Luke

FASEA transition extension supported by professional bodies

The Government’s decision to extend two FASEA transition deadlines has been welcomed by professional bodies. Jane Hume, the Assistant Minister for Superannuation, Financial Services and Financial Technology, announced an extension for the transition to the Financial Adviser Standards and Ethics Authority (FASEA). Under the extension, advisers who were registered on… Read More »FASEA transition extension supported by professional bodies

Industry Super launches new ‘the only thing to look for’ campaign

Industry Super Australia has launched a new campaign, encouraging consumers to look for the “iconic” industry super fund symbol. The campaign is aimed at increasing the reliance on, and confidence in, the industry super fund symbol when choosing a super fund, according to a statement by Industry Super Australia. This… Read More »Industry Super launches new ‘the only thing to look for’ campaign

‘Dirty dozen’ of Coalition MPs trying to blow up super system: Labor

A Labor shadow Minister has claimed there is a ‘dirty dozen’ of Coalition MPs with the mission of “blowing up” the superannuation system. The “plot of these conspirators was undisclosed” during the election campaign, Stephen Jones, Labor’s Shadow Assistant Treasurer and Shadow Minister for Financial Services told the Financial Services… Read More »‘Dirty dozen’ of Coalition MPs trying to blow up super system: Labor

Minister criticises super funds for not taking action, amid policy go-slow

The Minister responsible for superannuation has criticised the industry for “complacency and inertia”, while Government policies remain unenacted and serious reports languish without a response. The superannuation industry is “beset with complacency and inertia”, said Jane Hume, Assistant Minister for Superannuation, Financial Services and Financial Technology, in an speech to… Read More »Minister criticises super funds for not taking action, amid policy go-slow