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Showing 11 - 20 of 38 results for "Labor MP"

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... Francesco De 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. ...

AMP approved product list under fire

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
... financial advisers 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. ...

AFA, FPA share bleak view of industry

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... compliance requirements. The associations also faced questioning on the FASEA exam and the participation rate.Following that, Labor MP Daniel Molino referred to the FASEA exam as "basic", saying that it concerns him that only 7000 financial advisers ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... by super 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 ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... into the life 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 ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... for this with their local MP and to the AFA for their joint advocacy," De Gori said. At the second reading of the bill, Labor MP Stephen Jones referred to FASEA as having three chief executives in its first 18 months and said that consultation with the ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... administration, product development and related services. AMP's response came on the back of a question from Victorian Labor MP Daniel Mulino, who asked the wealth manager to demonstrate how its fundamental relationships had shifted since the Royal Commission ...

Complexity equals risk: IOOF chief

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... Renato Mota said the firm's former complex organisational structure was responsible for additional risk. Asked by Labor MP Daniel Mulino whether IOOF's super business had a more complex structure than other superannuation funds, Mota agreed ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... October 2019, and to members with balances under $6000. The bill was the subject of significant debate in the House, with Labor MP Emma McBride taking the opportunity to hit the Coalition over the recent agitations of a number of government MPs toward ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
The government's upcoming retirement income review is open to consider any and all policy options, including the possibility of making contributions voluntary. Speaking to journalists yesterday, Prime Minister Scott Morrison revealed the retirement ...