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Showing 21 - 30 of 39 results for "Senate Economics Legislation Committee"

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
... positions on the Government's latest round of superannuation reforms. In submissions to the Senate Economics Legislation Committee on the Putting Members' Interests First Bill that riled AustralianSuper earlier in the week, the Association of ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... Laws Amendment (Putting Members' Interests First) Bill 2019 in a submission to the Senate Economics Legislation Committee, AustralianSuper head of insurance product Richard Land said the bill's implementation deadline is too short and will leave ...

APRA to boost staff numbers

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
... around 100 more permanent staff after its funding boost. In a planned statement to the Senate Economics Legislation Committee, APRA chair Wayne Byres revealed the prudential regulator is looking to hire 100 more permanent staff and hinted at a new enforcement ...

'Best in show' a no go: KPMG

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
... APRA-regulated funds has dropped from 2149 to 2004. Last week APRA chair Wayne Byres told the Senate Economics Legislation Committee the regulator has "upped the ante" over the past year in identifying underperforming funds and challenging trustees to ...

More consolidation to come: APRA

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
... could also be headed for the exit door, APRA chair Wayne Byres said. Appearing before the Senate Economics Legislation Committee yesterday, Byres said the regulator has "upped the ante" over the past year in identifying underperforming funds and challenging ...

Socio-economics dictate insurance needs of young Aussies: Insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
... minimum age for providing automatic default life insurance cover. In its submission to the Senate Economics Legislation Committee, TAL said the circumstances of young people vary significantly across different population and socio-economic demographics ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
... superannuation governance, transparency and member outcomes. APRA deputy chair Helen Rowell told the Senate Economics Legislation Committee aiming to address weaknesses in the superannuation regulatory framework that increasing APRA's power and control ...

Senate committee files views on super objective

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
... behind the Superannuation (Objective) Bill may soon be debated in the Senate, following a Senate Economics Legislation Committee report filed on Tuesday. Committee chair, Senator Jane Hume, told Financial Standard that after considering all positions ...

Super fund governance bill enters final debate

DARREN SNYDER  |  MONDAY, 30 NOV 2015
... attracted a lot of criticism and it was a "big concern" to him. He said Treasury told the Senate Economics Legislation Committee that the equal representation model had lost its utility and was now detrimental to governance. Muir said a submission from ...

Labor opposes super trustee governance bill

DARREN SNYDER  |  TUESDAY, 10 NOV 2015
... independent directors, and appoint an independent chair. Liberal senator Sean Edwards chaired the Senate Economics Legislation Committee and prepared the final report. "The committee is of the view that the bill contains provisions designed to ensure ...