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Showing 11 - 20 of 23 results for "Andrew Leigh"

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... ticket clipping and maximising the bottom line above putting the interests of members first. Deputy chair and MP Andrew Leigh broached the notion: "How does a for-profit fund adhere to the best financial interests duty? This is straightforward for an ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... ASIC and its vital purpose to build a fair, honest and efficient financial system for all Australians." Labor MP Andrew Leigh asked what the rationale was behind Shipton stepping aside but not Crennan. Crennan responded that he has offered to repay the ...

ERS sees Cbus members forfeit TPD cover

ANNABELLE DICKSON  |  FRIDAY, 11 SEP 2020
... concept of preservation is essential to creating a long, higher balance at retirement." Deputy chair of the committee Andrew Leigh questioned how Cbus members would be affected if the legislated 12% increase to the super guarantee does not come to fruition. ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... so we believe we will have to continue to support tenants well into 2021," Browning said. Committee deputy chair Andrew Leigh then questioned Browning on the valuations applied to retail properties, saying that he doesn't feel the severity of COVID-19's ...

Catherine Brenner case dropped

ELIZABETH MCARTHUR, ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... that ASIC is investigating more than five but less than 50 matters in relation to AMP. Deputy chair of the committee Andrew Leigh asked Crennan how many investigations into AMP ASIC is currently pursuing. "There's a significant number of matters," Crennan ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... Ferrari was questioned, with some hostility, by the House of Representative Standing Committee on Economics. Labor MP Andrew Leigh noted during the committee hearing that AMP's share price had slid dramatically since the Royal Commission. "You used to ...

AMP approved product list under fire

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
... are beholden to have come under fire from the House of Representatives Standing Committee on Economics. Labor MP Andrew Leigh questioned AMP chief executive Francesco De Ferrari on how the institution has changed since the Royal Commission. Leigh acknowledged ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... funds within five business days after the member is approved for early release by the Australian Tax Office. Labor MP Andrew Leigh expressed concern that chair of the commission Liberal MP Tim Wilson was only enquiring about conflicts of interests in ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... insurance sector, ClearView managing director Simon Swanson responded to a series of questions levelled by Labor MP Andrew Leigh about exemptions for suicide in the firm's life insurance policies. After explaining that suicide is excluded for the ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... of superannuation funds," Silk said. "They're interested in a fund that maximises returns and as you [deputy chair Andrew Leigh] say the Productivity Commission review - which was the most authoritative and comprehensive review that's ever been undertaken ...