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Showing 51 - 60 of 176 results for "David Whiteley"

Bank super incentives 'unlawful': ISA

MARK SMITH  |  MONDAY, 23 MAR 2015
... and other incentives to employers in exchange for access to employees' superannuation," said ISA chief executive David Whiteley. "Yet there is no civil penalty for breach of section 68A of the Act to deter this behaviour. Furthermore, employees have ...

Hockey contemplates first home buyer access to super

LAURA MILLAN  |  MONDAY, 9 MAR 2015
... people's final benefits," ASFA chief executive Pauline Vamos said. Industry Super Australia (ISA) chief executive David Whiteley noted that "such proposals are completely at odds with the objective of encouraging Australians to build private savings ...

Law should stop banks "bundling" super: ISA

ALEX BURKE  |  MONDAY, 2 MAR 2015
... funds, which have on average historically produced lower net returns to their members," said ISA chief executive David Whiteley. ISA's argument is based on a UMR survey of 550 small and medium businesses, which revealed that 26% of employers had been ...

Consumers need super default safety net: ISA

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
... inquiry findings, bank-owned super funds are continuing a campaign to scrap the safety net," ISA chief executive David Whiteley said. Banks, he added, "want to bundle up business banking with their super products and sell this to employers. This could ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... trade unions and some industry funds." However, Industry Super Australia opposed the change, with chief executive David Whiteley saying: "Industry super funds are carefully and scrupulously overseen by trustee boards made up of employer and employee ...

Infra committee recommends ISA's inverted bid model

JAMES FERNYHOUGH  |  FRIDAY, 5 DEC 2014
... user charging, inverted bidding, promotion of infrastructure bonds, and capital recycling. ISA chief executive David Whiteley welcomed the standing committee's endorsement of the inverted bid model, saying: "The inverted bid model has now been widely ...

Super returns dip in September quarter

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... quarter, in which the Financial Services Council claimed retail funds outperformed industry funds. ISA chief executive David Whiteley said the results were consistent with industry funds' long-term outperformance of retail funds, and said it vindicated ...

Retail MySuper transition too slow: ISA

STAFF WRITER  |  TUESDAY, 11 NOV 2014
... leave members in higher fee products for several years when a lower cost product is available," ISA chief executive David Whiteley said. Whiteley's comments indicate how the battle between industry funds and the retail sector has re-ignited as the retail ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until they have delivered median returns ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
... in particular, fund members need this data to make informed decisions." Industry Super Australia chief executive David Whiteley also praised the move, saying: "A key component of APRA's regulatory oversight is the collection of information to ensure ...