APRA

Superannuation

The Australian Prudential Regulation Authority has warned superannuation funds that they have a higher duty to member best interests and may be held to account when it co...

image
Funds management

IOOF remained positive despite third quarter fund inflows well down on the previous corresponding period....

image
Life/Risk

The Australian Prudential Regulation Authority has set the major life insurers an eight-week deadline to correct their issues on disability income insurance....

image
Superannuation

A regulatory review of the 2013 prudential framework for the super industry has found that while its objectives were largely met, more change may be needed to keep it up-...

image
Superannuation

The Australian Prudential Regulation Authority has confirmed superannuation funds will need to undertake annual Business Performance Reviews starting next year....

image
People & Products

The Australian Prudential Regulation Authority has granted a new licence to Judo Bank, to operate as an authorised deposit-taking institution without restrictions. ...

image
Policy & Regulation

The Australian Prudential Regulation Authority will leverage its Enforcement Review to implement a tougher approach including use of its formal powers including direction...

image
People & Products

IOOF has made a key appointment to its advice governance team, just one day after its chief executive, Chris Kelaher, stepped aside as the company faces intense regulator...

image
Superannuation

Federal Parliament yesterday passed legislation intended to weed out underperforming superannuation fund trustees, in a move that a major industry body said would “end th...

image
Superannuation

A positive budget outlook should spur important long-term policy direction, according to the Actuaries Institute....

image
Policy & Regulation

The Government has confirmed its funding promises with respect to the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority....

image
Life/Risk

New data on life insurance claims and disputes has confirmed clients are often better off when they use an adviser....

image
Superannuation

The Australian Prudential Regulation Authority has declared it will be judging superannuation fund performance on more than just investment returns....

image
Policy & Regulation

The Australian Prudential Regulation Authority chairman, Wayne Byers, has signalled a stronger approach on the Bank Executive Accountability Regime, including post-vestin...

image
Policy & Regulation

The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have already been identified as major funding winners from next mo...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks 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 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

4 days 20 hours 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. ...

5 days 23 hours ago