Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 128 results for "Stephen Jones"

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 ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... changes to the industry funding model following a review. Assistant treasurer and minister for financial services Stephen Jones yesterday announced that he will not extend the temporary levy relief for advisers that was in place in 2020-21 and 2021-22. ...

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
... 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 recommendations ...