STEPHEN JONES

Policy & Regulation

The Treasury has announced the “biggest crackdown on tax adviser misconduct in Australian history” which could see maximum fines for advisers who promote tax exploitation...

Financial planning

Professionalisation of the financial advice industry needs to be balanced with the adviser shortage, according to Minister for Financial Services, Stephen Jones, as he co...

Policy & Regulation

The Labor government has hit back at the Senate Economics Reference Committee’s request for evidence from ASIC as it is an independent regulator and suggested it provide ...

Financial planning

Minister for Financial Services, Stephen Jones, believes the industry can return to 30,000 advisers but new pathways are needed as it is unrealistic to expect people to w...

Financial planning

The FAAA’s Phil Anderson has shed light on when advisers could see any update from the government on the progression of the Quality of Advice Review changes....

Financial planning

Minister for Financial Services, Stephen Jones, has reiterated his support for superannuation funds helping everyday Australians manage their money following widespread d...

Policy & Regulation

The National Anti-Scam Centre’s new investment scam fusion cell, led by Australia’s corporate and competition regulators, will be initially set up for six months. ...

Superannuation

Minister for Financial Services, Stephen Jones, has confirmed changes to the Your Future, Your Super model to ensure all trustees, including Choice funds, are held to acc...

Financial planning

The government has clarified details on why a sunset clause is excluded from experience pathway legislation, introduced to the House of Representatives this week, despite...

Financial planning

Minister for Financial Services, Stephen Jones, has said the government will review the remaining eight recommendations in the Quality of Advice Review by the end of the ...

Financial planning

Minister for Financial Services, Stephen Jones, has offered an update on the Quality of Advice Review, which he said had been previously delayed due to the federal budget...

Financial planning

Minister for financial services, Stephen Jones, has blamed the federal budget for the delays to the Quality of Advice Review but said he is expectant of a position by Jun...

Financial planning

The Stockbrokers and Investment Advisers Association has thrown its support behind the experience pathway, arguing its members would rather quit than study for unnecessar...

Policy & Regulation

Speaking at the 2023 ACSI Annual Conference, Minister Stephen Jones said the government would prefer doing “too much too soon, not too little too late” on its sustainabil...

Financial planning

The Joint Associations Working Group has urged the government to enact several of the Quality of Advice recommendations quickly while it awaits the final decision....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 8 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago