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Showing 41 - 50 of 60 results for "Tim Wilson"

Life insurers prepare for grilling

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... will face up to the scrutiny of the House of Representatives Standing Committee on Economics, with committee chair Tim Wilson committing to grilling insurers on revelations from the Royal Commission, as well as issues raised by the COVID-19 pandemic. ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
Standing Committee on Economics chair Tim Wilson has written to superannuation funds seeking numbers on liquidity, unlisted assets and stimulus measures by April 29. In a letter sent to superannuation funds last Wednesday, Wilson has asked funds to ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... 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 the idea of another round of hearings ...

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
... mean some other arrangement," QSuper chief executive Michael Pennisi said in late November. Asked by committee chair Tim Wilson if an arrangement could amount to the two super funds pooling member savings to achieve scale benefits, Pennisi replied it ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... forgo what otherwise might have been faster wages growth." Asked to clarify the bank's perspective by committee chair Tim Wilson, Ellis confirmed the RBA considers increases to the SG are mostly derived from wages. "The way we've looked at it, for ...

AMP transfers 25% of accounts to ATO

ELIZA BAVIN  |  MONDAY, 25 NOV 2019
... purpose to be a temporary repository for amounts transferred from other regulated superannuation funds. Committee chair, Tim Wilson MP, labelled the practice "suspicious" given the rollover fund charges a fee, while the ATO does not. Rainmaker research ...

QSuper, Sunsuper not committed to merger

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... Economics on Thursday, QSuper chief executive Michael Pennisi fielded questions from Committee chair and Liberal MP Tim Wilson over the potential arrangement between the two Queensland funds. Asked if QSuper was strictly seeking a merger with its Queensland ...

Complexity equals risk: IOOF chief

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... who's receiving it and what the benefit is, and we can do that more efficiently." Under questioning by committee chair Tim Wilson, Mota was asked about IOOF's transition to better governance standards, with Wilson noting the recent departure ...

Westpac chief believes in financial advice

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... environment across all competitors." The bosses of NAB and ANZ will also face the committee. The chair of the committee, Tim Wilson MP, said the hearings are an important mechanism for the Parliament to publicly scrutinise and hold Australia's four major ...