AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY

Life/Risk

APRA says it will consider granting insurers transition time to higher capital standards on a case-by-case basis....

image
Financial planning

Treasury officials are continuing to apportion blame to financial planners for some Trio Capital losses....

image
Financial planning

APRA seeks to create distance from blame around Trio Capital while pointing to deficiencies of SMSF trustees and financial planners....

image
Superannuation

APRA admits it does not collect data on how long superannuation funds take to administer rollovers and has no view on what might represent best practice....

image
Editorial

With the FOFA, Stronger Super and MySuper reforms finally taking shape, the financial services industry has a clearer picture of what the future holds, writes Chris Kenne...

image
Editorial

With the Parliamentary Joint Committee on Corporations and Financial Services having last week handed down its final report on the collapse of Trio Capital, it is worth r...

image
Editorial

The last APRA regulatory failure around HIH Insurance saw heads roll. Mike Taylor asks whether the gravity of the Trio Capital collapse ought not to justify similar punis...

image
Superannuation

Legislation allowing greater powers for the Australian Prudential Regulation Authority in dealing with superannuation fund directors has been passed through the House of ...

image
Financial planning

Product providers should be responsible for funding a last resort compensation scheme, according to the SMSF Professionals' Association of Australia....

image
Superannuation

Reports of payments to a union official and a mandate to a property developer have intensified the spotlight on industry superannuation funds governance....

image
Superannuation

The Treasury has invited consultation on its proposal to provide merging APRA-regulated superannuation funds with the option to roll over tax losses to the receiving enti...

image
Financial planning

Minister for Financial Services Bill Shorten canvasses SMSF compensation levy while fingering some financial advisers on Trio Capital collapse....

image
Financial planning

The Parliamentary Joint Committee investigating the Trio Capital collapse says it is more troubling than Storm Financial, and the FOFA changes are unlikely to stop a repe...

image
Superannuation

Opposition urges action to extend compensation to a wider range of Trio Capital investors....

image
Financial planning

APRA has warned banks about ensuring cost-cutting does not result in unintended consequences....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 6 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 4 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

2 weeks 4 days ago