JANE HUME

Superannuation

The registration of regulations to support the Your Future, Your Super reforms has been completed, while Portfolio Holdings Disclosure regulations will be finalised in th...

Outsider

The superannuation guarantee increase has come into effect from the beginning of this month and Outsider has noticed this has either been a call for celebration – or dism...

Policy & Regulation

Further changes to the consumer data rights have been released for consultation, including the way in which data is shared with professional advisers....

Financial planning

The Government’s limited one-time extension for certain existing advisers to pass the exam will have until 30 September, 2022. ...

Financial planning

Advisers who have failed the FASEA exam at least twice will have a limited opportunity to sit it one more time in 2022 under new Government rules....

Policy & Regulation

The Government’s attempts to give itself a brake on industry funds investment decisions appears headed for significant amendment in the Senate. ...

Financial planning

Financial advisers may still be chafing under the burden of annual fee renewals, but the Minister believes the industry has “generally reacted positively”....

Superannuation

The exposure draft legislation includes allowing superannuation fund trustees to use their preferred method of calculating exempt current pension income when a fund is in...

Outsider

“Did you know that the marginal tax rate in 1973/74 was 66%? Oh my heavens, thank goodness for the Liberal Party,” our persevering Senator Jane Hume said at the FSC Life ...

Financial planning

The Australian Securities and Investments Commission has admitted it has discretion over the so-called ASIC levy, and has pointed to Federal budgeting for driving the cur...

Life/Risk

A focus on legacy products has become one of the biggest barriers to innovation and the industry needs to be prepared to bear the burden of investment in improving those ...

Policy & Regulation

The Government has decided that the chair of the Financial Adviser Standards and Ethics Authority, Catherine Walter, can remain on the job in a part-time capacity until t...

Outsider

Outsider finds it interesting and just a bit baffling that someone who would advocate that financially-stressed female victims of domestic violence should be able to raid...

Superannuation

Concessional contributions will see a $2,500 rise, non-concessional contributions a $10,000 rise, and a $100,000 rise for the transfer balance cap....

Financial planning

The cost of the Financial Adviser Standards and Ethics Authority functions may yet add to the ASIC levy paid by financial advisers....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 5 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 4 days ago