APRA

Superannuation

Strong growth in total annual contributions to superannuation funds since the GFC driven by improved economic state in US and UK....

Financial planning

Australia’s two corporate regulators should be held accountable for fostering competition in the financial services space by way of tight legislative mandates....

Financial planning

The financial services sector needs a new ASIC commissioner specifically to deal with international regulatory issues....

Superannuation

New ATO data confirms most Australians have just one superannuation account....

Editorial

Poor performance of group products is continuing to impact life insurers’ profits, the Australian Prudential Regulation Authority’s Quarterly Report reveals....

Financial planning

APRA uses draft guidance to tell the banks, AMP Limited, Macquarie, Suncorp and Challenger that operational separation is not an option for avoiding losses....

Editorial

The financial services regulators have sent a clear message to the life/risk industry about its past mistakes. ...

Policy & Regulation

The Federal Government appears to have more clearly defined the boundaries of stakeholder status for ASIC and APRA....

Life/Risk

Both APRA and ASIC express concerns at failure to learn lessons in life/risk sector....

Financial planning

Fund managers and superannuation funds will be required to make changes in the reporting of taxation that will be comparable in scope with those made for SuperStream unde...

Policy & Regulation

The Australian Prudential Regulation Authority has refused to conede that the Government’s FOFA changes will generate more risk....

Life/Risk

APRA deputy chairman claims insurers ignored the regulator’s warnings and ended up with self-inflicted wounds including premium increases of up to 150 per cent....

Life/Risk

APRA has revealed a number of insuers are in run-off mode because they are no longer viable....

Financial planning

The Australian Prudential Regulation Authority claims 11 entities it regulates are in the “intensive care ward” but doesn’t name them....

Financial planning

The Financial Systems Inquiry interim report has acknowledged the funding issues encountered by ASIC and APRA....

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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 3 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. ...

2 weeks ago

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

6 days 3 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. ...

1 week ago