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Showing 71 - 80 of 226 results for %22Senate Inquiry%22

Frydenberg slams modern awards as poorly-conceived

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... if Labor did not want to support changes to super board governance A he was still confident the reforms would pass the Senate. Frydenberg also addressed issues about foreign investment, life insurance, professional standards, and the ongoing role of ...

Super groups call for women Senate review

DARREN SNYDER  |  THURSDAY, 30 JUL 2015
Superannuation representative groups have backed calls by federal Greens MP Adam Bandt for a Senate inquiry looking at the problem of women's retirement savings. Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia believes ...

More calls for Royal Commission

DARREN SNYDER  |  MONDAY, 13 JUL 2015
... director Christopher Kelaher was asked about why he never reported alleged wrongdoings to ASIC. When Kelaher faced the Senate inquiry into financial advice he said claims of widespread wrongdoing at IOOF had no basis in fact. Other IOOF representatives ...

Claims of wrongdoing have no basis: IOOF

DARREN SNYDER  |  TUESDAY, 7 JUL 2015
IOOF managing director Christopher Kelaher has told a Senate committee today that claims of widespread wrongdoing at the company have no basis of fact. "I'm confident that I can confirm to you and the broader community that the company has an extremely ...

IOOF execs asked to face Senate

LAURA MILLAN  |  FRIDAY, 26 JUN 2015
The Senate Economics Committee has invited IOOF executives to appear in a hearing set to be held in Sydney on July 7. The invite has been sent today to IOOF chief executive Chris Kelaher and to the business' head of research Peter Hilton, a spokesperson ...

Labor now opposes advice Royal Commission

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
... the performance of the Australian Securities and Investments Commission (ASIC). "For the meantime, the current Senate inquiry is the appropriate place to continue to examine the roles of ASIC, financial planners, and to talk to victims, some of whom ...

Lawyer slams NAB compensation scheme

LAURA MILLAN  |  FRIDAY, 22 MAY 2015
... than that of CBA and Macquarie advisers. In April, NAB's claims of an independent review process were questioned by the Senate Economics Committee during aA public hearing in Canberra as part of the Scrutiny of Financial Advice inquiry. However, following ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
... NAB said. However, NAB's claims of an independent review process have been questioned in the past, most recently by the Senate Economics Committee during a public hearing in Canberra as part of the Scrutiny of Financial Advice inquiry. Committee chair ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory financial advice victim insurance scheme at the Senate Economics References Committee's Scrutiny of Financial Advice inquiry on April 21. The potentially $50 million scheme would ...

CBA advisers ran from ASIC

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... register, but the issue was complicated by advisers resigning when the regulator began its investigation. Speaking at the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, he said that "People who know they have done wrong ...