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Showing 1021 - 1030 of 3377 results for "Committee"

Wealth giants shrink advertising budgets

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
... wealth companies have largely cut back on their advertising spends over the past five years, documents from the Standing Committee on Economics show. Colonial First State, which is currently facing two class actions, spent only $1.68 million on its campaigns ...

Regulation costly, time consuming: CSIRO

ELIZA BAVIN  |  FRIDAY, 17 JAN 2020
... CSIRO has recommended a more lenient approach to regulation in the corporate world in a submission to the Senate Select Committee on Financial Technology and Regulatory Technology. The science body noted that Australia's strong regulatory environment ...

HESTA names chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 16 JAN 2020
... also served as a director of the Climate Bonds Standards Board and as co-chair of the UN PRI Infrastructure Advisory Committee. HESTA chief executive Debby Blakey said the fund was fortunate to have a strong internal candidate to lead compliance and ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... with Royal Commission recommendations. Steve Schubert has been appointed the chair of MasterKey and Plum Investment committee. He was Russell Investments' managing director of superannuation for a period. He has also worked as a Mercer partner and ...

ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
The Australian Securities and Investment Commission has told the House of Representatives Standing Committee on Economics that SMSF's below $200,000 have a negative return on assets. Providing the most recent data from the ATO, ASIC answered the question ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... demand for the global stablecoin anyway. That's according to the RBA'S latest submission to the Senate Select Committee on Financial Technology and Regulatory Technology, which outlined the central bank's position on global 'stablecoins' ...

Sunsuper welcomes new board directors

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... Throughout her career she has been an advocate for gender diversity in business, formerly chairing the ACTU Women's Committee. Mark Goodey also joins the Sunsuper board as a director. Goodey is currently the chief financial officer for the Australian ...

ASIC claims to support robo-advice

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
In a submission to the Select Committee on Financial Technology and Regulatory Technology, ASIC has claimed it is "supportive" of robo-advice, though harbours concerns around its ability to meet the best interests duty. The regulator said it has met ...

IOOF identifies 67 high risk advisers

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
Embattled wealth manager IOOF has told the House of Representatives Standing Committee on Economics that it has identified 67 "higher risk" financial advisers within its business. The number comes as IOOF fronts the committee to answer questions previously ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... funds. Responding to a question on notice from its November appearance before the House of Representatives Standing Committee on Economics, AMP revealed its simplified wealth management arm will see it aim to close superannuation trustee AMP Superannuation ...