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Showing 11 - 20 of 49 results for "Assistant Treasurer Stephen Jones"

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... proposed some ground rules around the advice NCAs should and should not be able to provide. Assistant treasurer Stephen Jones first called them "Qualified Advisers", much to the criticism of the industry and later assured this was subject to change. ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Assistant treasurer Stephen Jones said the government will press on with Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms that he is preparing to introduce in parliament. The highly anticipated set of changes promise to remove laborious ...

Industry demands action to stop abusers claiming victims' super

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
... Funds of Australia (ASFA), Super Members Council (SMC), and Women in Super have appealed to assistant treasurer Stephen Jones and other "key ministers" to reform superannuation death benefit laws to ensure family violence perpetrators can't profit ...

WAM calls to save in-person AGMs

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Assistant Treasurer Stephen Jones announced this month a review to consider making temporary changes to the Corporations Act to allow hybrid and virtual-only AGMs permanently, a move which Wilson Asset Management chief executive Geoff Wilson said is ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... global financial system. At stake here is the ability of the Pacific to engage with the world." Assistant treasurer Stephen Jones told the forum, which was organised by the Australian and US government, that between 2011 and 2022, the Pacific region ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... approach can continue, minimising additional documentation requests to advisers," she said. Assistant treasurer Stephen Jones said the legislation clarifies that Australians can use their superannuation accounts to pay for personal financial advice about ...

New inspector-general of taxation appointed

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... deputy secretary of the NSW Premier's Department, leading the Strategic Implementation Group. Assistant treasurer Stephen Jones said Owen's extensive experience will "strengthen the important role the Office of the Inspector-General of Taxation and Taxation ...

'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 ...

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 ...