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Showing 281 - 290 of 524 results for "Independence"

ASIC bans another SMSF auditor

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
... from providing services to self-managed superannuation funds. Based in Sydney, Abe Samuel was found to have breached independence requirements by the regulator, specifically by auditing a fund of which he was a member and the director of its corporate ...

Labor opposes super trustee governance bill

DARREN SNYDER  |  TUESDAY, 10 NOV 2015
... on to say an alarming majority of submissions expressed concerns at the ambiguous and prescriptive definition of "independence" contained in the bill. If passed, the bill will require all super funds regulated by the Australian Prudential Regulation ...

Super trustee bill before the Senate

DARREN SNYDER  |  MONDAY, 9 NOV 2015
... will apply internationally accepted standards of governance to super funds that have yet to adopt the principle of independence voluntarily. "This legislation is balanced and sensible. While mandating that one-third of the board be independent, the draft ...

Club Plus Super increases women on trustee board

DARREN SNYDER  |  FRIDAY, 6 NOV 2015
... Anthony Ball said the appointments bring substantial expertise, skills and experience to the board "and valuable independence that will help the fund flourish in changing and challenging times." "[They] are leaders in their respective professional fields ...

CBA whistleblower flags unfair compensation

ALEX BURKE  |  THURSDAY, 29 OCT 2015
... to the news on October 28, saying, "We reject allegations presented to the Senate Inquiry today and stand by the independence and integrity of the Open Advice Review program. We welcome scrutiny of the program and have today invited all Committee members ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
The independence and role of Australia's financial regulator is under the spotlight after one of its senior officials briefed crossbench senators on proposed superannuation trustee legislation. Australian Prudential Regulation Authority (APRA) member ...

Treasurer open to all ideas on super

DARREN SNYDER  |  TUESDAY, 27 OCT 2015
... those changes in people's lives. "There are many different pathways to get to where we want them to get to which is independence in retirement and the system at the moment can be quite rigid."

Governance Institute pulls support for super bill

LAURA MILLAN  |  THURSDAY, 15 OCT 2015
... Institute's submission to the Senate Economics Committee argues that a legislative solution to the issue of board independence "will have unintended consequences, is unlikely to be effective and should be replaced by a principles-based approach to assessing ...

Retail funds cheer super board governance bill

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
... Superannuation Trustees (AIST) executive manager of governance Eva Scheerlinck said: "Under the proposed definition of independence, most directors would be drawn from organisations and companies within the finance sector that many funds have strong ...

APRA trustee reforms, definition of independence yet to be finalised

ALEX DUNNIN  |  TUESDAY, 1 SEP 2015
... detailing the government's proposals for more independent trustees on super fund boards while conceding the definition of independence is yet to be finalised. The proposed changes to trustee operations have divided the superannuation industry because ...