JANE HUME

Superannuation

With the average early release superannuation draw-down standing at slightly over $8,000 and with the load spread across virtually superannuation funds, the industry is h...

image
Superannuation

The risk for people seeking early access to their superannuation is that they will drive their balances so low that they lose their insurance access....

image
Superannuation

The vast majority of eligible Australians should receive early superannuation payments within five business days, according to Australian Prudential Regulation Authority ...

image
Financial planning

The Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume has welcomed the changes by the corporate regulator to assist co...

image
Life/Risk

The Financial Services Council has issued an undertaking on behalf of the major life insurers covering the rights of frontline health and other workers in the face of COV...

image
Superannuation

Superannuation funds which have focused on members in single industries and single groups only have themselves to blame if they have found themselves in trouble amid job ...

image
Superannuation

Amid concerns about appropriately identifying superannuation fund members for hardship early release, the Government has said that the Australian Taxation Office alone wi...

image
Superannuation

The government has looked to increase flexibility in how Australians save as they transition to retirement with draft legislation allowing people aged 65 and 66 to make v...

image
Superannuation

The Government is committed to removing restrictions regarding superannuation fund choice but will not prevent a default fund being specified in an award....

image
Funds management

Industry funds-backed IFM Investors has taken a lashing from the Assistant Minister for Financial Services, Senator Jane Hume, over its payment of $12.7 million bonus to ...

image
Tech

Fintechs will now have a regulatory sandbox that will allow them to test new products and services for 24 months without obtaining a financial services or credit licence....

image
Superannuation

The superannuation industry is now big enough and old enough to be broken away from the “coddling’ of the industrial relations system, according to the Federal Government...

image
Superannuation

Some superannuation funds may have increased their fees simply because they had run down their administration fees to historical lows, according to the Assistant Minister...

image
Superannuation

Legislation will be introduced next year to allow trustees to voluntarily transfer any amount of inactive low balance accounts to the tax office, spelling the beginning o...

image
Financial planning

Advisers with more than 20 years of experience are likely to be the most dissatisfied with the Financial Adviser Standards and Ethics Authority regime....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

3 weeks 3 days ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

3 weeks 4 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

3 weeks 4 days ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

1 week 3 days ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

3 weeks 3 days ago

The difference between a Record of Advice and Statement of Advice is the crux of the FSCP’s latest determination against a relevant provider. ...

3 weeks 6 days ago