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Showing 21 - 30 of 111 results for "Stephen Jones"

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... smoother with fewer liabilities building up on their books. Treasurer Jim Chalmers and minister for financial services Stephen Jones said: "This simple change will strengthen Australia's superannuation system and help deliver a more dignified retirement ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... required to meet the additional education requirements to be a qualified tax relevant provider. Assistant treasurer Stephen Jones said by better recognising the experience of long-serving financial advisers, the government is providing a pathway for ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... lives of all Australians. They must be held to high standards of accountability and integrity," assistant treasurer Stephen Jones said. "The FAR replaces and extends the Banking Executive Accountability Regime by imposing tough new accountability obligations ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... benefits, phrasing, and implementation of an objective, garnering over 150 submissions. At the time assistant treasurer Stephen Jones said: "Despite its central role in the retirement income system, there is no agreed objective of superannuation, legislated ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... changes that include amending financial thresholds, and liquidity and insolvency requirements. Assistant treasurer Stephen Jones has opened consultations, asking if the regulatory framework that managed investment schemes operate in is protecting investors ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
Amid fresh concerns about funding Australia's ageing population, assistant treasurer Stephen Jones has responded to a new issues paper that suggests requiring wealthy Australians to use part of their superannuation for their personal aged care costs. ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... with AMP Financial Planning, Synchron, and Charter farewelling the largest number of advisers. Assistant treasurer Stephen Jones flagged that he plans to bolster the waning adviser population by looking at all levels of tertiary education so that there ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... that the work that needs to be done in the super sector is not just in the insurance space," assistant treasurer Stephen Jones told an industry event in response to the findings. "Funds should know their members. That's a basic expectation. But the ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
The superannuation industry can expect to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... the Life Insurance Framework. The release of the indicative cost recovery follows minister for financial services Stephen Jones confirming the adviser levy freeze would not continue. In response to the tripling of the levy, the Financial Advice Association ...