Super funds are demonstrating gaps in their member data, according to a joint APRA/ASIC review, as they are concerned collecting too much information could put them at ri...
A joint ASIC/APRA thematic review has found trustees need to make more progress on enhancing retirement outcomes for members under the Retirement Income Covenant. ...
The Financial Regulator Assessment Authority has released its review of the Australian Prudential Regulation Authority....
OnePath Custodians has been fined $1.46 million for failing to direct 125 member contributions to a MySuper product....
Less than 1 per cent of total advisers are ‘pure risk’ advisers as commission changes and premium increases drive them out of the profession or into new advice careers, s...
AUSTRAC has accepted an enforceable undertaking from the Bank of Queensland to improve its compliance with Australia’s anti-money laundering and counter-terrorism financi...
Treasury has issued a consultation paper detailing the proposed levy figures for APRA and ASIC in 2023-24....
The country's financial regulators have sought to temper fears of a crisis following the collapse of three US banks. ...
When it comes to human interest stories, the Australian Prudential Regulation Authority is keen to let the organisations it regulates know its staff are more than just fa...
Allianz Retire+ has launched a retirement income product offering guaranteed income for life with 10 million people expected to retire over the next 20 years....
In a tense exchange with APRA representatives, Senator Matt Canavan questioned if the regulator’s climate vulnerability assessments were ‘a complete waste of money’. ...
In a tense exchange with APRA representatives, Senator Matt Canavan questioned if the regulator’s climate vulnerability assessments were ‘a complete waste of money’. ...
The prudential regulator has appointed Clare Gibney as executive director for advice and policy, replacing Renee Roberts in a series of director changes....
Former APRA board member and MLC Superannuation and Investment chief executive, Geoff Summerhayes, has taken over as chair of Zurich Financial Services Australia. ...
Money Management has reviewed this year’s biggest people moves throughout the industry’s numerous financial organisations....
What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...
The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...
How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...