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Showing 31 - 40 of 61 results for "Financial Services Minister"

Super accounts on path for consolidation: Shorten

CLAIRE MCGREAL  |  WEDNESDAY, 22 FEB 2012
... over into active accounts once the Stronger Super reforms kick in on January 1, 2014 according to Financial Services Minister Bill Shorten. The Minister was in Melbourne this morning to launch a new Financial Services Council (FSC) and DST Global Solutions ...

Shorten locks down accountant timeline

ELISE BURGESS  |  MONDAY, 20 FEB 2012
Financial Services Minister Bill Shorten has committed to a two week deadline for legislation surrounding the role of accountants in the advice industry, in addition to reaffirming his plans to raise contribution caps. Speaking at the Self-Managed Super ...

Trio super victims receive compensation

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
... in APRA regulated funds who were defrauded of their superannuation in the collapse of Trio," said Financial Services Minister Bill Shorten. The Minister thanked local MPs who made strong representations on behalf of the super fraud victims who he said ...

FOFA debate due after PJC report: Shorten

CLAIRE MCGREAL  |  MONDAY, 6 FEB 2012
... not allowing the appropriate reporting time before the bill is opened up to the floor. However the Financial Services Minister has slammed the comments as a "bungle". "Experienced Members of the House of Representatives know programs that far in advance ...

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

Default super inquiry receives positive response

CLAIRE MCGREAL  |  MONDAY, 23 JAN 2012
... selection and ongoing assessment of default super funds has been broadly welcomed within the industry. Financial Services Minister Bill Shorten revealed on Friday that the Productivity Commission inquiry would start early next month and take up to eight ...

Industry welcomes Shorten's promotion

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
The new Industrial Relations and Financial Services Minister Bill Shorten said he's delighted his new promotion to Cabinet. Yesterday's reshuffle by the Prime Minister sees Shorten elevated to a senior ministerial position for the first time, while ...

AMP enhances super products

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
... Product Disclosure Statement (PDS) regime ahead of the government's deadline next year. It follows Financial Services Minister Bill Shorten's announcement earlier this year that PDS for all super products and simple managed investment schemes must only ...

Shorten rallies the troop to vote in favour of SG hike

CLAIRE MCGREAL  |  FRIDAY, 11 NOV 2011
Financial services minister Bill Shorten has praised all sectors of the superannuation industry for their willingness to "negotiate and compromise" on reform, despite their traditional differences. In an impassioned speech to ASFA delegates, the assistant ...

Chi-X and ASX go head to head

CLAIRE MCGREAL  |  MONDAY, 31 OCT 2011
... vital for the development of Australia as a financial services centre," said Treasurer Wayne Swan and Financial Services Minister Bill Shorten in a joint statement. "The launch of an alternative exchange was a key recommendation of the Johnson report ...