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Showing 851 - 860 of 4963 results for "Practice"

Cbus overhauls climate change reporting

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
ASIC chair Joe Longo said the market regulator is currently investigating several listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
The prudential regulator has placed additional conditions on Insignia Financial's RSE licence over governance and risk management issues, including delaying the transfer member benefits to other funds. The additional conditions apply to IOOF Investment ...

Investment teams hire two men for every woman: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 2 NOV 2022
Men continue to dominate investment teams, with new insights showing that managers are hiring two males for every one woman. This, despite more than half saying they consider gender diversity a critical factor in investment decision-making. Consulting ...

Challenger appoints chief financial officer

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
... experience across Australia and the United Kingdom. She re-joins Challenger from KPMG, where she was a partner in the advisory practice, advising clients on how to navigate complex financial, accounting, and regulatory changes. Bell spent almost six ...

ASIC takes first action over greenwashing

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
ASIC has taken its first action for greenwashing against ASX-listed energy company Tlou Energy. Tlou has paid a total of $53,280 to comply with four infringement notices issued by ASIC over concerns about alleged false or misleading sustainability-related ...

ASIC finds shortcomings in wholesale market practices

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... effective in controlling misconduct in their fixed income activities. However, the regulator's observations of poorer practice found that often conduct risks weren't accurately identified in the fixed income business or were too broadly defined. Also ...

FSC adds to Life Insurance Code of Practice

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
Several new consumer protections will be added to the Financial Services Council (FSC)'s Life Insurance Code of Practice, including the industry's first guidelines on family and domestic violence, as well as new protections in the genetics moratorium. ...

4.3m Australians invest responsibly: Report

CASSANDRA BALDINI  |  MONDAY, 24 OCT 2022
One in five Australians over the age of 18 hold responsible investments in their portfolio, representing approximately 4.3 million people. Netwealth's Investing for good report shows that 22% of Australians are investing responsibly and the figure is ...

Advisory group appoints head of investment strategy

JAMIE WILLIAMSON  |  MONDAY, 24 OCT 2022
... already strong credentials of the Providence investment committee and our commitment to experienced professionals and best practice regarding investment management and asset allocation as custodians of our client's funds." "Leveraging off Marc's extensive ...