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Showing 361 - 370 of 2563 results for "Minister"

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... Cbus, Active Super and QSuper have also all received approval to alter their trust deeds. Senator Jane Hume, who is the minister for superannuation, has criticised funds for creating fees to meet the new regulatory requirements calling it a "retrograde ...

Education reforms are promising: SAFAA

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... 'one-size-fits-all' approach to the financial advice industry is neither reasonable nor realistic," the submission reads. In late 2021, minister for superannuation, financial services and the digital economy Jane Hume released an education standards ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
Minister for superannuation Jane Hume has lauded the government's YourSuper comparison tool as a success, with one million visits. "Australians are taking charge of their own super like never before thanks to reforms passed by the Morrison government," ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... December 2021, FASEA considers it appropriate that any final determination on amendments to Standard 3 be addressed by the Minister in 2022," FASEA said.

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... financial advisers to get degrees, the Liberal party has now backflipped on education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy Jane Hume confirmed the government proposes to recognise ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
Minister for superannuation Jane Hume has said the federal government remains committed to raising the superannuation guarantee to the legislated 12%. Hume made the commitment while speaking at an Industry Super Australia (ISA) event with shadow minister ...

Prime Minister announces reverse mortgage scheme

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
Prime Minister Scott Morrison has confirmed a reverse mortgage scheme for pensioners. During a radio interview with Spencer Howson, Morrison said the mid-year budget will include a cash access scheme for pensioners. "We've had a pension loan scheme ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... in the upcoming federal election, vowing that if it comes to power in 2022 it will not introduce major changes. Shadow minister Stephen Jones pledged more stability and less uncertainty for the super industry following years of tumult at Industry Super ...

ASIC bolsters leadership

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... where he spent seven years in similar roles. He is also a former deputy financial officer at the Department of the Prime Minister and Cabinet, and has worked for the Department of Finance and Deregulation. In this role he will oversee finance strategy ...

Labor promises to recognise adviser experience

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... dump educational requirements for financial advisers with over a decade's experience if it comes to power. Shadow minister for financial services Stephen Jones said such advisers with a clean record will not be required to undertake a bachelor's ...