Ten forestry companies unite to address climate change

Ten major forestry companies – responsible for overseeing nearly 9 million hectares (22 million acres) of forests across 27 countries – have united as the International Sustainable Forestry Coalition to address climate change, biodiversity loss, and deforestation. 

Super fund execs face deferred bonuses as FAR laws pass

Parliament yesterday passed legislation to implement the so-called Financial Accountability Regime. Under the new rules, superannuation and insurance executives will be required to act with honesty and integrity, while 40 per cent of some large variable bonuses will be deferred. Breaching them could result in disqualification or even individual civil penalties.

Canva is just the beginning of private equity scrutiny

Regulators around the world, including the Australian Prudential Regulation Authority, are right to be closely monitoring the multitrillion-dollar surge of investors into private assets over the past decade. Criticism over local funds’ investment in tech darling Canva follows a spate of private equity transactions that have raised important asset allocation questions.

Spark Financial partners with sustainable investment firms

National dealer group Spark Financial has partnered with platform Oko Advisers and client software Voyant to help its financial advisers offer sustainable investment options and enhance their ability to manage practice finances effectively.