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Paulina Duran

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

6:10am EDT

Some Australian pension funds may be derelict in duty, inquiry hears

SYDNEY Some of the firms that manage funds within Australia's A$2.6 trillion ($1.9 billion) pension system may not be complying with their legal duty to put the interests of customers ahead of their own, a powerful inquiry into financial misconduct heard.

Aug 16 2018

Australian regulator defends light touch at banking inquiry

SYDNEY, Aug 17 An Australian regulator defended its "behind-the-scenes" approach to dealing with breaches by large institutions in the A$2.6 trillion ($1.9 trillion) pension system, telling an inquiry on Friday it was to limit damage to fund members.

Aug 16 2018

Australia's AMP back in inquiry hot seat as pension transfers challenged

SYDNEY Australia's No.1 retirement and wealth management company AMP Ltd paid hundreds of millions of dollars from customers' retirement accounts to its subsidiaries without proper documentation, an inquiry heard on Thursday.

Aug 16 2018

Australia's AMP channeled pension funds to subsidiaries - inquiry

SYDNEY, Aug 16 Australia's No.1 retirement and wealth management company AMP Ltd paid hundreds of millions of dollars from customers' retirement accounts to its subsidiaries in possible contravention of trust laws, an inquiry heard on Thursday.

Aug 15 2018

Australia's CBA tells inquiry of more fees charged to the dead, weak controls

SYDNEY Commonwealth Bank of Australia charged some estates of dead people for superannuation advice and had inadequate compliance controls in its management of retirement funds, the country's inquiry into financial sector misconduct heard.

Aug 15 2018

CORRECTED-UPDATE 2-Australia's IAG shares plunge after modest annual profit, outlook

Aug 15 Insurance Australia Group Ltd (IAG) shares fell the most in a year on Wednesday after the insurer flagged a subdued earnings outlook and reported a modest rise in full-year profit, driven by lower investment income.

Aug 14 2018

Commonwealth Bank of Australia breached pension rules, inquiry hears

SYDNEY, Aug 14 Commonwealth Bank of Australia (CBA) "breached a legislative provision" when it failed to transfer 15,000 pension customers to a low-cost product, an inquiry into financial sector conduct heard on Tuesday.

Aug 13 2018

Australia bank inquiry hears NAB downplayed charging for advice not given to save face

SYDNEY National Australia Bank Ltd charged clients for services not rendered, and downplayed the issue to the corporate regulator to avoid adverse publicity, a powerful inquiry into financial sector misconduct heard on Monday.

Aug 13 2018

Australia bank inquiry hears NAB downplayed charging for advice not given to save face

SYDNEY, Aug 13 National Australia Bank Ltd charged clients for services not rendered, and downplayed the issue to the corporate regulator to avoid adverse publicity, a powerful inquiry into financial sector misconduct heard on Monday.

Aug 09 2018

Australia's IOOF to review ownership structure, shares fall

SYDNEY, Aug 10 Australia's second-largest wealth manager IOOF Holdings Ltd has told a powerful inquiry into misconduct that it is reviewing its ownership structure in light of a tougher regulatory environment, just months after buying ANZ's pension unit.

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