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Showing 161 - 170 of 703 results for "Senator"

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
... purported to professionalise the industry. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume flagged the single disciplinary body will not see its slated January 2021 launch. Instead, the disciplinary ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
A Liberal senator launched an attack against the superannuation industry, accusing the federal opposition of being communists and bowing to industry funds. A war of words broke out in the upper house yesterday when Liberals, who have been working for ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
... AMP, leading several other former employees to do the same. The account from the whistleblower was read to the Senate by Senator Deborah O'Neill, with parliamentary privilege shielding the whistleblower legally. A spokesperson for O'Neill told Financial ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... with the legislated increase to the superannuation guarantee, saying things have changed since it was decided upon, while Senator Jane Hume said she is ambivalent on the issue. Speaking at a press conference Prime Minister Scott Morrison said the government ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... politicians use the current environment opportunistically to grandstand on super," he said. "Funds were recently told by Senator Jane Hume that scrutiny and pressure to rationalise and evolve will be ongoing." Parametric has launched the Equity Agility ...

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... cut-off date will be tax deductible. Assistant minister for superannuation, financial services and financial technology, Senator Jane Hume said the amnesty allows employers to set things right without the fear of ATO retribution. "Super is a form of ...

It's your money: Hume calls out Keating

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
Senator Jane Hume has called out former Prime Minister Paul Keating over his criticism of the government's Early Release of Super scheme, calling him elitist. Taking to Twitter, Hume implied the former Prime Minister was part of an elite upper-echelon ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... BOLR-related cases for mediation on the back of more than 100 complaints, and calls for a review of AMP's behaviour by Labor Senator Deborah O'Neill. It also follows recent comments by AMP chief executive Francesco De Ferrari that the prevalence ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
At the Financial Services Council Life Insurance Summit Senator Jane Hume has said "fake news" about consumers losing life insurance due to the early release of super has irritated her. Hume said consumers would not lose life insurance policies held ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... ever peace-time budget deficit as the economic effects of COVID-19 are realised. Frydenberg and Minister for Finance, Senator Mathias Cormann revealed the economic toll while giving an economic and fiscal update. "The government has acted swiftly and ...