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Showing 41 - 50 of 192 results for "David White"

Governance bill loses Senators' support

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
Industry Super Australia (ISA) and the 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 ...

Retail super members gouged by $7.1bn: ISA

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
Industry Super Australia (ISA) estimates that in the past decade bank-owned super fund members have been gouged by about $7.1 billion for above market fees to in-house suppliers. The estimate was released hours before the Senate will hold its final ...

New super transparency rules spark controversy

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
ASIC's updated fee and cost disclosure requirements for superannuation funds have sparked controversy among industry stakeholders. The regulator released Regulatory Guide 97 Disclosing fees and costs in PDSs and periodic statements, which includes a ...

Super trustee bill before the Senate

DARREN SNYDER  |  MONDAY, 9 NOV 2015
The Senate Economics Legislation Committee is expected to table its report on new superannuation trustee governance laws today ahead of debating a proposed bill in the Senate tomorrow. If passed the bill will require all Australian Prudential Regulation ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
The independence 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 ...

FSI response fans default super flames

MARK SMITH  |  WEDNESDAY, 21 OCT 2015
The government calling for another review of default super in its response to the Financial System Inquiry has inflamed the on-going row between the industry and retail segments of super. Industry fund body Industry Super Australia has questioned the ...

ISA calls out banks over fee structures

DARREN SNYDER  |  MONDAY, 12 OCT 2015
Australia's big four banks collect one third of all fees paid to superannuation funds totaling about $10 billion, according to research from Rainmaker Information commissioned by Industry Super Australia. The study found that the super industry drew ...

Senate hears too many holes for women in super

DARREN SNYDER  |  TUESDAY, 6 OCT 2015
Several superannuation representative groups are addressing federal parliament with the belief there are too many holes for women in Australia's current retirement savings system. Ahead of the Senate public hearing looking at economic security for women ...

Super board governance legislation introduced today

DARREN SNYDER  |  WEDNESDAY, 16 SEP 2015
Federal Assistant Treasurer Josh Frydenberg will introduce the government's superannuation board governance legislation today at the angst of Industry Super Australia (ISA). Although debate on the Superannuation Legislation Amendment (Trustee Governance) ...

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
The federal government's focus on accountability around conflicting interests in superannuation boards has been described as "curious" by lawyers reviewing proposed super governance legislation. A paper prepared by Hall and Wilcox Lawyers for the Australian ...