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Showing 61 - 70 of 333 results for "Minister for Financial Services"

Jo-Anne Bloch to chair CSLR

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... to redress and compensation. Bloch, who was independently appointed by assistant treasurer and minister for financial services Stephen Jones, will serve in the role for an initial term of three years. She will be joining recently appointed board members ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
Assistant treasurer and minister for financial services Stephen Jones has issued life insurance regulations that aim to modernise the legislative framework. The Life Insurance Regulations 2024 establishes a threshold for annuities, dictating that the ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... and their 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 ...

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. ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... management 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 ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... government, regulators, industry, and the wider community. We need to change that." Jones, who is also minister for financial services, added: "Legislating an objective for super - a Labor commitment at the last election - will give confidence to the ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... retirement alongside government support, in an equitable and sustainable way. Jones, who is also minister for financial services, added: "It strikes me as odd in a system which is about retirement income that a third of the cheques that are being written ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... the review of 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 ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... that make minor 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 ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... 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 failing Choice products to adjust for ...