Jane Hume

SMSF

The Government may have upset APRA-regulated funds via its Your Future, Your Super legislation but it is backing the growth in self-managed funds....

Superannuation

Hume equivocates on lifting SG to 10%

The Government is continuing to hedge its bets on delivering the scheduled increase in the superannuation guarantee to 10%. ...

Financial planning

Will last resort scheme and disciplinary body double regulatory costs?

Financial advice firms already digesting the scale of their Australian Securities and Investments Commission levy invoices are worried about what a compensation scheme of...

Features

Where do we go from here?

There was support for increased standards in the financial advice industry, Chris Dastoor writes, but any goodwill was destroyed by FASEA in just a few years. Where did i...

Financial planning

No one yet prosecuted for calling themselves 'financial adviser'

The Australian Securities and Investments Commission has prosecuted many people for operating without an Australian Financial Services License but it appears no one has b...

Outsider

Dear Jane, it’s a different tune but the same hymn sheet

Outsider has been hoping beyond hope that “Persevering Jane”, the Minister for Superannuation, Financial Services and the Digital Economy, Senator Jane Hume, was speaking...

Superannuation

Govt uses super legislation to impose portfolio holdings changes

While much attention was focused on other elements of its Your Future Your Super legislation, the Government has moved at the same time to impose key obligations with res...

Superannuation

Hume’s ‘positive’ relationship with super funds not translated to industry bodies

Senator Jane Hume says her greatest frustration is the disconnect between what she is being told by superannuation funds and what she is being told by industry bodies....

Outsider

Persevering through a political thought-bubble

It is not often that Outsider feels a sense of surprise. But the usually unfazed Outsider was left feeling shocked when he attended what must have been one of the first i...

Superannuation

SG rise opposite of what govt is doing for businesses: Hume

Jane Hume has said the legislated superannuation guarantee rise had put the government in an “awkward” position as it was trying to lower costs to businesses. ...

Financial planning

FASEA gone but the exam and degree regime continues

The Financial Adviser Standards and Ethics Authority may be gone but its exam timetable will continue and so will the requirement for financial advisers to become degree ...

Financial planning

How the industry united to rid itself of FASEA

Mike Taylor writes that few people genuinely argued with the objectives set out for the Financial Adviser Standards and Ethics Authority but they did argue with the autho...

Financial planning

FASEA scrapped and will be rolled into Treasury

The Government has scrapped the Financial Adviser Standards and Ethics Authority with its standards making functions rolled into Treasury while remaining elements are han...

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....

Editorial

Time for clarity and a clean house on FASEA

The widespread general criticism of the Financial Adviser Standards and Ethics Authority’s latest efforts around code of conduct guidance should be the catalyst for the G...