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Showing 51 - 60 of 1033 results for %22June 16 issue%22

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
... fundraising and impact investing respectively, the term has been a point of contention with BlackRock chief executive Larry Fink in June calling the acronym "totally weaponised". "The chatter we've seen around anti-ESG in the US is forcing some good ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... of our members prefer to pay in the previous financial year in any case, for tax reasons." The FAAA announced that as of June 30, over 80% of eligible practitioner members had renewed across the AFA and Financial Planning Association (FPA). "That such ...

ASX provides clarity on CHESS replacement

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
... "ASX is currently in the process of assessing the respective proposals." Separately, ASX said it issued another RFP in mid-June to a panel of organisations to provide solution integration capability to support the delivery of the project. Responses to ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... accounts. Where we identify serious failures impacting consumers, we will take enforcement action where appropriate." As at June 2022, there were about three million people holding two or more superannuation accounts, a portion of which were people with ...

MSCI ponders reclassifying Nigeria, Egypt

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... Panama, Trinidad and Tobago, Bosnia and Herzegovina, Botswana, Bulgaria, Lebanon, Malta, Palestine, Ukraine, and Zimbabwe. On June 14 the Central Bank of Nigeria announced operational changes to the FX Market effective immediately. MSCI said it will ...

Former Capstone adviser in EU with ASIC

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... arrangements, an ASIC investigation found. Blackaby was licensed through Capstone Financial Planning from November 2016 to 16 June 2023. The ASIC Financial Adviser Register shows he has now ceased, with the terms of the undertaking being that he cannot ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... Super, with $193 million of Santos shares in its MySuper option, and UniSuper, with $95 million in its MySuper option as of June 2022, declined to comment. A CSIRO spokesperson said the science agency had been engaged by Santos to undertake a surveillance ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... terminated within nine months of completion. The provision also covers certain financial metrics to be achieved until 30 June 2026. Elanor announced in May that it was advised by Challenger that "one third party institutional mandate will not transfer" ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... time as the CHESS system in replaced," ASIC said. The ASX is set to respond to ASIC's first special report by the end of June. In July, it will publish results from conflict management review and governance statement. In the last quarter of 2023 ...

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... reflect the correct figures, they were inaccurate, and therefore, misleading," FINRA said. "From at least October 2019 to June 2021, certain VMC account statements inaccurately presented market appreciation/depreciation and investment returns. Additionally ...