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Showing 441 - 450 of 2563 results for "Minister"

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... marketing expense and its effectiveness in acquiring new members, claiming other super funds might learn from it. The minister for superannuation, financial services and digital economy Jane Hume has warned that the imminent BFID law will make it harder ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... management and 1.4 million members, while QSuper has about $120 billion and 600,000 members. Queensland treasurer and minister for investment Cameron Dick said the government had ensured the interests of fund members would be protected through the merger ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
Former Prime Minister Malcolm Turnbull has turned on his former colleagues, Tim Wilson and Andrew Bragg, saying their proposal to give people access to super to spend in the housing market is "just wrong". Speaking with Industry Super Australia chair ...

MetLife appoints former Premier

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... Wales (from 2008 to 2009). He has also worked at both the Commonwealth and State (NSW) levels, as policy adviser and minister. In his new role at MetLife Rees will be responsible for working with government and regulators to help MetLife, and its business ...

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. ...