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Showing 41 - 50 of 113 results for "House of Representatives Standing Committee"

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... unemployment picking up since the Treasurer's announcement of the estimate. The House of Representatives Standing Committee on Economics chair Tim Wilson yesterday called out superannuation funds' complacence on liquidity issues, and floated ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
The House of Representatives Standing Committee on Economics chair, Tim Wilson, has called out super funds that have said they are experiencing liquidity issues, saying it is inconsistent with evidence previously provided to the committee. Many super ...

Queensland funds inch closer to merger

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... the interests of our members," Fraser said. Late last year QSuper revealed to the House of Representatives Standing Committee that the two funds were not committed to a strict merger, confirming they would also examine other possibilities. "That could ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... new campaign is timely in light of comments made by RBA governor Phillip Lowe at a House of Representatives Standing Committee on Economics hearing on Friday. The head of the Reserve Bank said the RBA believes increases to compulsory savings won't impact ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have included the deluge buffeting New South Wales as I type. ...

ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
The Australian Securities and Investment Commission has told the House of Representatives Standing Committee on Economics that SMSF's below $200,000 have a negative return on assets. Providing the most recent data from the ATO, ASIC answered the question ...

IOOF identifies 67 high risk advisers

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
Embattled wealth manager IOOF has told the House of Representatives Standing Committee on Economics that it has identified 67 "higher risk" financial advisers within its business. The number comes as IOOF fronts the committee to answer questions previously ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... funds. Responding to a question on notice from its November appearance before the House of Representatives Standing Committee on Economics, AMP revealed its simplified wealth management arm will see it aim to close superannuation trustee AMP Superannuation ...

Government fund appoints new chair

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... the possibility of a merger which the latter's chief executive Pennisi told the House of Representatives Standing Committee on Economics, may result in a merger or a "some other arrangement ". Luke will start in the new role on January 1.

Sunsuper head of corporate, insto sales departs

KANIKA SOOD  |  MONDAY, 9 DEC 2019
... $113 billion QSuper, which the latter's chief executive Mike Pennisi told the House of Representatives Standing Committee on Economics, may result in a merger or a "some other arrangement".