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Showing 691 - 700 of 1927 results for "Treasurer"

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... millions of Australians will be protected from undue erosion through inappropriate insurance arrangements," Assistant Treasurer Stuart Robert said. "Importantly, the Government's reform will not prevent anyone who wants insurance in superannuation from ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... Australian Prudential Regulation Authority with more powers to deal with underperforming superannuation funds," Federal Treasurer Josh Frydenberg said in a statement. The legislation needs to pass the House of Representatives, which returns next week ...

Former Westpac GM joins APRA review

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... who the Government announced would lead APRA's capability review when initially responding to Hayne's recommendations. Treasurer Josh Frydenberg said he anticipated the panel would give specific consideration to APRA's capability to promote financial ...

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... "It's a very, very important integral part of our retention strategy," Elia said at the time. In a media release, Treasurer Josh Frydenberg called on Labor to support the Government's actions, with the legislation before the Senate. "The Government ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... terms. They did agree to the need for individual registration; a standard practice among many other professions. Federal Treasurer Josh Frydenberg said the Government is confident its actions will put in place the legislative framework necessary to provide ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
Federal Treasurer Josh Frydenberg has announced an immediate review into how financial counselling services are funded and co-ordinated. Financial counselling services are provided by the Department of Social Services with a commitment that totals $64 ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... professionalism Phil Anderson believes the timeline is problematic. Responding to the Royal Commission's final report, Treasurer Josh Frydenberg announced payment of grandfathered commissions will be banned as of 1 January 2021. "This is not a simple ...

Royal Commission sobering and overdue: Labor

DARREN SNYDER  |  TUESDAY, 5 FEB 2019
Shadow Treasurer Chris Bowen said a Labor government will establish a Treasury taskforce to help implement all of the recommendations from the banking and financial services Royal Commission. Responding immediately after the public release of the Royal ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... conducting this review and considering the factors identified by the Royal Commission when undertaking this review," Treasurer Josh Frydenberg said in response. "As part of these reforms, the Government announced that ASIC would conduct a review in 2021 ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... superannuation and financial services Royal Commission has made 76 recommendations to address industry misconduct and Treasurer Josh Frydenberg said the Federal Government will act on each of them. The Treasurer has put the blame of industry misconduct ...