APRA

Financial planning

AMP Limited has cleared one of the final hurdles to the demerger of its Australian and UK operations, following receipt today of ‘in principle’ approval from the Australi...

Funds management

Superannuation fund members have been warned against engaging the services of individuals or companies promoting early access to retirement benefits and threatened with s...

Financial planning

The Australian Parliament’s primary supervisory watchdog, the Australian National Audit Office, has recommended tightening the Australian Prudential Regulation Authority’...

Funds management

The Australian Tax Office (ATO) and the Australian Prudential Regulation Authority (APRA) have launched a new online registration system to streamline the starting up of ...

Editorial

Despite the flurry of interest they generated when introduced to the Australian market, the take up of hedge funds has been slow. Ben Abbott reports....

Financial planning

The Australian Labor Party (ALP) has emerged as the only major critic of the superannuation deal struck between the Government and the Australian Democrats to introduce a...

Financial planning

Disadvantaged investors are not bound by yesterday’s undertaking to industry regulators by the National Australia Bank to pay $67.2 million in compensation following prod...

Financial planning

Master trust provider Strategic Investments will change its name to Finium Financial Services as part of a relaunch designed to distance itself from other groups and emph...

Financial planning

Self managed superannuation funds (SMSFs) are gaining popularity as members choose to DIY rather than entrust super fund trustees with their retirement savings, according...

Financial planning

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have accepted enforceable undertakings from AM Corpo...

Financial planning

The Financial Planning Association (FPA) has criticised the Australian Competition and Consumer Commission’s (ACCC) Public Liability and Professional Indemnity Insurance ...

Financial planning

Insurer Rural & General Insurance Broking has attracted more regulatory attention, this time from the Australian Securities and Investments Commission (ASIC), over concer...

Funds management

Australian Prudential Regulation Authority (APRA) chief executive, Graeme Thompson, will end his five year term of appointment at the end of the month, it was announced t...

Life/Risk

Superannuation insurance premiums accounted for the lion’s share of total life office revenue received during the March quarter 2003, according to the Australian Prudenti...

Financial planning

One of Australia’s largest public companies Wesfarmers Limited has emerged as the potential buyer of insurance and financial services group Lumley, entering into exclusiv...

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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....

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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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