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Showing 151 - 160 of 703 results for "Senator"

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... how good the Future Fund is at picking external managers or beating the benchmarks in individual asset classes. Labour Senator Tim Ayers honed in on the asset-class-specific fee spend at the budget estimates hearings this morning. "Can you go through ...

Stapling equals accountability: Hume

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Senator Jane Hume said the newly-proposed stapling initiatives will force superannuation funds to take better accountability and create a new level of engagement with members. The Assistant Minister for Superannuation, Financial Services and Financial ...

Sexual harassment rife in financial services: O'Neill

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
Labor Senator Deborah O'Neill has said the sexual harassment of women is rife within the financial services industry, not just at AMP. Speaking to the Financial Services Council at a virtual event, the Senator said she was disturbed after hearing ...

Advice reforms to be legislated: Hume

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... set to be legislated by mid-2021. Speaking at the 2020 Association of Financial Advisers Vision Conference this morning, Senator Jane Hume said the government agreed with the Hayne recommendation for the single disciplinary body and believes it will ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

Several black holes in budget

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
... these measures do not help charities, or the people and communities they support, the organisations said. South Australian senator Sarah Hanson-Young said the arts and entertainment industries were massively overlooked as they are one of the hardest ...

ERS extension flagged, criticised

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Industry Super Australia (ISA) has called for the end of the government's Early Release of Super scheme after Senator Jane Hume signaled the possibility of a third tranche. The assistant minister for superannuation flagged the possibility last night ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
Senator Andrew Bragg is calling for greater scrutiny of how superannuation funds spend members' money, slamming the system that has enjoyed three decades of unquestioned opacity. Appearing at an Association of Superannuation Funds of Australia event ...

Amnesty unearths $588m unpaid super

KARREN VERGARA  |  MONDAY, 21 SEP 2020
... superannuation, with many coming forward before the September 7 Superannuation Guarantee Amnesty deadline. The office of Senator Jane Hume, Assistant Minister for Superannuation, Financial Services and Financial Technology, confirmed to Financial Standard ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... to licensees, short notice periods provided to licensees exiting the business and restraint of trade provisions." Labor senator Deborah O'Neill has called for an inquiry into the treatment of AMP advisers. She said AMP terminated businesses of 250 advisers ...