APRA
Financial planning
Fitch Ratings believes that the Australian Prudential Regulation Authority proposals could slightly raise risk within mortgage portfolios where borrowers are granted mort...
Financial planning
APRA’s scrapping of the seven per cent ‘stress test’ buffer on home loans will see an increase in borrowing capacity for owner-occupiers, according to RiskWise Property R...
SMSF
Self-managed superannuation funds both outperformed other super fund options and saw a decrease in operational costs, according to the latest statistics from the Australi...
Financial planning
The Australian Prudential Regulation Authority has authorised Societe Generale as a foreign authorised deposit-taking institution....
Policy & Regulation
The transaction underpinning the transfer of the ANZ OnePath Pensions and Investments business to IOOF remains on track, but ANZ has made clear it is continuing to monito...
Policy & Regulation
The Australian Securities and Investments Commission has written to the chief executives of several major financial institutions, encouraging them to transition away from...
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...
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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...