APRA

Financial planning

The Assistant Treasurer, Mal Brough has told the Conference of Major Superannuation Funds being held in Hobart that industry funds are not being discriminated against by ...

Funds management

Industry speculation that changes to the asset test exemption would trigger a rush by investors into annuities has been supported by new statistics compiled by the Austra...

Financial planning

Mercer Human Resources Consulting has secured Australia’s biggest actuarial name, with David Knox joining its Melbourne-based superannuation consulting division this week...

Superannuation

People running self-managed superannuation funds need to review their position with respect to compliance at least three or four times a year, according to specialist sup...

Financial planning

A Melbourne man, David Foulds, has been placed on an 18-month good behaviour bond and ordered to pay $1,500 to charity after pleading guilty to charges of having breached...

Superannuation

The trustees of a number of self-managed superannuation funds can expect to be contacted by both the Australian Taxation Office (ATO) and the Australian Prudential Regula...

Superannuation

The trustees of a number of self-managed superannuation funds can expect to be contacted by both the Australian Taxation Office and the Australian Prudential Regulation A...

Financial planning

National Australia Bank has provided the Australian Securities and Investments Commission with an enforceable undertaking to improve key systems and controls in its finan...

Financial planning

The peak industry body representing hedge funds in Australia, the Alternative Investment Management Association has appointed a new chairman with Vertex Capital Manageme...

Financial planning

General insurers and life insurance companies will be required to identify, assess and manage potential disruptions to the functioning of their business including bomb th...

Financial planning

The Australian Prudential Regulation Authority says it has completed enforcement action against five directors of the former trustee of the Queensland-based Employees Pro...

Financial planning

The Australian Prudential Regulation Authority has banned 13 individuals associated with the Victorian-based Wall and Ceiling Superannuation Fund from acting as trustees ...

Financial planning

Industry Fund Services has vehemently rebutted a barrage of stinging accusations directed at it by South Australian Liberal back-bencher Grant Chapman, who used parliamen...

Financial planning

The Federal government will channel an extra $11 million into the Australian Prudential Regulation Authority over the next financial year, financed through widespread lev...

Financial planning

The Australian Prudential Regulation Authority is ramping up efforts to ensure superannuation trustees comply with the new superannuation licensing regime due to come int...

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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...

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

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

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

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