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Showing 141 - 150 of 900 results for "SMA"

Regulators to clamp down harder on greenwashing

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024  |  NEWS
Regulators are zeroing in on anti-greenwashing measures in the asset management sector, as well as tighter regulations on artificial intelligence (AI) and digital technology, according to a KPMG report. The report said that stopping companies from making ...

Misleading ads rampant for sustainability jobs

MICHELLE BALTAZAR  |  THURSDAY, 26 SEP 2024  |  NEWS
Beware of sustainability jobs promoted as managerial roles when they are broadly accounting roles by another name, warns a recruiter. The announcement this week from the Australian Accounting Standards Board (AASB) that it would make certain accounting ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024  |  NEWS
Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ...

Expect audit standards by Christmas

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
Climate reporting is set to become a standard part of accounting as audit standards are due for release in December, with all disclosures checked by the end of the decade. The Australian Accounting Standards Board (AASB) has finalised the standard explaining ...

Ultra rich bet on green energy for data

ROSE MARY PETRASS  |  FRIDAY, 20 SEP 2024  |  NEWS
Macquarie Asset Management (MAM) is expanding its local footprint in response to private wealth's hunger for clean energy and the global digital revolution. The asset management giant's Green Investments arm is now selling private market access ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024  |  NEWS
Superannuation being used for house deposits would push up home prices, undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by ...

Senate passes landmark climate reporting and net zero authority laws

ROSE MARY PETRASS  |  FRIDAY, 23 AUG 2024  |  NEWS
The finance industry welcomes new climate rules to empower investor decision-making and corporate action but urges no further delays in enforcement. Climate reporting will be mandatory for large entities from 1 January 2025, helping investors identify ...

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
Swiss Re says global insured losses from natural catastrophes hit $90.5 billion (US$60bn) in the first half of 2024, with severe thunderstorms accounting for two-thirds of that figure. Interestingly, the half was the second costliest on record for insured ...

Shareholders to say 'no' to gambling ads

MICHELLE BALTAZAR  |  TUESDAY, 13 AUG 2024  |  NEWS
Ethical investment groups Ethinvest and Future Group are backing an investor campaign to stop media giants Seven West and Nine Entertainment from running gambling ads. Ethinvest, a financial planning group, and Future Group, the parent company of super ...

Gender lens investing to receive $1.5bn injection

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
ANZ bank, fund manager Nuveen and the Australian Department of Finance and Trade (DFAT) are part of a steering committee backing Indonesia's move to raise $1.5 billion in gender-based capital by next year. The agreement was struck at a roundtable meeting ...