APRA

Superannuation

Following the release of Choice super data, the Australian Institute of Superannuation Trustees is calling for the Government to amend legislation to prevent any member b...

Superannuation

While there is a justification for superannuation funds spending money on marketing and sponsorship, this should be measured by clear metrics rather than its own qualitat...

Superannuation

Forty MySuper products resubmitted material data in relation to the Your Future, Your Super performance test. ...

Superannuation

The prudential regulator will publish its findings of its investigation into the impact of the best financial interests duty on marketing expenditure of 12 superannuation...

Financial planning

Despite concerns, the current market environment is better than many think thanks to support from central banks and governments....

Life/Risk

Income protection complaints accounted for the most complaints in regards to life insurance during FY2020-21, especially when it came to the calculation of benefits for b...

Superannuation

Investment has to be front and centre in these merger discussions whether to establish if it’s the best outcome for members – rather than fees – according to Frontier....

Superannuation

As the Government grapples with the superannuation industry having too much control over capital, its push for super mergers is having the unintended consequence of furth...

Financial planning

The prudential regulator has been questioned on whether its superannuation Your Future, Your Super test pass/fail result was enough to help funds improve. ...

People & Products

Former Macquarie Group chief executive Nicholas Moore will be chair of the authority that will oversee the corporate and prudential regulators....

Policy & Regulation

The regulator has outlined the purpose, design and scope of its climate vulnerability assessment to help regulated entities, including the largest banks, understand and m...

Superannuation

The prudential regulator is open to improving the system, particularly as it expects to include Choice products next year, but it wants to keep it simple for consumers....

Superannuation

The prudential regulator has released its performance test results but an industry association has urged consumers to treat the results with “extreme caution”....

Policy & Regulation

The remuneration standard comes into effect at the start of 2023 and aims to create more balanced incentive structures for the superannuation, insurance, and banking indu...

Life/Risk

While investment market performance boosted the industry’s financial performance to $1 billion in FY21, individual disability income insurance continued to report losses....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 4 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 6 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 4 days ago
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