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Search ResultsShowing 1 - 10 of 25 results for "Tim Wilson"
APRA urged to probe industry funds
KANIKA SOOD  |  TUESDAY, 26 MAY 2020
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest. Wilson, who chairs the House of Representatives' Standing ...
ISA questioned over political donations
ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
... donations. During an urgent hearing of the House of Representatives standing committee on economics, Dean was questioned by Tim Wilson over whether political donations made by ISA or its member funds could possibly pass the sole purpose test. Dean was ...
ME Bank pays industry funds no dividends
ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
MP Tim Wilson has argued industry super funds' ownership of ME Bank is at odds with the sole purpose test as the bank has yet to pay dividends. Following ME Bank's controversial decision to slash redraw balances on some legacy home loans, and ...
ISA, ME Bank issued please explain
ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... by retirement and Super Consumers Australia put the figure at just under $50,000. Chair of the economics committee Tim Wilson called ISA's calculations "dubious" and said he will be looking for an explanation later this week. "Australians trust superannuation ...
LGIAsuper revises down unlisted assets
KANIKA SOOD  |  FRIDAY, 24 APR 2020
... funds are expected to come to surface later this month, as funds respond to the Standing Committee on Economics chair Tim Wilson's letter asking for details on unlisted assets among other questions. Managed funds land has also seen devaluations, including ...
Life insurers prepare for grilling
HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... will face up to the scrutiny of the House of Representatives Standing Committee on Economics, with committee chair Tim Wilson committing to grilling insurers on revelations from the Royal Commission, as well as issues raised by the COVID-19 pandemic. ...
Super funds probed on liquidity, rental assistance measures
KANIKA SOOD  |  MONDAY, 6 APR 2020
Standing Committee on Economics chair Tim Wilson has written to superannuation funds seeking numbers on liquidity, unlisted assets and stimulus measures by April 29. In a letter sent to superannuation funds last Wednesday, Wilson has asked funds to ...
Super funds asked to model early release impact
KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... the Treasurer's announcement of the estimate. The House of Representatives Standing Committee on Economics chair Tim Wilson yesterday called out superannuation funds' complacence on liquidity issues , and floated the idea of another round of ...
Super funds called out over liquidity
ELIZA BAVIN  |  MONDAY, 30 MAR 2020
The House of Representatives Standing Committee on Economics chair, Tim Wilson, has called out super funds that have said they are experiencing liquidity issues, saying it is inconsistent with evidence previously provided to the committee. Many super ...
Queensland funds inch closer to merger
HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... mean some other arrangement," QSuper chief executive Michael Pennisi said in late November. Asked by committee chair Tim Wilson if an arrangement could amount to the two super funds pooling member savings to achieve scale benefits, Pennisi replied it ...
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