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Showing 31 - 40 of 146 results for %22House of Representatives Economics Committee%22

AMP approved product list under fire

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
The approved product lists AMP financial advisers are beholden to have come under fire from the House of Representatives Standing Committee on Economics. Labor MP Andrew Leigh questioned AMP chief executive Francesco De Ferrari on how the institution ...

AFA, FPA share bleak view of industry

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
The Association of Financial Advisers and Financial Planning Association of Australia have appeared before the House of Representatives Standing Committee on Economics, sharing austere views of the financial advice industry. AFA general manager, policy ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... damage to our economy." This is what Powell stated in his prepared remarks before the Committee on Financial Services if the House of Representatives. However, Powell also warned that: "While this bounceback in economic activity is welcome, it also presents ...

ISA plays devil's advocate on SG

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... in some part by workers, with employers taking the rest of the impact. The research, submitted to the Tim Wilson-chaired House of Representatives Standing Committee on Economics, attempted to put an end to the arguments of ISA's adversaries in the ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
At a hearing of the House of Representatives Standing Committee on Economics that was supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism. APRA had advised that early ...

Renewed scrutiny for ME Bank

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Liberal MP Tim Wilson has asked to recall ME Bank to the House of Representatives Standing Committee on Economics after correspondence with ASIC for a hearing later this week. During ME Bank chief executive James McPhee's appearance at the last ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... investigation into vertical integration at industry super funds and related conflicts of interest. Wilson, who chairs the House of Representatives' Standing Economics Committee, referenced a report from research and ratings house Lonsec on industry fund ...

ISA questioned over political donations

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... Labor party last year after claiming the lobby group does not make political donations. During an urgent hearing of the House of Representatives standing committee on economics, Dean was questioned by Tim Wilson over whether political donations made ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... about half of their account balance. This is in line with what Industry Super Australia chief executive Bernie Dean told the House of Representatives standing committee on economics about low balance members accessing early release. Dean said ISA research ...

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... backtrack, the bank's relationship with the 26 industry funds that own it has come under fire. At an urgent hearing of the House of Representatives economics standing committee chair Tim Wilson questioned ME Bank chief executive James McPhee. At ...