JANE HUME

Policy & Regulation

The four Australian Securities and Investments Commission commissioners were left in the dark on the expenses issues surrounding the regulator’s chairman, James Shipton, ...

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Financial planning

The Government is talking about it, the regulator is talking about it and now digital advice player Six Park has released a white paper emphasising the need for an expand...

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Financial planning

The deregulation minister should be present at financial services meetings to start reducing red tape and the sooner red tape has been reduced the better, according to a ...

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Financial planning

The Government is looking to help condense and automate some approvals, and consents advisers need for clients to reduce costs and increase the quality of advice, accordi...

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Financial planning

The Federal Budget has not done enough to address systemic weaknesses in the economy according to a super fund but the Assistant Minister for Superannuation, Financial Se...

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Superannuation

Less than 24 hours out from the tabling of the Federal Budget, the Assistant Minister for Superannuation, Senator Jane Hume, has spoken of a third tranche of superannuati...

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Superannuation

A pause in the superannuation guarantee at its current 9.5% is looking almost certain in next month’s Budget and no one is ruling out a further extension to hardship earl...

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Financial planning

Industry superannuation funds believe they are on safe ground in providing both scaled advice and intrafund advice citing the authority of the Australian Securities and I...

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Superannuation

Assistant Minister for Superannuation, Financial Services, and Financial Technology, Jane Hume needs to decide whether she will convince her colleagues to resist the “sel...

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Financial planning

The financial services bodies have welcomed the extension of the FASEA exam and education standards, which now have the deadline of 1 January, 2022, and 1 January, 2026, ...

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Financial planning

If the Financial Planning Association can prove its proposals for individual adviser registration will hasten the development of a profession and the separation of advice...

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Policy & Regulation

The Federal Government is finalising regulations for its enhanced regulatory sandbox for fintech businesses, which will commence from the start of September. ...

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Superannuation

The Government has deferred the introduction of a Retirement Income Covenant raising concerns that it is building towards far-reaching changes to the superannuation via i...

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Policy & Regulation

Senator Jane Hume has called on the Labor Party to enable the FASEA extension to return to business after a ruling yesterday on listed investment companies. ...

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Financial planning

Financial advisers should report any concerns they have about superannuation funds breaking the intra-fund advice rules to the Australian Securities and Investments Commi...

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Never miss the latest news and developments in wealth management industry

Chris Cornish

By having trustees supervise client directed payments from their pension funds, Stephen Jones and the federal Labor gove...

1 day 17 hours ago
Chris Cornish

Now we now the size of Stephen Jones' CSOLR tax, I doubt anyone will be employer any new financial adviser from this poi...

1 day 17 hours ago
JOHN GILLIES

Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...

2 days 12 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

10 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months 1 week ago