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Showing 141 - 150 of 703 results for "Senator"

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... government bodies take over its remit. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume announced on December 9 that the standard-setting aspect of FASEA will be swallowed up by Treasury. Asset consultant ...

Government to wind up FASEA

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... government bodies take over its remit. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume announced on December 9 that the standard-setting aspect of FASEA will be swallowed up by Treasury. Its remaining ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... the draft law states. While the legislation did not go into further detail about what is deemed inappropriate spending, Senator Jane Hume flagged at a recent industry event that regulators will frown upon donations to political parties, peak bodies and ...

Why has ASIC still not got a chief executive?

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... to a stronger internal governance structure, its acting chair Karen Chester has told the ASIC expenses enquiry. Liberal senator James Patterson, who is chairing the enquiry into ASIC expenses, asked Chester why the regulator hadn't appointed a chief ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... chair Daniel Crennan. At the parliamentary joint committee on corporations and financial services, chair of the committee Senator James Paterson asked auditor general Grant Hehir about the relocation expenses ASIC paid Shipton and Crennan, and about ...

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
Senator Jane Hume is cracking down on how superannuation funds spend members' money and subjecting them to the same stringent reporting and disclosure requirements as publicly-listed companies. The Minister for Superannuation, Financials Services ...

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... ANAO's present position. It's not relating to the prior year's concerns related to the rental payment," she said. Labor Senator Jenny McAllister asked Chester if Crennan understood the concerns about the rental payments from significantly earlier. Chester ...

Financial crime victims fume at Shipton, Crennan

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... finding "time to submerge his own head in the trough allegedly at taxpayer expense". VOFF secretary John Telford wrote to Senator Penny Wong informing her that VOFF's activism in relation to the Trio Capital fraud had been ignored by Shipton. He said ...

Daniel Crennan resigns

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... deputy chair Daniel Crennan has resigned following revelations his remuneration exceeded the regulator's salary cap. Senator Mathias Cormann tabled a statement from Crennan during Senate Estimates this morning at the request of Treasury. "In October ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... second-best-paid commissioner at $604,106, followed by John Price at $582,3094 and Danielle Press with $575,724. Taking to Twitter, Senator Andrew Bragg said it's time for a clean out at the regulator. "Too many commissioners. It's unclear who ...