APRA

Superannuation

Concerns about the fees being charged on default superannuation funds are prompting calls for the final transition date for savings to be moved to a MySuper account to be...

Financial planning

The Australian Prudential Regulation Authority (APRA) is seeking reassurances from lenders that they will monitor lending standards, as concerns about the housing market ...

Superannuation

Industry fund lobbyists have had a go at the big banks, saying only $13 billion of savings in bank-owned funds have moved into MySuper....

Superannuation

FSC has claimed the average MySuper fund offered by its members have outperformed the equivalent offering from industry funds...

Life/Risk

Choice has rejected APRA’s criticisms of insurance comparisons websites stating that its arguments are those “typically heard from vested interests that would prefer not ...

Financial planning

One of Australia’s corporate regulators has been accused of inconsistency in its policing of new entrants to the financial services space, with smaller innovators unfairl...

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APRA uses draft guidance to tell the banks, AMP Limited, Macquarie, Suncorp and Challenger that operational separation is not an option for avoiding losses....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

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