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Showing 21 - 30 of 60 results for "Senator Jane Hume"

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
Senator Jane Hume is cracking down on how superannuation funds spend members' money and subjecting them to the same stringent reporting and disclosure requirements as publicly-listed companies. The Minister for Superannuation, Financials Services ...

Stapling equals accountability: Hume

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Senator Jane Hume said the newly-proposed stapling initiatives will force superannuation funds to take better accountability and create a new level of engagement with members. The Assistant Minister for Superannuation, Financial Services and Financial ...

Advice reforms to be legislated: Hume

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... legislated by mid-2021. Speaking at the 2020 Association of Financial Advisers Vision Conference this morning, Senator Jane Hume said the government agreed with the Hayne recommendation for the single disciplinary body and believes it will encourage ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

ERS extension flagged, criticised

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... Industry Super Australia (ISA) has called for the end of the government's Early Release of Super scheme after Senator Jane Hume signaled the possibility of a third tranche. The assistant minister for superannuation flagged the possibility last night ...

Amnesty unearths $588m unpaid super

KARREN VERGARA  |  MONDAY, 21 SEP 2020
... superannuation, with many coming forward before the September 7 Superannuation Guarantee Amnesty deadline. The office of Senator Jane Hume, Assistant Minister for Superannuation, Financial Services and Financial Technology, confirmed to Financial Standard ...

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
... professionalise the industry. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume flagged the single disciplinary body will not see its slated January 2021 launch. Instead, the disciplinary body as recommended ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... legislated increase to the superannuation guarantee, saying things have changed since it was decided upon, while Senator Jane Hume said she is ambivalent on the issue. Speaking at a press conference Prime Minister Scott Morrison said the government will ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... use the current environment opportunistically to grandstand on super," he said. "Funds were recently told by Senator Jane Hume that scrutiny and pressure to rationalise and evolve will be ongoing." Parametric has launched the Equity Agility Platform ...

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... will be tax deductible. Assistant minister for superannuation, financial services and financial technology, Senator Jane Hume said the amnesty allows employers to set things right without the fear of ATO retribution. "Super is a form of deferred wages ...