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Showing 1 - 10 of 127 results for "Stephen Jones"

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
Assistant Treasurer Stephen Jones said the purpose of Tranche 2 of Delivering Better Financial Outcomes (DBFO)- which was previewed earlier this week - is to allow super funds to provide basic financial advice, not to see a repeat of issues raised during ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... of reforms is aimed at making affordable financial advice available to everyone, minister for financial services Stephen Jones said. It comes about six months after the first tranche of reforms passed parliament in early July. First and foremost, the ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... proposed some ground rules around the advice NCAs should and should not be able to provide. Assistant treasurer Stephen Jones first called them "Qualified Advisers", much to the criticism of the industry and later assured this was subject to change. ...

Chalmers teases superannuation update

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... Understanding (MoU) with the Cook Islands when it comes to superannuation transfers. Minister for Financial Services Stephen Jones said the partnership with Pacific Island nations is "extensive and enduring". "[We were] delighted to be able to sign and ...

Jones preps DBFO Tranche 2 for parliament

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Assistant treasurer Stephen Jones said the government will press on with Tranche 2 of the Delivering Better Financial Outcomes (DBFO) reforms that he is preparing to introduce in parliament. The highly anticipated set of changes promise to remove laborious ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... setting, according to an explanatory statement issued by assistant treasurer and minister for financial services Stephen Jones. "Although market-linked income streams have similarities to account-based income streams, all these legacy products have broadly ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... called upon parliamentarians to support the inquiry. It met with Treasury last week and consulted with Minister Stephen Jones in August. The probe will address key concerns about Dixon Advisory's collapse and its impact on the CSLR. It will put under ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
... a range of heritable conditions, cancer predisposition syndromes, and cancers," minister for financial services Stephen Jones said. "No Australian should be discouraged from undertaking testing out of fear it may impact their ability to get life insurance. ...

FAAA to work with Treasury on CSLR

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
The Financial Advice Association Australia (FAAA) said it has met with minister for financial services Stephen Jones to raise key concerns regarding the Compensation Scheme of Last Resort (CSLR). FAAA chief executive Sarah Abood and chair David Sharpe ...

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... widespread impact for people's retirement outcomes," she added. Assistant treasurer and minister for financial services Stephen Jones told Financial Standard that the government is committed to delivering financial security in retirement through its ...
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