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Showing 1 - 10 of 111 results for "Stephen Jones"

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... significant cost increases, like many small business operators, calls to the government have been disregarded. "Minister Stephen Jones has acknowledged the importance of financial advice but there is little remedy for the skyrocketing costs that advisers ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... obligations on super funds to protect people from inappropriate advice fees. We're calling on assistant treasurer Stephen Jones to protect the savings of Australians from dodgy practices by retaining these protections," O'Halloran said. "It is ...

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... about a $65 million in costs they have to pay. FAAA chief executive Sarah Abood is calling on assistant treasurer Stephen Jones to take action on the drastically escalating costs of the Compensation Scheme of Last Resort (CSLR). "This equates to a direct ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... fund is sub-scale...," Equity Trustees said. Interestingly, assistant treasurer and minister for financial services Stephen Jones showed his support for Salaam, affirming the government's commitment to providing people of faith with investment options ...

Almost one third fail adviser exam

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... Providers-Education and Training Standards) Amendment (2024) Measures No. 1) Determination 2024." Assistant treasurer Stephen Jones said the new laws allow flexibility by which advisers can demonstrate they satisfy the conditions of an approved degree ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... with the government and regulators more effectively. Treasurer Jim Chalmers and minister for financial services Stephen Jones said the initiative will help regulators avoid duplication, build shared strategic priorities, and focus on how to best implement ...

Jo-Anne Bloch to chair CSLR

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... compensation. Bloch, who was independently appointed by assistant treasurer and minister for financial services Stephen Jones, will serve in the role for an initial term of three years. She will be joining recently appointed board members Delia Rickard ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Representatives from the Super Members Council (SMC) met with assistant treasurer Stephen Jones to explore strategies for bolstering customer service. Industry super funds, in collaboration with the SMC, initiated a roundtable discussion last week with ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... not historically done it," she told last week's SMSF Association Conference. Last year, assistant treasurer Stephen Jones said that superannuation's highly regulated framework makes it the ideal context to make advice more accessible, adding ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
Assistant treasurer and minister for financial services Stephen Jones has issued life insurance regulations that aim to modernise the legislative framework. The Life Insurance Regulations 2024 establishes a threshold for annuities, dictating that the ...
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