APRA
Financial planning
The authority has increased the bank’s capital requirement to $1 billion and will focus on directors and senior managers that breached the Banking Act in relation to the ...
Policy & Regulation
The Australian Prudential Regulation Authority has named the major consultancies which assisted with its heat map development – Rice Warner, Deloitte and David Bell – but...
Superannuation
The founder of one of Australia’s first dedicated superannuation fund research and ratings firms has suggested that the Australian Prudential Regulation Authority should ...
Superannuation
Trustees of the worst performing products have been contacted by the Australian Prudential and Regulation Authority to provide action plans on how they will address ident...
Superannuation
Twenty under-performing superannuation funds are facing almost immediate heat-map pressure from the Australian Prudential Regulation Authority and a further 20 will find ...
Superannuation
Superannuation fund heatmaps may be one of the most significant new challenges to confront superannuation fund boards, but the Australian Prudential Regulation Authority ...
Financial planning
The quality of advice provided by retail funds and industry funds have been found to be similar, according to the Australian Securities and Investments Commission....
Life/Risk
The Australian Prudential Regulation Authority has ruled a line under the use of Agreed Value disability insurance policies declaring their use must cease....
Life/Risk
The Australian Prudential Regulation Authority has intervened in the disability income insurance market imposing capital requirements on insurers....
Superannuation
The latest Australian Prudential Regulation Authority has confirmed an annual industry-wide rate of return from superannuation is just 7.4% . Is that good enough?...
Superannuation
Superannuation funds operating within vertically-integrated structures will have to more definitely prove the value of the insurance cover they are offering to members....
Policy & Regulation
The board of IOOF Limited has declared former managing director, Chris Kelaher’s deferred shares forfeit despite the company’s defeat of the Australian Prudential Regulat...
Superannuation
The regulator’s new tool needs to be refined to include rigorous benchmarks and Choice products, Industry Super Australia believes....
Superannuation
The Financial Services Council has urged caution on the use of the Australian Prudential Regulation Authority’s proposed heatmapping exercises when making comparisons bet...
Expert Analysis
An unpresented case could allow APRA to amend the existing risk management prudential standard to require super trustees to consider climate change as a material risk to ...
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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...