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Showing 421 - 430 of 2539 results for "Minister"

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
... year, thanks to APRA's heatmap weeding out underperformers. MySuper's assets reached $812.2 billion, up 7.8%. The minister for superannuation, financial services and the digital economy Jane Hume said the balance is a clear indicator of the resilience ...

Possible delay for SG rise: Hume

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
... capital throughout their working life. Speaking at the Council on the Ageing (COTA) Australia's National Policy Forum, minister for superannuation, financial services and the digital economy Jane Hume reiterated the findings of the Retirement Income ...

CPP Investments chief steps down

KARREN VERGARA  |  MONDAY, 1 MAR 2021
... and announced the appointment of head of credit investments John Graham as chief executive immediately. Canada's Prime Minister Justin Trudeau is discouraging outbound international travel to curb COVID-19 transmissions, most recently suspending flights ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... that the industry trades off the public's fears of not having enough money in retirement, pointing to former Prime Minister Paul Keating as one example. Echoing Kay's points, he said too many Australians do not know about the support and services ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... services. The legislation also bans the deduction of ongoing advice fees from MySuper products. Treasurer Josh Frydenberg and minister for superannuation, financial services and the digital economy Jane Hume said the changes are an "important step in ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

Chief economist update: The vaccine has landed

BENJAMIN ONG  |  MONDAY, 22 FEB 2021
... 22 February 2021, will go down in Australian history as VAC (vaccine against covid-19) Day (although Australian Prime Minister Scott Morrison and Chief Medical Officer Paul Kelly and 84-year-old Polish aged-care resident Jane Malysiak, received their ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... parliament passes the Your Future, Your Super legislation. Fringe backbenchers will soon have the power to pressure the minister to ban any type of super fund investment they don't like," Dean said. "Mr Wilson and his small cabal of equally extreme ...

SMSFs primed for best financial interests duty

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... trustees there is a strong incentive already for trustees to act in their own financial best interest," Burgess said. The Minister for Superannuation, Financial Services and the Digital Economy Jane Hume briefly addressed the conference, saying that ...

Hume slams superannuation circus

KARREN VERGARA  |  MONDAY, 15 FEB 2021
... conflicting views from executives and industry bodies, which she says is the most "frustrating" part of her job. The Minister for Superannuation, Financial Services and the Digital Economy expressed her exasperation with the super industry's defiance ...