Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 75 results for "Andrew Brag"

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
ASIC has been questioned over whether it should have intervened when AustralianSuper introduced a new fee named after the Protecting Your Super legislation. In January AustralianSuper increased its admin fee, saying that from April 1 members would start ...

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
The Labor Party is calling on Prime Minister Scott Morrison to finally put an end to the war on superannuation waged by government backbenchers, in an effort to ensure Australia rebounds from COVID-19 "faster and better". Financial Standard has obtained ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
The 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 ...

Sunsuper Labor donations rile Bragg

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
A Sunsuper donation of $11,000 to the Australian Labor Party has come under intense scrutiny in a Senate committee hearing. Appearing before the Senate Economics Legislation Committee, APRA deputy chair Helen Rowell was grilled by Liberal Senator Andrew ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The government's plan to implement recommendations from the Royal Commission has been met with concern and criticism from financial advice industry groups. Both the Association of Financial Advisers and The Advisers Association have lashed out at ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... insurance because you have a bigger super balance." Large fees are catching the eyes of politicians as well, with Senator Andrew Brag taking to Twitter to voice concerns over the large fees paid by young people. The Rainmaker research revealed people ...

Senate creates committee on fintech, regtech

KRISTI CHENG  |  THURSDAY, 12 SEP 2019
Passed yesterday, the motion - brought by Senator Andrew Bragg -establishes a committee to inquire and report on fintech and regtech opportunities, barriers, and future trends. It will examine the "size and scope" of the opportunity fintech and regtech ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
Liberal Senator Andrew Bragg has again criticised what he called a "culture war" in the superannuation sector, saying the industry should refocus its energy on members. In his speech at the Rice Warner Symposium on Monday, Bragg condemned the lack of ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
The government's upcoming retirement income review is open to consider any and all policy options, including the possibility of making contributions voluntary. Speaking to journalists yesterday, Prime Minister Scott Morrison revealed the retirement ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
A newly elected Liberal Senator wants to make superannuation voluntary for those earning less than $50,000 per annum. Lashing the super industry in his first speech to the Senate, new Liberal Senator for New South Wales Andrew Bragg said compulsory ...