Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 721 - 730 of 1927 results for "Treasurer"

Poor performance a fiduciary breach

JAMIE WILLIAMSON  |  FRIDAY, 16 NOV 2018
... politician has told the 2018 ASFA Conference. Appearing as part of a panel on the future structure of super, former Assistant Treasurer Nick Sherry was hard on retail funds and their fiduciary duty to members. "We are at a bit of a tipping point and ...

Government amends key super reforms

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
... coverage for Australians working in dangerous occupations. Addressing delegates at the 2018 ASFA Conference, Assistant Treasurer Stuart Robert said the exception will apply to new members under the age of 25 or with an active low balance in prescribed ...

TCorp sets green bond record

DARREN SNYDER  |  WEDNESDAY, 14 NOV 2018
... hedge funds. Geographically, 82% went to Australia; 7% to Europe; 4% to both the UK and Asia; and 3% to the US. NSW Treasurer Dominic Perrottet said the "stellar result" enabled the Government to attract investors who can contribute capital to "accomplish ...

Frydenberg boosts APRA funding

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
... people. The change in its tact appeared to coincide with a change in the law, which required APRA take matters to court. Treasurer Josh Frydenberg said the regulator's new funding would support it in developing a stronger focus on accountability ...

Assistant Treasurer warns super funds to lift engagement game

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
Federal Assistant Treasurer Stuart Robert slammed superannuation funds for not doing enough to engage members and for specifically letting the issue of multiple accounts get out of control. Robert told this week's Financial Services Council policy ...

One-stop complaints shop opens

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... services sector by raising standards and improving internal practices to reduce and resolve disputes," Coonan said. Treasurer Josh Frydenberg said Australians will be spared "the expense and inconvenience associated with taking financial complaints to ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
Assistant Treasurer Stuart Robert announced two major updates to the proposed Comprehensive Income Products for Retirement (CIPRs) initiative, one of which is giving superannuation trustees more time to get retirement income strategies in order. Robert ...

Assistant Treasurer refutes breach allegations

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
Assistant Treasurer Stuart Robert has countered allegations he breached the Corporations Act. Responding to questions from Financial Standard today, Robert said allegations levelled at him by Labor Senator Chris Ketter during Senate Estimates on Wednesday ...

Revised penalties come down hard on white collar crime

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
... introduce legislation into parliament to increase the penalties for white collar crimes. In a media release on Sunday, Treasurer Josh Frydenberg said criminal penalties were set to double in some cases, while civil penalties for corporations and individuals ...

Advisers gain FASEA credits for existing qualifications

HARRISON WORLEY  |  SUNDAY, 14 OCT 2018
In his maiden speech to the financial advice industry, Assistant Treasurer Stuart Robert has revealed some advisers will receive up to four credit units of recognised prior learning under FASEA's new education requirements. Addressing delegates ...