MEDIA – 01 February 2021 – New players in the superannuation sector Future Super and Verve Super will be scrutinised, along with Diversa Trustees, at the House of Representatives Standing Committee on Economics public hearing this Wednesday. /Public Release. 11.00am – IOOF Time Needed To Sequence Key Molecules Could Be Reduced From Years to Minutes, Gender equality and leadership in a COVID-19 maritime world, 5 ways to spot if someone is trying to mislead you when it comes to science, Agricultural industry united on calls for Office of Science Integrity for Reef, New research reveals impact of darknet market seizures on opioid availability, Construction sales rise by almost $900 million in December quarter, Children’s programs back at Mildura, Red Cliffs and Merbein libraries, Manufacturing volumes up and wholesale trade values down in December quarter. The chairman of the influential House economics committee, Tim Wilson, is requesting superannuation funds disclose the value of their real estate assets and proportion of members who are home owners as he steps up his campaign to let first-time buyers tap into retirement savings for a deposit. It is crucial that the superannuation sector is operating effectively, fairly and to the benefit of fund members,’ said Mr Wilson. Date: Thursday, 21 November 2019 Artificial intelligence vs humans – can you outwit technology? View in full. 4.00pm – REST and Host-Plus Location: Committee Room 2R1, Parliament House, Canberra Tim Wilson's economics committee grilled Verve and Future Super. We don't put up a paywall â we believe in free access to information of public interest. 3.30pm – Adjournment Superannuation fees fall as funds merge and members get wise ... Freedom Boy’s wonky/dodgy financial reckoning re super has begun to rub off on Leigh in the house economics committee. The chairman of the influential House economics committee, Tim Wilson, is requesting superannuation funds disclose the value of their real estate assets and proportion of members who are home owners as he steps up his campaign to let first-time buyers tap into retirement savings for a deposit. The House’s committees consider bills and issues and oversee agencies, programs, and activities within their jurisdictions. Forget the pandemic, it’s time for enemies of industry funds to get square Parliament: (02) 6277 2392 Committee Secretary Senate Economics Legislation Committee PO Box 6100 Parliament House Canberra ACT 2600 Dear Mr Fitt Senate Economics Legislation Committee Inquiry into Superannuation Bills: -Treasury Laws Amendment (Fair and Sustainable Superannuation) Bill 2016 -Superannuation (Excess transfer Balance Tax) Imposition Bill 2016 The primary objective proposed by the Financial System Inquiry (FSI) is a sound starting point for the 10.45am – Break For background information: Key players in the superannuation sector will be scrutinised at the House of Representatives Standing Committee on Economics public hearing on 10 September 2020, as part of the committee’s ongoing review of the four major banks and other financial institutions. We welcome the opportunity to answer your questions. ... the House of Representatives Standing Committee on Economics has heard. The fact is: the House of Representatives economics committee is being used by the chair and the Liberal members of the committee in order to pursue this government's agenda of attacking superannuation. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. AMP chief executive Francesco De Ferrari and Lara Bourguignon. Date: Thursday, 21 November 2019 1.00pm – Association of Superannuation Funds of Australia Thank you Chair. 9.15am – AustralianSuper 6 November – Public Hearing of House Standing Economics Committee – Superannuation sector. Committee Chair Mr Tim Wilson MP says the hearing will provide an opportunity to ask questions about these funds, their responses to the COVID-19 pandemic, and approaches to investing for the … The Chair of the Committee, Mr Tim Wilson MP, said ‘these hearings are an important part of the committee’s scrutiny … Policy News. 12.00pm – Break The Chair of the committee, Mr Tim Wilson MP, said ‘these hearings are an important part of the committee’s scrutiny of the financial sector.’. Our business | Author Francesco De Ferrari. Opening Statement for the House Economics Committee - Superannuation, Round 2. Key players in the superannuation sector will be scrutinised at the House of Representatives Standing Committee on Economics public hearing on 10 September 2020, as part of the committee’s ongoing review of the four major banks and other financial institutions. Time: 9.15am to 5.00pm Washington, D.C. (June 22, 2020)—Today, Rep. Carolyn B. Maloney (NY-12), Chairwoman of the Committee on Oversight and Reform, and Rep. Hakeem Jeffries (NY-08), Chairman of the House Democratic Caucus, released a new staff report prepared by the staff of the Committee on Oversight and Reform and Subcommittee on Civil Rights and Civil Liberties.. 12.00pm – Break Coalition MP, Tim Wilson, used his position as House economics committee chairman to question why some industry superannuation funds had not … 10 September 2020. 9 November – Senate Select Committee on Financial Technology and Regulatory Technology issued a second Issues Paper. Crikey has been waiting with bated breath for when the latest set of answers to questions about super funds asked by House of Reps economics committee chair Tim Wilson would mysteriously turn up in the offices of the Financial Review and News Corp papers. Subscribe. 2.15pm – Q Super The committee’s examination of the groups will include monitoring the sector’s progress on implementing relevant recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. Website: www.aph.gov.au/economics, House of Representatives Standing Committee on Economics Time: 9.15am to 3.30pm Attending are REI Super, AustralianSuper, BT Super, IFM … Please contact the Committee Chair Mr Tim Wilson MP The first day of superannuation hearings for the Standing Committee on Economics inquiry into the four major banks & other financial institutions saw two retail (IOOF and Nulis) and four profit-to-member (AustralianSuper, Rest, QSuper, Hostplus) … Please contact the committee secretariat We welcome the opportunity to answer your questions. 2.00pm – AMP Super (AMP Group) New super players appearing before House Economics Committee. Under current legislation, superannuation funds with more than 49 members are required to establish a Policy Committee, which applies to [name of employer plan (Plan)]. Home Parliamentary Business Committees House of Representatives Committees Standing Committee on Economics Superannuation Sector The hearings will be broadcast live at aph.gov.au/live. Date: Friday, 22 November 2019 ... parliament's economics committee, said. Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. 5.00pm – Adjournment Due to COVID-19 Parliament House has limited public access. Dec 15, 2019. Website: www.aph.gov.au/economics, Economics Committee to scrutinise superannuation sector, Parliamentary Friendship Groups (non-country), The House of Representatives Standing Committee on Economics, The Chair of the committee, Mr Tim Wilson MP, House of Representatives chamber and business documents, Getting involved in Parliamentary Committees, Department of the House of Representatives. Verve Super and Future Super have copped flak for investing the majority of their members’ money in exchange-traded funds (ETF) that don’t meet their social aims and charge high fees, the House of Representatives Standing Committee on Economics has heard. New players in the superannuation sector Future Super and Verve Super will be scrutinised, along with Diversa Trustees, at the House of. Please contact the Committee Chair Mr Tim Wilson MP Subscribe. House of Representatives Standing Committee on Economics Inquiry into Major Banks and Other Financial Institutions - Day 1 Superannuation. On Friday, Mr Wilson began sending funds a […] The Committee Secretary Senate Economics References Committee PO Box 6100 Parliament House Canberra ACT 2600 Email: economics.sen@aph.gov.au Dear Committee Secretary, INQUIRY INTO PRIVATISATION OF STATE AND TERRITORY ASSETS AND NEW INFRASTRUCTURE The Association of Superannuation Funds of Australia (ASFA) would like to provide this submission in 2.00pm – AMP Super (AMP Group) 12.30pm – Break 1.00pm – Association of Superannuation Funds of Australia Location: Committee Room 2R1, Parliament House, Canberra 3.30pm – Adjournment. The institute's analysis claimed that middle-income workers' lifetime incomes would be reduced by $30,000 if the increase went ahead. 2.15pm – Q Super Public hearing of House Standing Economics Committee – Superannuation sector on 6 November. Location: Committee Room 2R1, Parliament House, Canberra, 9.15am – Industry Super Australia The federal government is locked in a fierce internal debate whether to keep, delay or cancel a scheduled increase in the superannuation guarantee, that is legislated to rise incrementally from 9.5 per cent to … MEDIA – 4 February 2021 – A Parliamentary Committee has questioned why financial advisers should face the risk of five years' jail for record-keeping failures under legislation flowing from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services due to be debated by the Parliament. Time: 9.15am to 3.30pm Phone: (02) 6277 4587 AMP head of superannuation Lara Bourguignon is the latest executive at the group to head for the exit as leadership ructions at the 171-year-old wealth manager continue into the new year. The Chair of the committee, Mr Tim Wilson MP, said ‘these hearings are an important part of the committee’s scrutiny of the financial sector.’. 1.30pm – Suncorp ‘As the superannuation system is a significant mechanism enabling Australians to support themselves in retirement, it is crucial that the superannuation sector is operating effectively, fairly and to the benefit of fund members,’ said Mr Wilson. House of Representatives Standing Committee on Economics Email: economics.reps@aph.gov.au House Economics Committee chairman Tim Wilson has sent industry superannuation funds a list of questions relating to asset values and liquidity, … The Morrison Government has asked the House of Representatives Standing Committee on Economics to inquire into progress made by relevant financial institutions in implementing the recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The Chair of the Committee, Mr Tim Wilson MP, said ‘these hearings are an important part of the committee’s scrutiny of the financial sector.’. That does not detract in any way from the fact that I am ultimately accountable for the conduct of our company and am always ready to assist the Committee. New super players appearing before House Economics Committee. Again, the application of consumer data rights to super is discussed. What is life? Put buying a home over increased superannuation, Liberal MP tells government ... and now prioritised saving for retirement ahead of saving for a house. 4.00pm – REST and Host-Plus Page 4 of 6 | Senate Economics Committee – Superannuation Guarantee Justice Bromberg held that whether the contract is a contract for an outcome or result is inconsistent with the modern day multi-factorial approach to the “totality” test. 10.30am – Break Opening Statement for the House Economics Committee - Superannuation, Round 2. 10 September 2020. A Policy Committee is a team of people, representing both the members and the employer of the Plan. The Chair of the committee, Mr Tim Wilson MP, said ‘these hearings are an important part of the committee’s scrutiny of the financial sector.’ Time: 9.15am to 5.00pm For years when Michael Madigan was speaker, minority Republicans complained they couldn’t get bills out of the Rules Committee. 10.45am – Break Our business | Author Francesco De Ferrari. House Economics Committee chairman Tim Wilson has sent industry superannuation funds a list of questions relating to asset values and liquidity, … Wayne Byres, Chair – House of Representatives Standing Committee on Economics, Canberra Thank you for the opportunity to appear today to provide the Committee with an update on APRA’s activities and to answer your questions. Chair: Tim Wilson MP Here with me today is Lara Bourguignon, Managing Director of AMP’s superannuation business. Electorate: (03) 9557 4644 KEY PLAYERS in the superannuation sector will be scrutinised at the House of Representatives Standing Committee on Economics public hearing on September 10, 2020, as part of the committee’s ongoing review of the four major banks and other financial institutions.. Public hearing details The main purpose of the Policy Committee is to provide an avenue for: New super players appearing before House Economics Committee Published: 1st of February 2021 New players in the superannuation sector Future Super and Verve Super will be scrutinised, along with Diversa Trustees, at the House of Representatives Standing Committee … Thank you Chair. Superannuation fees fall as funds merge and members get wise ... Freedom Boy’s wonky/dodgy financial reckoning re super has begun to rub off on Leigh in the house economics committee. 10.45am – IFM Investors The committee’s examination of the groups will also include monitoring the sector’s progress on implementing relevant recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. 5.00pm – Adjournment, Date: Friday, 22 November 2019 The committee’s examination of the groups will include monitoring the sector’s progress on implementing relevant recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. These measures have been proposed after answers to the committee’s questions revealed that in the past five years superannuation funds have spent nearly $400 million on marketing a … Email: economics.reps@aph.gov.au For media comment: The House of Representatives Standing Committee on Economics will scrutinise the superannuation sector over two days of hearings in Canberra on 21 and 22 November 2019, as part of its ongoing review of the four major banks and other financial institutions. Phone: (02) 6277 4587 On Friday, Mr Wilson began sending funds a […] The hearings will be broadcast live at aph.gov.au/live. Key players in the superannuation sector will be scrutinised at the House of Representatives Standing Committee on Economics public hearing on 10 September 2020, as part of the committee’s ongoing review of the four major banks and other financial institutions.. 12.30pm – Break 3.00pm – Nulis Nominees Australia As Alex runs our superannuation business, we felt he was best placed to give evidence and answer your questions. At that time, we took the Committee through our 2019-2023 Corporate Plan, which detailed our commitment to deliver on four key community outcomes – maintaining financial system safety and resilience, improving superannuation outcomes, transforming governance, culture, remuneration and accountability within the finance sector, and improving cyber resilience across the financial system. The hearings will be broadcast live at aph.gov.au/live. For media comment: For background information: And will we find it on other planets? 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Crikey has been waiting with bated breath for when the latest set of answers to questions about super funds asked by House of Reps economics committee … 10.30am – Break Here with me today is Lara Bourguignon, Managing Director of AMP’s superannuation business. Chair: Tim Wilson MP. Electorate: (03) 9557 4644 9.15am – Industry Super Australia Instead, they're calling ethical superannuation funds, rather than quizzing the ethics of those who've been found wanting. The House of Representatives Standing Committee on Economics will scrutinise the superannuation sector over two days of hearings in Canberra on 21 and 22 November 2019, as part of its ongoing review of the four major banks and other financial institutions. Washington, D.C. (Dec. 15, 2020)—Today, Rep. Carolyn B. Maloney, the Chairwoman of the Committee on Oversight and Reform, Rep. Gerald E. Connolly, the Chairman of the Subcommittee on Government Operations, Rep. Raja Krishnamoorthi, the Chairman of the Subcommittee on Economic and Consumer Policy, and Committee Member Rep. 2019 Annual Report for the New York State Assembly Committee on Consumer Affairs & Protection. 2019 Annual Report for the New York State Assembly Committee on Economic Development, Job Creation, Commerce and Industry. Please contact the committee secretariat Senate Standing Committees on Economics PO Box 6100 Parliament House Canberra ACT 2600 economics.sen@aph.gov.au Dear Sir/Madam Treasury Laws Amendment (Fair and Sustainable Superannuation) Bill 2016 (the Bill) Superannuation (Excess Transfer Balance Tax) Imposition Bill 2016 (the Imposition Bill) 10.45am – IFM Investors The rules the House approved Feb. 10 under House Speaker Emanuel “Chris” Welch allows all bills to advance from the Rules Committee to a standing committee to be heard, unless the sponsor wanted to hold it back. Tim Wilson, the Liberal chairman of the House Economics Committee, has used a Grattan Institute report to challenge the proposed 2.5 per cent increase, slated to be phased in between 2021 and 2025. ‘Due to the impact of the COVID-19 pandemic a significant number of Australians have accessed their super to support themselves during this difficult time. ‘As the superannuation system is a significant mechanism enabling Australians to support themselves in retirement, it is crucial that the superannuation sector is operating effectively, fairly and to the benefit of fund members,’ said Mr Wilson. 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All trademarks and rights are owned by their respective owners. New players in the superannuation sector Future Super and Verve Super will be scrutinised, along with Diversa Trustees, at the House of Representatives Standing Committee on Economics public hearing this Wednesday. Location: Committee Room 2R1, Parliament House, Canberra, 9.15am – AustralianSuper 11.00am – IOOF Bookings are essential for all public visits. The report highlights the potential costs … 3.00pm – Nulis Nominees Australia 1.30pm – Suncorp superannuation system is to deliver income which affords a dignified and comfortable standard of living in retirement, over and above what the Age Pension delivers. New players in the superannuation sector Future Super and Verve Super will be scrutinised, along with Diversa Trustees, at the House of. The House of Representatives Standing Committee on Economics will scrutinise the superannuation sector over two days of hearings in Canberra on 21 and 22 November 2019, as part of its ongoing review of the four major banks and other financial institutions.
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