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Showing 1 - 10 of 15 results for "Senator Andrew Bragg"

Gauging the Future Fund's MySuper potential

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... should be charged with managing Australians' retirement savings has mounted in recent weeks on the back of senator Andrew Bragg's recent paper on the topic. Bragg referred to the current super industry as a "closed cartel" with high fees and low competition. ...

Bragg renews calls for Future Fund to manage super

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
Liberal senator Andrew Bragg has launched a short paper to push for the sovereign wealth fund to manage all superannuation unless a worker opts out. The 20-page widely spaced paper titled Competition for Workers' Superannuation characterises the current ...

Hostplus deal doesn't rule out a merger: Maritime

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... announced an "asset-pooling partnership" to be in place from May 1. The arrangement was questioned by Liberal senator Andrew Bragg as a "quasi-merger" in a letter to APRA. "All we've done is buy units into the Hostplus pooled superannuation trust ...

Government to create ASIC, APRA regulator

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
... ensuring the corporate regulator's compliance with the Government's Statement of Expectation. Taking to Twitter, Senator Andrew Bragg said the FRAA's oversight of the regulators coupled with parliamentary scrutiny is most welcome. "While the FRAA won't ...

Quasi-mergers in APRA's sights

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
The prudential regulator has acknowledged concerns over "quasi-mergers" raised by Senator Andrew Bragg. In a letter provided to Financial Standard, Bragg contacted APRA in February to express concerns over the "quasi-merger" between Maritime Super and ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... commissioner at $604,106, followed by John Price at $582,3094 and Danielle Press with $575,724. Taking to Twitter, Senator Andrew Bragg said it's time for a clean out at the regulator. "Too many commissioners. It's unclear who does what. Not ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
Senator Andrew Bragg is calling for greater scrutiny of how superannuation funds spend members' money, slamming the system that has enjoyed three decades of unquestioned opacity. Appearing at an Association of Superannuation Funds of Australia event ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Senator Andrew Bragg has confirmed legislative changes to advice are around the corner, telling Michael Rice the Corporations Act needs to be updated. Bragg, in conversation with Rice for a Financial Services Council webinar, said he is an avid user ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... complying with new legislation. At the Senate Parliamentary Joint Committee, Corporations and Financial Services Senator Andrew Bragg asked ASIC commissioner Danielle Press how ASIC's review into member communication about the fee increase. Bragg ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... prudential regulator has been questioned over super fund liquidity concerns by the Senate Economics Committee. Senator Andrew Bragg issued a letter to APRA putting the regulator on notice to answer a number of questions related to super funds. "I have ...
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