Search ResultsShowing 1 - 10 of 100+ results for "House of Representatives"
QSuper, Sunsuper not committed to merger
HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... its proposed partnership with Sunsuper may not result in a traditional merger. Appearing before the House of Representatives Standing Committee on Economics on Thursday, QSuper chief executive Michael Pennisi fielded questions from Committee chair and ...
Complexity equals risk: IOOF chief
HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Facing a grilling at the House of Representatives Standing Committee on Economics today, IOOF chief executive Renato Mota said the firm's former complex organisational structure was responsible for additional risk. Asked by Labor MP Daniel Mulino ...
Underperformers should not be allowed new members: Silk
HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... underperforming superannuation fund, according to AustralianSuper chief executive Ian Silk. Appearing before the House of Representatives Standing Committee on Economics this morning, Silk told the inquiry that the biggest issue facing the super sector ...
Westpac chief believes in financial advice
ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... Australians should have access to good, cost-effective, unconflicted financial advice. Speaking to the House of Representatives Standing Committee on Economics Hartzer also said he regrets having to exit the financial advice business. "We concluded that ...
Super funds face scrutiny in Canberra
ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... Super Australia, the Association of Superannuation Funds of Australia will also front the committee. The House of Representatives Standing Committee on Economics has not previously scrutinised the superannuation industry, but chair Tim Wilson MP said ...
Senate secures members' interest changes
HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... Financial Technology, Senator Jane Hume, moved a number of amendments to the bill which passed through the House of Representatives on Monday . Hume's amendments see the bill provide a carve-out for superannuation trustees to provide insurance on ...
Members' interests bill sits on the precipice
HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...
The end of grandfathered commissions
ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
The Ending Grandfathered Conflicted Remuneration Bill 2019 was passed in the House of Representatives yesterday but the industry believes the timeline for doing so will leave Australians worse off. Passing yesterday, the legislation will see the banning ...
Chief economist update: Global easing
BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
In his outing before the Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's ...
Byers warns not to spread APRA too thin
HARRISON WORLEY  |  MONDAY, 12 AUG 2019
... plate, APRA chair Wayne Byers has warned against spreading the regulator too thin. Appearing before the House of Representatives Standing Committee on Economics on Friday, APRA deputy chair John Lonsdale reiterated the prudential regulator's view ...
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