APRA
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....
Superannuation
When it comes to superannuation, the law of common sense often does not suffice, Patrick Jackson writes....
Superannuation
Superannuation funds must change their asset allocation to accommodate the evolving income and liquidity requirements of members, Mark Thomas writes....
Superannuation
The latest Australian Prudential Regulation Authority (APRA) data showed life insurance net profit after tax stood at $2.7 billion, with super making up a huge chunk....
Superannuation
APRA has admitted it doesn’t monitor the expenses of superannuation fund executives or trustees....
Financial planning
The financial services industry will pay $30 million less to be regulated after the Federal Government released details of the levies that it will be charged to fund the ...
Financial planning
Banks are being warned against high risk lending by the Australian Prudential Regulation Authority (APRA), as house prices continue to grow in many markets across the cou...
Superannuation
The ATO has confirmed the television advertising campaign launched to support Labor’s superannuation changes cost $16.56 million before it was terminated by the Abbott Go...
Financial planning
High levels of debt and house prices set up Australian banks for crash they are unlikely to survive without recourse to tax-payer funds. ...
Life/Risk
IAG’s acquisition of Westfarmer’s NZ underwriting operations has gained trans-Tasman competition sign-off....
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MARKET INSIGHTS
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...