APRA
Policy & Regulation
The Federal Treasurer has sent a tough message to the financial services regulators that they have enough powers and that they are there to deliver on Government policy, ...
Life/Risk
A Federal Opposition frontbencher has been warned against misinterpreting Australian Prudential Regulation Authority data to suggest that group TPD insurance delivers bet...
Policy & Regulation
Superannuation funds are being subjected to more scrutiny from the corporate regulator over how they deliver insurance inside super to members at the same time as the reg...
Superannuation
Faced by suggestions of an investigation by the Australian Securities and Investments Commission, industry fund NGS Super has declared clean hands on investment switching...
Superannuation
The savings generated by innovations such as Superstream and new technology have been offset by the costs of increased regulation, according to evidence given to a Parlia...
Policy & Regulation
Matthew Beresford has been charged and arrested, and the funds and websites of Maxwell Financial Services and Asset Capital Holdings have been frozen....
Superannuation
The Australian Prudential Regulation Authority’s MySuper heatmaps are facing adjustment to accommodate the Government’s Budget proposals on superannuation fund performanc...
Life/Risk
Consumers will have the choice between sticking with increasingly expensive features-rich income protection products or moving to more affordable products to be launched ...
Superannuation
Super trustees are failing to provide the Australian Prudential Regulation Authority with sufficient data to meet requirements with the regulator highlighting specific in...
Life/Risk
From 1 October life insurance companies will be subject to upfront capital penalties until the Australian Prudential Regulation Authority is assured they have taken adequ...
Superannuation
The latest data around the Government’s hardship early release superannuation regime has confirmed that only mega-funds could have coped with the level of outflows genera...
Financial planning
The Customer Owned Banking Association and Master Builders Australia have both welcomed proposed credit reforms from the Federal Government to allow easier access to cred...
Superannuation
The Australian Prudential Regulation Authority has revealed that it has almost seven times more former retail superannuation fund staffers than those who have worked in i...
Superannuation
The Australian Securities and Investments Commission is backing the Federal Court’s precedent in the IOOF case on how and when superannuation funds can use member reserve...
Superannuation
The regulatory body will restart licensing activity for banks, insurers, and super funds with the first phase to start in September, 2020, and the second in March, 2021....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...