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Showing 11 - 20 of 111 results for "Stephen Jones"

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... some five million SMSF members who have unmet advice needs that they can tend to. Last year, assistant treasurer Stephen Jones revealed the first two tranches of the QAR reforms. The second phase proposes opening financial advice to banks, super funds ...

Treasury promises flexibility to adviser qualifications

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... educational and training qualifications under new amendments proposed by Treasury. Yesterday, assistant treasurer Stephen Jones launched a consultation to update how advisers can demonstrate they satisfy the conditions of an approved degree or qualification. ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... appointments come as super funds brace for heightened scrutiny on customer service. Financial services minister Stephen Jones has called customer service unresponsive, slow and not member-focused. Complaints are mounting. Most funds are beefing up their ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer Stephen Jones, outlines the framework for ASIC to enforce rules governing the conduct and activities of CS facility licensees and associated ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... ability to make informed decisions about the advice. Commenting on the final tranche, minister for financial services Stephen Jones said that as five million Australians are either nearing or in retirement with more money than ever before, the reforms ...

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN  |  FRIDAY, 1 DEC 2023
... that would double tax on many Australians superannuation earnings. Yesterday in Parliament, assistant treasurer Stephen Jones introduced the government's controversial Better Targeted Superannuation Concessions Bill - the legislation introduces a 30% ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
Minister for financial services Stephen Jones has confirmed the government remains committed to removing Statements of Advice and the Safe Harbour Steps, as well as accelerating changes to education requirements to meet increased demand for advice. ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... them access to advice and start to help them manage longevity risk," she said. Just yesterday, assistant treasurer Stephen Jones stressed that, in anticipation of the millions preparing for retirement in the next decade, funds must urgently lift their ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
... the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation system, ensuring that members aren't adversely impacted ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
... damage due to breaches of AFSL obligations. In a joint statement, treasurer Jim Chalmers and assistant treasurer Stephen Jones highlighted that digital asset platforms will also adhere to "minimum standards" for holding tokens, custody software, and ...