transparency

Funds management

Australia urged to improve fund transparency

Australia has been described as one of the worst countries in the world for transparency of portfolio holdings as clients and the regulator seek more information on susta...

Funds management

ASX 50 companies fall behind global peers for ESG transparency

An assessment of the largest 197 companies on four major stock exchanges found Australian companies’ reports were less transparent than those from Europe and Asia....

Funds management

CFA Institute promotes transparency with new ESG standards

CFA Institute has announced its exposure draft on global environmental, social and governance disclosure standards for investment products, aimed at promoting transparenc...

Funds management

Aussie investors look to CEOs for financial accountability

Institutional investors hold chief executives responsible when there are errors in a firm’s financial reporting, not the chief financial officer, according to research. ...

Superannuation

Super data needs to be risk-based

Digestible investment risk data for superannuation funds needs to be standardised by APRA to help members compare apples with apples, according to AMP. ...

Financial planning

Adviser Ratings launches crowd funding campaign to improve transparency

Adviser Ratings has launched a crowd funding campaign to help improve the institutional conduct and transparency in the wealth management industry....

Financial planning

Greater transparency urged on super fund adviser fees

Greater transparency will help address anomalies in the way in which superannuation fund salaried financial advisers are paid from administration and investment fees, acc...

Financial planning

Impact bonds fall short of sustainability standards

Impact bonds are falling short of minimum standards for sustainability, according to global asset and risk manager, Insight Investment....

Superannuation

AIST welcomes ASIC’s decision

The Australian Institute of Superannuation Trustees has welcomed the Australian Securities and Investment Commission’s announcement with regards to a longer transition pe...

Funds management

Australian funds should embrace mandatory transparency

The chairman of Vanguard, Bill McNabb has cautioned Australian funds against resisting transparency with respect to costs and performance....

Life/Risk

Lawyers urge RC to inject more transparency into insurance

The Australian Lawyers Alliance wants the Royal Commission to inject more transparency into insurance within superannuation to create awareness of sub-standard policy ter...

Policy & Regulation

Life insurer claims data provision made mandatory

Life insurance companies are now under a legal obligation to provide consistent data on claims and disputes to the Australian Prudential Regulation Authority and the Aust...

Funds management

Asset managers need to improve communication

Easily written and understood content is a must for asset management firms wanting to improve customer engagement....

Financial planning

Transparency vital in digital advice

Digital advice providers must be transparent on the scope and limits of their services to clients, while their algorithms should account for all costs and tax implication...

Financial planning

Differing rules on direct property ‘astounding’

Despite moves to make the advice industry more transparent, it was surprising that direct property was still not a financial product, according to financial planner Lisa ...