Super funds urged to save for a risky day

There is no regulatory obligation for funds
to hold a risk reserve, and Knox said this would be difficult to enforce: “It’s
going to be difficult to introduce regulations because funds [have] different
financial circumstances.”

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Australia’s greenwashing fix has a greenwashing problem

ASFI’s sustainable finance taxonomy was meant to make greenwashing harder. But with the framework now being piloted by a slew of asset owners, banks and rating houses, there are lingering questions as to whether it does the opposite.

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