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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...
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....
Superannuation
The vast majority of eligible Australians should receive early superannuation payments within five business days, according to Australian Prudential Regulation Authority ...
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...
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...
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 ...
Superannuation
Amid concerns about appropriately identifying superannuation fund members for hardship early release, the Government has said that the Australian Taxation Office alone wi...
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...
Superannuation
The Government is committed to removing restrictions regarding superannuation fund choice but will not prevent a default fund being specified in an award....
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 ...
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....
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...
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...
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...
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....
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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...