INDUSTRY NEWS
Public Hearing 15 - 16 June 2000
Matters Relating to Superannuation and Financial Services

Source: SenateSuper 'Media Releases'
8th June 2000


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The Senate Select Committee on Superannuation and Financial Services will be holding a Public Hearing in Melbourne and Brisbane on matters relating to superannuation and financial services. The Committee is inquiring into:
  1. prudential supervision and consumer protection for superannuation, banking and financial services;
  2. the opportunities and constraints for Australia to become a centre for the provision of global financial services; and
  3. enforcement of the Superannuation Guarantee Charge.
On Thursday 15 June, in Melbourne, witnesses will be addressing all terms of reference. On Friday 16 June, in Brisbane, witnesses will primarily be addressing the matters relating to prudential supervision and consumer protection.

The primary purpose of the hearing in Brisbane is to conduct an historical evaluation of some case studies to establish what deficiencies in the law enabled certain practices to occur and what needs to be done to ensure that such practices do not occur in the future. The Committee’s interest in certain cases should in no way be seen as a reflection on current fund practices.

The programs for the Committee’s two days of hearings are attached.

Contact:

For comment: Senator John Watson, Chair - 02 6277 3685 (Canberra) - 03 6331 4544 (Launceston, TAS)

For information: Sue Morton, Secretary 02 6277 3458 or 0416278258

Internet access: http://www.aph.gov.au/senate/committee

Email: super.sen@aph.gov.au


8 June 2000


INQUIRY INTO MATTERS RELATING TO SUPERANNUATION AND FINANCIAL SERVICES

PROGRAM

PUBLIC HEARING - MELBOURNE

THURSDAY 15 JUNE 2000

Venue: Australian Institute of Management, 181 Fitzroy Street, St Kilda

8.30 am Australian Council of Trade Unions

Ms Linda Rubinstein, Senior Industrial Officer
9.15 am Industry Funds Forum

Ms Anne-Marie Darke, Vice President, (CEO, HESTA Super Fund)

Ms Ann Byrne, Convenor, (Secretary, Super. Trust of Australia)
10.00 am Corporate Super Association

Mr Mark Cerche, Chairman

Mr Nicholas Brookes, Secretary
10.45 am MORNING TEA
11.00 am Institute of Chartered Accountants of Australia

Mr David Coogan, Chairman, ICA National Superannuation Cttee (To be confirmed)

Mr Richard Rassi, member, ICA National Superannuation Cttee
11.45 am William M. Mercer Pty Ltd

Mr Simon O’Regan, Executive Director

Mr John Ward, Manager, Research and Information
12.30 pm LUNCH
1.30 pm Ms Fiona Ogilvy-O’Donnell
Private capacity
2.15 pm Towers Perrin

Mr Ken Lockery, Principal
3.00 pm AFTERNOON TEA
3.15 pm CPA Australia

Mr Brad Pragnell, Superannuation & Financial Planning Consultant

Mr Murray Wyatt, Chairman, Superannuation Centre of Excellence
4.15 pm Association of Independent Retirees Inc

Mr Alan Beaton, President, South Australian Division
5.00 pm Close




INQUIRY INTO MATTERS RELATING TO SUPERANNUATION AND FINANCIAL SERVICES

PROGRAM

PUBLIC HEARING - BRISBANE

FRIDAY 16 JUNE 2000

Venue: Telopia Room, Gazebo Conference Centre, 345 Wickham Terrace

8.30 am Puzzle Financial Advice Pty Ltd

Mr Bruce Baker, Director

Mr Gary Lanham, Lawyer, Minter Ellison

Mr Merv Whimp
9.00 am Hairdressers Association Superannuation Fund

Ms Yvonne Bell, Principal, Consulting Advisors

Mr Jeff Osborne, Director, Hairdressers Association

Superannuation Pty Ltd, Trustee for the Fund
9.45 am Ms Carmel Reading

Member, Law Employees Superannuation Fund
10.00 am Queensland Law Society (QLS) Superannuation Pty Ltd
– Trustee for the Law Employees Superannuation Fund


Mr Peter J. Short, Employer Director, Chairman of Directors

Mr Ray Rinaudo, Employer Director (To be confirmed)

Another Director (To be advised)
10.45 am MORNING TEA
11.00 am Mr Geoff Heaton

Member of Employees Productivity Award Superannuation Fund
11.45 am Mr Dan Scheiwe

Private capacity - Academic, School of Accounting, Qld University of Technology
12.30 pm Adjourn




Further details:
Senate Select Committee on Superannuation and Financial Services
Web site: www.aph.gov.au/senate/committee/superfinan_ctte
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