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Showing 31 - 40 of 98 results for "Senators"

US Senate votes down adviser fiduciary rule

ALEX DUNNIN  |  TUESDAY, 31 MAY 2016
... saying: "It's just another example of the wet blanket, the regulatory approach of the Obama Administration." Democrat senators responded, however, arguing the fiduciary rule would level the playing field between investment institutions and consumers. ...

Public sector retirees still seek answers

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
... Australian Senator Rachel Siewert also said in June that 65% of those on a defined benefit income will not be affected. Both Senators supported the cap but expressed concerns over a lack of consultation with potentially affected parties.

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
... Australian Senator Rachel Siewert also said in June that 65% of those on a defined benefit income will not be affected. Both Senators supported the cap but expressed concerns over a lack of consultation with potentially affected parties. The cap's introduction ...

Super governance saga continues

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
... and the Australian Institute of Superannuation Trustees (AIST) announced they had struck a deal with four crossbench Senators that would most likely vote down the legislation that proposes a third of independent directors on super fund boards. Both ISA ...

Governance bill loses Senators' support

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
... Australian Institute of Superannuation Trustees (AIST) have shown their weight in Canberra by convincing four crossbench Senators to vote down the superannuation trustee governance bill in parliament. It is reported the federal government will need six ...

Labor opposes super trustee governance bill

DARREN SNYDER  |  TUESDAY, 10 NOV 2015
Labor senators Sam Dastyari and Chris Ketter have dissented from a report recommending the bill on superannuation trustee governance be passed in the Senate today. The dissenting senators believe the bill "blindly conflates and confuses trustee governance ...

ASIC grilled on whistleblower compensation

LAURA MILLAN  |  MONDAY, 9 NOV 2015
... protection, but to broader actions that ASIC is working on. He said the regulator is talking to the government and reminded Senators that the government has already announced it will be looking at penalties for corporate crime. ASIC is also looking at ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... and role of Australia's financial regulator is under the spotlight after one of its senior officials briefed crossbench senators on proposed superannuation trustee legislation. Australian Prudential Regulation Authority (APRA) member Helen Rowell told ...

Senate inquiry into gender retirement income gap launched

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... reviewed by March next year after the Senate was instructed to conduct an inquiry yesterday. A cross-party motion by Senators Jenny McAllister (Labor), Sean Edwards (Liberal) and Larissa Waters (Greens) was supported by the Senate. The Senate Economics ...

Glass-Steagall Act reintroduced to US Senate

ALEX DUNNIN  |  THURSDAY, 9 JUL 2015
... activities has been re-introduced into the US Senate. The legislation has been sponsored by GOP, Democrat and Independent Senators Elizabeth Warren, John McCain, Maria Cantwell and Angus King. A statement issued by the fiercely pro-consumer and Wall ...