APRA

Policy & Regulation

APRA has finalised updates on the Prudential Standard APS 222 to reduce contagion risk within banking groups....

Policy & Regulation

The Australian Securities and Investments Commission has used AMP and its lawyers, Clayton Utz, as examples of successful enforcement action by the regulator....

Superannuation

NSW Liberal Senator, Andrew Bragg has signalled the prospect of a crack-down on superannuation activists who seek to use member funds to exact influence on listed compani...

Policy & Regulation

Allianz Australia has been hit by a $250 million additional capital requirement by the Australian Prudential Regulation Authority....

Policy & Regulation

The Australian Prudential Regulation Authority has confirmed that a number of superannuation funds are facing the possibility of legal action as early as next month on th...

Policy & Regulation

The Australian Prudential Regulation Authority chairman, Wayne Byers has urged financial services companies to embrace the need for self-regulation at both industry and c...

Outsider

It is possibly a measure of Outsider’s recent bout of insomnia (perhaps the Ashes is being played in mother England) that he found himself reading the so-called ‘Promonto...

Policy & Regulation

APRA has fined the bank and two of its entities $1.5 million....

Policy & Regulation

National Australia Bank has again found itself the subject of adverse media following the publication of leaked audit documents relating to its risk governance standards....

Policy & Regulation

Three banks have been asked by the Australian Prudential Regulation Authority to tighten their intra-group funding arrangements. ...

Superannuation

The average and medium establishment balances for self-managed super funds (SMSFs) have seen a 38 per cent increase to $521,000, compared to $370,000 in the previous four...

Policy & Regulation

The organisation representing victims of the Trio Capital collapse of criticised the Assistant Minister for Financial Services, Senator Jane Hume, for suggesting the Aust...

Superannuation

The Australian Institute of Superannuation Trustees flagged that superannuation needed different treatment to other institutions by the Australian Prudential Regulation A...

Policy & Regulation

A critical Government-commissioned review of the Australian Prudential Regulation Authority appears likely to see it adopting a more overtly forceful approach based on st...

Financial planning

Aussie politicians make “politicised and dishonest decisions about ‘fraud’” despite having no law enforcement of forensic investigation skills, Victims of Financial Fraud...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months ago

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2 months 1 week ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

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The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

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A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

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