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Showing 41 - 50 of 162 results for "Jane Hume"

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.

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... superannuation. Minister for superannuation, financial services, the digital economy and women's financial security Jane Hume said a bill introduced to Parliament yesterday will deliver on a key commitment in the Women's Budget Statement. The bill removes ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... the exam twice prior to 1 January 2022. The minister for superannuation, financial services and the digital economy Jane Hume thanked the FASEA board and its staff for the work they have undertaken in setting professional standards for the financial ...

Super system "frayed": Hume

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Minister for financial services Jane Hume said that the superannuation system in Australia has frayed edges in need of repairs, during a speech at the World Pension Summit 2021. "And while it's a system that wears three decades of alternations and add-ons ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... cover for some new MySuper members and may also have significant consequences where a member changes occupation, Senator Jane Hume said. The FSC said Australians must be able to claim on the default cover that they have been paying for through their ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... regime. This includes advisers' failure to comply with education and training standards, and code of ethics. Senator Jane Hume is taking industry feedback on the exposure draft regulations and legislative instrument until October 15. "The Better ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... Security Act 1991 ", the four-page document shows. Minister for superannuation, financial services and the digital economy Jane Hume said the Retirement Income Covenant gives retirees the confidence to spend their superannuation savings, while enabling ...