APRA

Financial planning

Regulators echo calls for central clearing

Australia’s financial regulators have joined forces to back central clearing on dealer-traded derivatives....

Superannuation

AIST continues push on conflicted remuneration

AIST has used its initial FSR submission to continue its push against conflicted remuneration, particularly asset-based fees....

Accounting

Accountants defend ATO’s SMSF jurisdiction

The ICAA has defended the ATO’s SMSF jurisdiction while suggesting consumers need to take more responsibility for their advice outcomes....

Editorial

Where to now for the Financial Ombudsman Service?

If financial planners were given a choice between the model underpinning the Superannuation Complaints Tribunal and that underpinning the Financial Ombudsman Service, wha...

Superannuation

MySuper shift to expose systemic risks

Concentration of funds will challenge viability of new default fund products....

Superannuation

APRA refines super reporting standards

APRA has revised six of its superannuation reporting standards after complaints of confusion from key stakeholders....

Superannuation

ASIC and APRA clarify MySuper approach

ASIC and APRA jointly clarify the need for consistent information on MySuper products....

Editorial

Keeping our regulators non-political

The executive director of the Revenue Group within the Federal Treasury, Rob Heferen, made a very important point to last month’s SPAA conference in Brisbane: any change ...

Editorial

Fair Work Commission raises the MySuper stakes

MySuper and the default funds under modern awards regime have been areas of controversy for many months but, as Mike Taylor writes, the actions of the Fair Work Commissio...

Life/Risk

Under-insurance levels over 50 per cent

High levels of under-insurance are raising social security costs, with more than a third having no disability insurance....

Financial planning

FSC says set boundaries for ASIC/APRA

FSC chief executive John Brogden says the former Government too often ceded authority to the financial services regulators and boundaries need to be set. ...

Editorial

Whose interests does Industry Super Australia represent?

In case financial planners have not noticed, the Abbott Government’s moves to change FOFA, either by regulation or legislative amendment, has been the subject of a concer...