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Showing 11 - 20 of 60 results for "Senator Jane Hume"

Advisers who failed FASEA exam granted extension

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
Senator Jane Hume is allowing candidates who have failed the Financial Adviser Standards and Ethics Authority (FASEA) exam twice to re-sit it in 2022. Hume took to LinkedIn to make the announcement in light of the July exam registrations closing tomorrow. ...

ASIC releases ongoing fee obligations guidance

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
... result, INFO 256 will replace Regulatory Guide 245 Fee disclosure statements, which will be withdrawn," ASIC said. Senator Jane Hume announced last week that advisers will have 60 days to provide clients an estimate of fees they will pay prior to issuing ...

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
... government will introduce a carve out to help financial advisers to meet their ongoing fee disclosure obligations. Senator Jane Hume announced this evening that advisers will have 60 days to provide clients an estimate of fees they will pay prior to ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... align financial advisers' professionalism and remuneration structures with other professional industries, Senator Jane Hume is not taking the future viability of commissions paid on life insurance products out of the equation. "That doesn't mean ...

Women participation rate booms

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... 61.8%, the latest employment statistics show. Citing new Australian Bureau of Statistics unemployment figures, Senator Jane Hume said Australia has achieved the highest female participation rate in the workforce ever at 61.8%, up from February data of ...

Hume slams superannuation circus

KARREN VERGARA  |  MONDAY, 15 FEB 2021
Senator Jane Hume has slammed the spectacle within the superannuation sector and the conflicting views from executives and industry bodies, which she says is the most "frustrating" part of her job. The Minister for Superannuation, Financial Services ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... experienced significant losses between February 20 and March 12. 6. ATO to verify early release requests (March 31) Senator Jane Hume confirmed ahead of the early release of superannuation scheme opening that the ATO would be responsible for verifying ...

FS team picks: The top stories for 2020

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... bodies take over its remit. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume announced on December 9 that the standard-setting aspect of FASEA will be swallowed up by Treasury. Asset consultant expands ...

Government to wind up FASEA

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... bodies take over its remit. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume announced on December 9 that the standard-setting aspect of FASEA will be swallowed up by Treasury. Its remaining functions ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... law states. While the legislation did not go into further detail about what is deemed inappropriate spending, Senator Jane Hume flagged at a recent industry event that regulators will frown upon donations to political parties, peak bodies and affiliates ...