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Showing 191 - 200 of 703 results for "Senator"

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... York financier and the Aussie strategic consultant is understood to have come via Sargon's director and former Labor senator Stephen Conroy. Conroy is believed to have engaged with Price last year to consider Sargon's future before the administration. ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
The prudential regulator has been questioned over super fund liquidity concerns by the Senate Economics Committee. Senator Andrew Bragg issued a letter to APRA putting the regulator on notice to answer a number of questions related to super funds. "I ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... so, sparking concern that those in genuine need will experience significant delays in getting their hands on the cash. Senator Jane Hume has slammed the polling, accusing ISA of seeking to undermine confidence in the scheme. Polling, commissioned by ...

No exclusions for frontline workers

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... pandemic risk exclusion," the FSC said. Assistant minister for superannuation, financial services and financial technology, Senator Jane Hume, welcomed the announcement. "Our frontline workers are doing an amazing job in this crisis, and it's vital that ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... really lucky. We're fully functional, we're good and we're ready," he said. Separately, Elia also responded to Senator Jane Hume's recent comments around super fund mergers, criticising funds that merge with other like funds. "Failure ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... that could happen, you've also got to say 'Well, what's the likelihood of that?'" He said questions recently raised by Senator Jane Hume into the risk implications of mergers between industry funds with similar membership cohorts are probably appropriate ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
Senator Jane Hume has denounced mergers between super funds with similar membership bases, saying concentrated memberships can make funds weak and smaller funds should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR ...

ATO to verify early release requests

ELIZA BAVIN  |  TUESDAY, 31 MAR 2020
Senator Jane Hume has confirmed the Australian Taxation Office will be responsible for verifying early release super requests. Hume, the assistant minister for superannuation, financial services and financial technology, told the AFR Wealth Summit the ...

Positives from the pandemic for advisers

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
... said. "Shadow Minister for Financial Services Stephen Jones has been vocal on this matter and Liberal Bert van Manen and Senator Amanda Stoker have also been highly critical of FASEA's conduct." He added that the honeymoon is over for the Prime Minister ...

US senators in alleged COVID-19 insider trading

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2020
A US senator who is married to the chair of the New York Stock Exchange is being accused of insider trading, having offloaded millions in stocks following private briefings on the likely impact of COVID-19 in late January. She is one of several senators ...