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Showing 31 - 40 of 158 results for "Jane Hume"

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... executive Sally Loane said. The federal government is looking to apply such exclusions the broader industry. Senator Jane Hume wants to find solutions to problems that arise from occupational exclusions in group insurance provided by MySuper products ...

Adviser population drops below 19,000

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... year, the number of advisers shrank by 15%. As the industry continues to grapple with the loss of experience, Senator Jane Hume announced a new pathway for experienced advisers with 10 years of experience - echoing much of Labor's proposal announced ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy Jane Hume confirmed the government proposes to recognise the value of on-the-job experience for financial advisers. Like Labor's proposal ...

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 ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... enforcing and collecting super. Jones sparred with minister for superannuation, financial services, and the digital economy Jane Hume at the event. Both ministers agreed that unpaid super is a significant issue, yet no one can agree on the exact figure. ...

Government fails to prioritise $450 threshold

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
... paid super. Minister for superannuation, financial services, the digital economy and women's financial security Jane Hume introduced the bill in October, saying it was a key commitment in the Women's Budget Statement. The omnibus bill in which ...

AFCA must improve transparency: Hume

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... needs to be more transparent when dealing with complainants and providing the reasoning behind its decisions. Senator Jane Hume's final report made 14 recommendations, all of which AFCA said it "agrees with in principle". One recommendation is for the ...

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
Senator Jane Hume has slammed superannuation funds for creating rainy day funds that pay for potential penalties because of misconduct. Hume points to a recent trend in which several super funds applied to the courts seeking permission to charge members ...

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
... our financial system that could arise from these exposures," Treasurer Josh Frydenberg and minister for superannuation Jane Hume said in a joint statement. "The Treasurer has therefore asked the Council of Financial Regulators (CFR) to prepare a report ...

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... introduction of a Single Disciplinary Body and a Compensation Scheme of Last Resort," treasurer Josh Frydenberg and senator Jane Hume said at the time.