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Showing 851 - 860 of 4133 results for "Conduct"

NGS Super divests oil, gas producers

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
NGS Super has divested from more than $190 million in oil and gas exploration and production companies, predominantly Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon ...

Super fund climate risk assessment results released

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
APRA has published the findings of a voluntary climate risk self-assessment survey conducted across the entities APRA regulates. Sixty-four medium to large institutions responded to the survey, which was designed to provide insights into how institutions ...

Adviser banned over early release scheme

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... the early release of super, but it also resulted in their SMSFs not satisfying the Sole Purpose Test. "Mr Simeone's conduct demonstrated he was not adequately trained or competent, was not a fit and proper person and was likely to contravene a financial ...

How super should be using technology: KPMG

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
... protections in digital services," KPMG said. To do so, KPMG proposes funds should adopt a Privacy by Design approach and conduct Privacy Impact Assessments at the design states of technology solutions. Further, KPMG added: "Funds should provide adequate ...

Portfolio holdings disclosure rules "feeblest on the planet": Report

JAMIE WILLIAMSON  |  FRIDAY, 29 JUL 2022
... requirements in other global markets". "More-granular disclosures and identifiers would have allowed portfolio constructors to conduct deeper analysis to better support end investors in reaching their investment goals. There is no way that individuals ...

UK regulator confirms Consumer Duty

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
The Financial Conduct Authority has outlined how a new Consumer Duty will improve customer service across the UK's financial services sector, including ending "rip-off" fees and putting consumers' needs first. The Duty comprises an overarching principle ...

ASIC issues first DDO stop orders

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... are not doing the right thing and there is potential for consumer harm, ASIC can now take quick action to disrupt poor conduct and prevent harm," ASIC deputy chair Karen Chester said. She added that the industry has had sufficient time to implement the ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... Chalmers announced that a three-member panel of independent experts from Australia and overseas have been appointed to conduct the review. The panel members are Bank of England Financial Policy Committee external member Carolyn Wilkins, ANU interim director ...

No investment case for alternative meat just yet: Nanuk

CHLOE WALKER  |  WEDNESDAY, 20 JUL 2022
Nanuk Asset Management's chief investment officer Tom King says the growing desire to eat less meat has driven strong category growth for plant-based meat alternatives, but the investment case still isn't there. According to King, the trend of eating ...

$150m capital overlay no more for Allianz Australia

CHLOE WALKER  |  FRIDAY, 15 JUL 2022
... Allianz committed to rectifying its issues through a series of transformation programs related to risk maturity, compliance, conduct and culture. Satisfied that Allianz has now completed the transformation programs, APRA removed the remaining additional ...