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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...

Funds management

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

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....

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-...

Superannuation

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

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. ...

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...

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...

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...

Superannuation

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

Policy & Regulation

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

Life/Risk

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

Superannuation

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

Policy & Regulation

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

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...

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