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Showing 31 - 40 of 476 results for %22Assistant Treasurer%22

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... government's adoption of the Quality of Advice Review recommendations. Some of the QAR recommendations assistant treasurer Stephen Jones flagged he will adopt include the replacement of the Statement of Advice (SoAs) with an advice record that is ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... "This is a significant victory for over 2000 people, who have been waiting for a resolution on their cases," assistant treasurer Stephen Jones said. CHOICE chief executive Alan Kirkland said the creation of a compensation scheme was one of the most important ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... products will be subject to a testing period of 10 years instead of eight years. In providing further details, assistant treasurer and minister for financial services Stephen Jones will mandate super funds that send notification letters to members of ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... Future Super are some of examples that ASIC found guilty of greenwashing. The boost was first announced by assistant treasurer Stephen Jones last week, saying: "Sustainable business strategy has to start in boardrooms and in investment decisions, and ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
Assistant treasurer and minister for financial services Stephen Jones has detailed a three-pronged approach to superannuation reform that will forge national consensus, shift the focus from savings to retirement income, and elevate service standards ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
Assistant treasurer Stephen Jones has opened consultations that aim to make the superannuation performance test more accurate by updating the benchmarks and extending the testing period. These are among the proposed changes to the Your Future, Your ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... performance test and extend the performance period to 10 years. Starting with the highly contested performance test, assistant treasurer Stephen Jones said superannuation funds can expect the benchmarks to be updated for the 2023 testing period. "The ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
... evolving, as are the defences institutions can deploy to mitigate this risk," he said. Speaking at the same event, assistant treasurer Stephen Jones explained the government is working across "four key limbs" when it comes to cybersecurity. He said firstly ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
Assistant treasurer Stephen Jones flagged he will prioritise the passage of the Compensation Scheme of Last Resort (CSLR) laws in a bid to strengthen consumer protections. "Right now, there are around 2000 cases on hold with the Australian Financial ...