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Showing 11 - 20 of 24 results for "Senate Economics References Committee"

Senate inquiry into gender retirement income gap launched

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... (Labor), Sean Edwards (Liberal) and Larissa Waters (Greens) was supported by the Senate. The Senate Economics References Committee will investigate, among other issues, a 46.6% gap in superannuation at retirement between men and women. Deputy chief executive ...

IOOF chair calls for ASIC funding

ALEX BURKE  |  MONDAY, 3 AUG 2015
... funding to ASIC so the regulator can handle whistleblowers more efficiently. Speaking at the Senate Economics References Committee's Scrutiny of financial advice hearing in Sydney, Sexton defended his delayed response to whistleblower reports about IOOF ...

Labor now opposes advice Royal Commission

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
... victims, some of whom have lost their life's savings," Bowen said. "Labor is considering the Senate Economics References Committee inquiry into the Performance of ASIC and notes the ongoing work of it successor, the inquiry into Scrutiny of Financial ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... Xenophon and Sam Dastyari proposed a statutory financial advice victim insurance scheme at the Senate Economics References Committee's Scrutiny of Financial Advice inquiry on April 21. The potentially $50 million scheme would be self-funded by the industry ...

CBA advisers ran from ASIC

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... complicated by advisers resigning when the regulator began its investigation. Speaking at the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, he said that "People who know they have done wrong, once the investigation starts ...

NAB to take "leading role" in advice remediation

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
During the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, NAB chief executive Andrew Thorburn said the bank was prepared to take a "leading role" in addressing the compensation gap for victims of poor financial advice. ...

Digital currency continues to be monitored: RBA

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... terms of monetary policy and financial stability mandates. The RBA recently addressed a Senate Economics References Committee inquiry about digital currency and said it continues to monitor developments in the area. RBA head of payments policy Tony Richards ...

Hagger defends NAB advice, brushes off independent review

ALEX BURKE  |  MONDAY, 9 MAR 2015
... executive Andrew Hagger has defended the bank's internal advice review processes to the Senate economics references committee. When asked by the committee why only eight serious process breaches were reported to ASIC - despite recent document leaks revealing ...

Market Wrap AM

AAP  |  THURSDAY, 2 OCT 2014
... Malcolm Edey and head of financial stability Luci Ellis, are slated to appear before the Senate Economics References Committee inquiry into affordable housing. The Reserve Bank is also expected to release its annual report. The Australian Bureau of Statistics ...

ASIC far too slow to act on misconduct: Senator

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
... into Parliament for a Senate inquiry into ASIC, which passed with bipartisan support. The Senate Economics References Committee will be conducting the inquiry and its objective is "to see ASIC doing a better job" because "there is plenty of room for ...