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Showing 281 - 290 of 4742 results for "Jon"

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
True to her word, Quality of Advice Review chair Michelle Levy's final report contains few surprises, however her recommendations include the introduction of both a Good Advice Duty and a Statutory Best Interests Duty. The 267-page final report ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
Battling inflation will be the main economic focus for the government this year. Treasurer Jim Chalmers outlined the government's "major priorities" during his address at the Chifley Research Centre Conference on Sunday and said its going to be a big ...

Associations call for improved access to financial advice

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
The Joint Association Working Group (JAWG) has urged the government to improve access to financial advice through the Quality of Advice Review (QAR) proposals. In a letter to assistant treasurer and minister for financial services Stephen Jones, the ...

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
The Australian Competition and Consumer Commission (ACCC) has targeted social media influencers who use misleading testimonials and endorsements. The ACCC said it's "sweeping" more than 100 social media influencers from over 150 consumer tip-offs for ...

Capital Group kicks off succession plan

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
The global active investment manager has overhauled its executive team and appointed new leaders to roles that will assume the management responsibilities of chairman and chief executive. Investment veterans, chief executive Tim Armour and vice-chair ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
A State Street Global Advisors (SSGA) Retirement Reality report has revealed a widespread lack of confidence in Australia's retirement system. Despite recent changes to the Australian retirement system, including the Your Future, Your Super (YFYS) ...

Perpetual, Pendal finalise merger

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
Perpetual has completed its Pendal Group acquisition and confirmed two board appointments. "We are pleased to finalise the transaction that combines two of Australia's oldest and most respected active asset management businesses," Perpetual chair ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
The Australian government is cracking down on child sex abusers hiding their assets in super to avoid paying compensation to victims, opening new consultation. Treasury has released a discussion paper with two proposals to close the loophole denying ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
A Treasury spokesperson has indicated when industry can expect the release of the Quality of Advice Review (QAR) final report, while also confirming the government has not scrapped super tax concessions. A spokesperson for minister for financial services ...