APRA

Superannuation

Over 30% fewer superannuation fund members have been revealed as having life insurance and total and permanent disability cover as a result of the Government’s successive...

Financial planning

Advice fees are comparatively low on the superannuation fee ladder compared to those for administrators and fund managers....

Life/Risk

Superannuation funds negotiating new group insurance arrangements will have to prove and certify that they are in the best interests of members....

Superannuation

There were a further 21,000 superannuation members who applied for the early release of their super in the week before the scheme ended, with 31% representing repeat appl...

Superannuation

Almost three-quarters of fund professionals expect to see consolidation of the superannuation industry this year in a bid to reduce costs, according to Calastone....

Superannuation

While the superannuation system is working and performing well, there are high cost, scale, and sustainability issues, according to Helen Rowell. ...

Superannuation

Nine superannuation funds, three of which are not for profits, are paying their trustee directors average six figure fees, according to data published by the Australian P...

Policy & Regulation

The funding of consumer submissions by the Australian Securities and Investments Commission’s Consumer Advisory Panel warrants greater scrutiny of the regulator and its a...

Superannuation

The chair of the Australian Prudential Regulation Authority has confirmed how the Government turned super guarantee inflows into outflows. ...

Financial planning

The court enforceable undertaking for its risk governance deficiencies indicates the severity of the bank’s lack of ability to remediate its weaknesses, according to the ...

Superannuation

Some superannuation funds have been confirmed as having faced a liquidity squeeze as a result of the Government’s early release superannuation regime while some members l...

Policy & Regulation

The Australian Prudential Regulation Authority has admitted that the structures surrounding Industry Super Australia and Industry Fund Services have precluded it finding ...

Superannuation

The differing transition timetables of superannuation funds to the new RG97 regime risks skewing the Australian Prudential Regulation Authority’s performance heatmaps....

Superannuation

Self-managed superannuation funds have become more competitive with Australian Prudential Regulation Authority regulated funds over the past seven years but having a soli...

Financial planning

As an acknowledgement of the “substantial progress” the bank has made on its remedial action plan to improve its risk management capability, the Australian Prudential Reg...

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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 1 week ago

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

2 months 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 1 week ago

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

1 week 4 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

2 weeks 6 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

3 weeks 3 days ago
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