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Showing 41 - 49 of 49 results for "Assistant Treasurer Stephen Jones"

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
... 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 lookback period will ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
... 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, there is a need ...

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 ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... previously reported by Financial Standard, the FAR and CSLR were recently introduced to Parliament by assistant treasurer Stephen Jones. The updated FAR legislation aims to prevent misconduct that may harm consumers and the financial system. It imposes ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... Accountability Regime and Compensation Scheme of Last Resort have been introduced to Parliament by Assistant Treasurer Stephen Jones. The Financial Accountability Regime (FAR) Bill 2023 aims to promote accountability and responsible behaviour among entities ...

Jones progresses green finance standards

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2022
Assistant treasurer Stephen Jones committed to working with the finance industry to establish national standards for a green taxonomy that will define sustainable finance in Australia. Jones stopped short of committing to legislating the forthcoming ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... passes." In September, Financial Standard reported that minister for financial services and assistant treasurer Stephen Jones was considering the application of the stapling process, including specific feedback as to how it's operating at the workplace ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review the integrity and performance of the ERS scheme. ...
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