Jane Hume

Policy & Regulation

Hume and remaining ASIC commissioners were in the dark on Shipton

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

Financial planning

Six Park reveals degree of push behind expansion of scaled advice

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...

Financial planning

Minister of Deregulation needs to be ‘wheeled in’

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 ...

Financial planning

Tech to help reduce price of advice

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...

Financial planning

Hume hits back at concerns budget measures were inadequate for women

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...

Superannuation

Hume talks of third early release tranche

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...

Superannuation

Will the Budget deliver an early access third tranche?

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...

Financial planning

Industry funds cite ASIC, FASEA and Hume on intrafund advice

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...

Superannuation

Women's retirement outcomes in limbo with SG on chopping block

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

Financial planning

AFA, FPA and FASEA welcome passing of FASEA extension

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, ...

Financial planning

FPA’s plan receives Hume nod if it delivers a profession

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...

Policy & Regulation

Regulatory sandbox available from September

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

Superannuation

Is the Govt building to far-reaching superannuation changes?

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...

Policy & Regulation

Hume calls for FASEA extension to return to business

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. ...

Financial planning

Report intra-fund advice problems to ASIC says Hume

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