hume

Financial planning

Hume’s call for a principle-based regulation is ‘knee-jerk reaction’

Legislating a principle-based regulation framework should be considered carefully and not be a “knee-jerk reaction for popular support”, according to Synchron....

Financial planning

Govt proposes ‘experience pathway’ for advisers without degrees

The pathway will allow financial advisers who have 10 or more years of full-time experience in the last 12 years to only complete a tertiary level unit on the code of eth...

Financial planning

ASIC levy reduced by Govt

This relief would see the corporate regulator’s levy restored to its FY19 level of $1,142 per adviser for the next two years, while the flat per licensee charge would rem...

Financial planning

Hume’s office confirms Govt backing for FASEA rules

The Financial Adviser Standards and Ethics Authority’s functions may have been devolved to Treasury and ASIC but the minister is making clear that nothing else has change...

Financial planning

Hume urges advisers to speak up on affordable advice

The Government has made an 11th hour plea to financial advisers to make submissions to the Australian Securities and Investments Commission on its affordable advice revie...

Superannuation

Hume flags continuing hardline on super defaults

The Federal Government has signalled it will not be relenting on making superannuation funds perform and be more transparent for members....

Superannuation

Hume reiterates call to end super culture wars

The Assistant Minister for Superannuation, Financial Services and Financial Services Technology, Senator Jane Hume has reiterated her call for an end to the culture wars ...