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Showing 671 - 680 of 1909 results for "Disclosure"

Short-seller targets infant formula importer

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
Short-seller Blue Orca is targeting an importer of infant formula from Australia for falsely claiming its products are safe for lactose intolerant babies. Ausnutria, a company that imports infant milk formula from Australia, New Zealand and Europe for ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
... was terminated. ASIC also asked for the names of policies and procedures used by individual platforms to prepare fee disclosure statements and monitor and audit compliance with fee disclosure obligations. This included requiring platforms to disclose ...

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
The $154 billion sovereign wealth fund voted against equity grants to Pinnacle Investment Management's managing director Ian Macoun and two executive directors, a summary of its proxy voting for FY19 shows. Future Fund was happy to support re-election ...

Clime Capital settles class action

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... resources and infrastructure sectors. Clime alleged between 16 April 2014 and 5 November 2014, UGL breached its continuous disclosure obligations by not being transparent about the delays and rising project costs related to its Ichthys power project. ...

Super trustees to formulate whistleblower policies

KARREN VERGARA  |  MONDAY, 12 AUG 2019
The corporate regulator is expecting superannuation trustees to have whistleblower policies in place 1 January 2020. ASIC is broadening the whistleblower regime introduced on 1 July 2019 in an effort to reform to the corporate sector. It is proposing ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... perilous," it said. "BlackRock must invite greater investee board and public engagement scrutiny, implement climate disclosure across its entire US$6.5 trillion portfolio, and use its advantaged position to influence investor choices."

Workplace deaths missing from ESG reports: ACSI

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
Companies should disclose workplace safety issues and fatalities in their ESG reporting to improve transparency and identify systemic risks, according to the Australian Council of Superannuation Investors (ACSI). That was a key takeaway from the council's ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... recommended high risk investments contrary to clients' risk appetites and failed to provide statements of advice, product disclosure statements or fee disclosure statements. ASIC found Michael engaged in unlicensed financial advice beyond the cessation ...

Suncorp responds to shareholder resolution

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
Suncorp has given notice of the resolutions that will be considered at its annual general meeting, including a request to disclose exposures to fossil fuels. The shareholder request was sponsored by activist group Market Forces on behalf of 100 Suncorp ...

BetaShares launches FTSE 100 ETF

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
... hence, the AUD value of the assets will increase or decrease with exchange rate fluctuations, according to the product disclosure statement. BetaShares is now the third-largest ETF issuer in Australia, behind Vanguard and BlackRock and ahead of State ...