information about their fund's portfolio holdings ...