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Showing 51 - 60 of 77 results for "Senator Jane Hume"

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
Senator Jane Hume has said the compulsory nature of superannuation allowed super funds to become lazy, creating inefficiencies in the system. She has also hinted the government will soon turn its attention back to the Productivity Commission's recommendation ...

Retirement income covenant delayed

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... particularly after COVID-19, Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume said. Hume pointed out the deferral of the covenant will also allow its drafting to be informed by the retirement income ...

FASEA extension en route

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
... since Labor introduced the amendments in the House of Representatives in February. "As recently as last week, Senator Jane Hume made the inexplicable last-minute decision to de-list a Treasury amendment bill to avoid a vote on removing this loophole," ...

FASEA blame game on in earnest

HARRISON WORLEY  |  FRIDAY, 15 MAY 2020
... prolonged uncertainty, with Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume admonishing Labor's decision to attach an amendment to the bill, which she said would have required a lengthy Senate ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... commitment to support the bill to Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume on Monday night, and said it would be "regrettable" if the Senator withdrew the bill as a result of Labor's amendment. ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... sparking concern that those in genuine need will experience significant delays in getting their hands on the cash. Senator Jane Hume has slammed the polling, accusing ISA of seeking to undermine confidence in the scheme. Polling, commissioned by ISA ...

No exclusions for frontline workers

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... exclusion," the FSC said. Assistant minister for superannuation, financial services and financial technology, Senator Jane Hume, welcomed the announcement. "Our frontline workers are doing an amazing job in this crisis, and it's vital that we're ensuring ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Speaking to Financial Standard, Hostplus chief executive David Elia has said it's the super funds with higher average account balances that should be worried about the impact of the early release scheme. Hitting back at public commentary suggesting ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... happen, you've also got to say 'Well, what's the likelihood of that?'" He said questions recently raised by Senator Jane Hume into the risk implications of mergers between industry funds with similar membership cohorts are probably appropriate, though ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
Senator Jane Hume has denounced mergers between super funds with similar membership bases, saying concentrated memberships can make funds weak and smaller funds should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR ...