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Showing 561 - 570 of 1269 results for "Labor"

IOOF execs asked to face Senate

LAURA MILLAN  |  FRIDAY, 26 JUN 2015
... executives will accept or be able to appear in front of the Committee, given the short notice of the invite; a spokesperson for Labor Senator Sam Dastyari told Financial Standard. If IOOF refuses to appear, "the Economics Committee can elevate the invite ...

Super funds clash on board independence

DARREN SNYDER  |  FRIDAY, 26 JUN 2015
... Loane said. An FSC statement said independent directors on superannuation boards were recommended by reviews under both Labor and Liberal governments with the Super System Review in 2009 and the Financial System Inquiry in 2014. Recognising existing ...

Industry super warns against uniform laws

AAP  |  FRIDAY, 26 JUN 2015
... AAP having more independent directors would save consumers by providing more robust decision making. "This is a test for Labor," he said. "When they were in government they received the same advice as us, which is that minimum independent directors on ...

Labor now opposes advice Royal Commission

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
Labor and the Coalition are opposing renewed calls from Greens senators for a Royal Commission into financial advice and financial institutions. Greens Senator Peter Whish-Wilson filed a notice of motion on Tuesday calling on the government "to establish ...

Greens strike pension test deal with coalition

DARREN SNYDER  |  WEDNESDAY, 17 JUN 2015
... ensures the federal government passes about $2.4 billion in savings over four years with changes to the pension asset test. Labor has attempted to block the deal. Federal government Social Services Minister, Scott Morrison, told Fairfax Media the changes ...

Shares stronger at noon

AAP  |  TUESDAY, 16 JUN 2015
The Australian share market was higher in early trade with investors ignoring offshore weakness and looking for bargains after recent falls. Overseas markets fell overnight, with European stocks especially punished due to Greece being set to default ...

US fiduciary rule fight not slowing down

ALEX DUNNIN  |  TUESDAY, 16 JUN 2015
... Bentsen, Jr, said the argument is not about what 'fiduciary' means but about the regulatory add-ons that the US Department of Labor (DOL) is likely to include in addition to any fiduciary rule. "The DOL's proposed definition of who is a fiduciary is ...

Shares lower at lunch time

AAP  |  THURSDAY, 28 MAY 2015
The Australian share market is trading lower despite gains on US markets overnight. "It (the market) started with a bit of enthusiasm but petered away very quickly," Phillip Capital senior client adviser Michael Heffernan said. He said there appeared ...

Lawyer slams NAB compensation scheme

LAURA MILLAN  |  FRIDAY, 22 MAY 2015
... Scrutiny of Financial Advice inquiry. However, following the bank's appointment of Kingsford Smith, Committee chair and Labor Senator Sam Dastyari told Financial Standard : "I am pleased to hear that NAB has taken this step after the repeated urgings ...

Shadow Treasurer will go to election over super

DARREN SNYDER  |  THURSDAY, 21 MAY 2015
... promised not to touch superannuation but already had by freezing the superannuation guarantee at 9.5%. The announcements Labor has made about multinational tax and superannuation are "far from the be-all and end-all of the fiscal task", according to ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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