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Showing 1 - 10 of 74 results for "Senator Jane Hume"

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... indicator of whether someone will have rough retirement is dependent on homeownership, does housing trump super? Senator Jane Hume has called the putting of hands in the super honey pot for housing a "win, win." However, while average house prices have ...

We knew people would leave the advice industry: Hume

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
The regulatory transition of the financial advice industry has been cumbersome for many people but senator Jane Hume believes the worst of it is over. In an interview with Stockspot, Hume welcomed the proper professionalism of the financial advice industry ...

Mixed reviews for advice industry reviewer

KARREN VERGARA  |  MONDAY, 14 MAR 2022
Lawyer Michelle Levy's appointment in overseeing the Quality of Advice Review has received a mixed reception from the financial advice industry. The Association of Independently Owned Financial Professionals executive director Peter Johnston called ...

Legal expert to lead QAR

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
A legal expert will take the reins in leading the Quality of Advice Review, Senator Jane Hume announced this afternoon, adding that the terms of reference have also been finalised. Allens partner Michelle Levy, a specialist in financial services, life ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... invasion of Ukraine amid escalating global sanctions against Russia. Yesterday Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement requesting that super funds review their Russian investments. "The Morrison government is today ...

Advisers call out regulation backflip

KARREN VERGARA  |  FRIDAY, 4 MAR 2022
... principles-based regime. Synchron general manager of compliance Phil Osborne said the proposed framework put forth by Senator Jane Hume "should be considered carefully and not be a knee-jerk reaction for popular support". Hume spoke about changing regulatory ...

Hume pledges less red tape for advisers

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... industry ahead of the federal election, ones that will overhaul compliance, costs, and education standards. Senator Jane Hume promoted the idea of deregulating the advice industry and putting in place principles-based measures that can remove things ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... rainy day fund and 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 ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... income, and offer flexibility to savings. This must be presented in writing and made public from 1 July 2022. Senator Jane Hume said trustees are not required to release all components of their strategy by this date. "Instead, strategies are expected ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... lifeline to the ones who desperately want to stay by simply providing them specific feedback on their weaknesses? Senator Jane Hume now wants to recognise 10 years' work experience with zero infringements - a relief experienced advisers have been ...
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