APRA

Financial planning

Cultural and behavioural changes need to take place within the financial services sector if it is to remedy issues exposed by the GFC, APRA chairman Wayne Byres says....

Superannuation

The Australian Prudential Regulation Authority has rebuffed industry fund arguments on super fund governance, arguing independent directors are both desirable and benefic...

Superannuation

APRA-regulated funds must focus on regulatory compliance and be wary of misleading new and existing members, according to SMSF Association chief executive, Andrea Slatter...

Financial planning

Regulators like ASIC and APRA were requesting their overseas counterparts to help them scrutinise financial institutions, a law firm said....

Superannuation

The Australian Prudential Regulation Authority has dropped the requirement that key superannuation board committees need to have a majority of independent directors....

Superannuation

The Australian Prudential Regulation Authority’s new reporting standards for super funds confirm continuing bureaucratic life for planner trailing commissions....

Superannuation

APRA has stated it sees no sizeable problems around the funding of Industry Super Australia and its lobbying efforts against Government Budget measures....

Financial planning

New APRA data confirms that despite talk of equal representation, women make up only a quarter of those on industry fund boards....

Financial planning

Industry Super Australia has told the Australian Prudential Regulation Authority that retail super funds are disguising investment costs via the use of platforms....

Superannuation

Revised superannuation reporting standards relating to fees, investment performance and asset allocation will come into force from 1 July 2016, APRA has confirmed....

Policy & Regulation

APRA actions Financial System Inquiry recommendation telling banks to lift capital requirements backing residential mortgages....

Funds management

A new APRA analysis has pointed to Australia’s major banks needing to significantly lift their capital adequacy ratios to meet the aspirations of the FSI report....

Superannuation

The Federal Governments move to ensure superannuation funds have one-third of their directors independent, is critical to the governance, the SMSF Association believes....

Funds management

APRA deputy chairman, Ian Laughlin, has identified the market power of industry funds and how it has influenced the group life market. ...

Life/Risk

APRA deputy chairman, Ian Laughlin claims life companies have pursued questionable practices in their pursuit of adviser business....

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