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Showing 891 - 900 of 2537 results for "Minister"

The year that was and the year that will be

BENJAMIN ONG  |  MONDAY, 19 DEC 2016
... the course of the year. Expectations of Fed rate rises went from four to two to one. The UK lost David Cameron as prime minister after Brexit but not the economy's mojo. The US-elected Trump as president and his reflation pronouncements sent equity and ...

MySuper progresses to MyRetirement

DARREN SNYDER  |  FRIDAY, 16 DEC 2016
... become MyRetirement products. Releasing a Treasury consultation paper on the development framework for CIPRs, Government Minister Kelly O'Dwyer said MyRetirement products offer a more consumer-friendly and meaningful name. A MyRetirement product will ...

FSC names new director

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
The Financial Services Council is welcoming a new director of policy. Replacing Andrew Bragg is Allan Hansell. He spent the last six years as senior manager, government and regulatory affairs with ANZ Wealth in Sydney. Prior to that he held a similar ...

Turnbull putting industry fund governance back on the table

ALEX BURKE  |  WEDNESDAY, 14 DEC 2016
Speaking at a Financial Services Council breakfast in Sydney, Prime Minister Malcolm Turnbull said he would use 2017 to address inconsistencies in super fund governance. He suggested that at present, super fund governance standards are not applied equally ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 DEC 2016
... after October's surprise 25 basis point reduction - in order to alleviate the "cash crisis" that was prompted by Prime Minister Narendra Modi's announcement that the old 500- and 1,000-denominated Indian rupees would no longer be accepted as legal tender ...

Industry funds lead Labor's super inquiry

DARREN SNYDER  |  MONDAY, 5 DEC 2016
... initiated by Labor last week and established during Federal Parliament's final sitting day for 2016 on Thursday. Shadow Minister for Small Business and Financial Services, Katy Gallagher, said the ISA report also found about workers aged under 30 were ...

Locked in

BENJAMIN ONG  |  MONDAY, 5 DEC 2016
... unforeseen shock (we can never be sure), data says, it's all systems go for the Fed. For it's a go too for Italian Prime Minister Matteo Renzi. That is, he is going to step down following the "no camp's" victory on the referendum over his plan to reform ...

Life insurance commissions bill passes lower house

ALEX BURKE  |  WEDNESDAY, 30 NOV 2016
... policy lapse 100% is clawed back in the first year and 60% in the second year. Commenting on the passing of the bill, Minister for Revenue and Financial Services Kelly O'Dwyer said: "High upfront commissions have been identified as a significant cause ...

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
... businesses and the social impacts of consumer protection failures in the financial services industry. In a statement Shadow Minister for Small Business and Financial Services, Senator Katy Gallagher said: "This committee will provide an immediate opportunity ...

Long way to go on professional standards: FPA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2016
... in, De Gori said the FPA is in discussion with a number of industry participants. "The FPA has been speaking with the Minister's office and has relayed names to the office, and we've also been speaking with other interested parties around consideration ...