AMP superannuation trustees are to pay $45 million in remediation relating to final matters referred from the Royal Commission....
Administration fees on Choice products are 40% higher than for MySuper products, according to the regulator, with a $100,000 balance paying $391 per annum....
The claim admittance rate for advice individuals for disability income insurance was at 95% compared to 89% for non-advised clients, according to data from the prudential...
Risk specialists, Australian Financial Risk Management have hit back at plaintiff law firm Maurice Blackburn suggesting it has criticised risks advisers on the basis of s...
The vast majority of eligible Australians should receive early superannuation payments within five business days, according to Australian Prudential Regulation Authority ...
The Australian Securities and Investments Commission was only conducting five investigations relating to industry funds compared to 16 relating to retail funds. ...
Both AustralianSuper and UniSuper have been reported as having imposed a downward revaluation of their unlisted assets....
Superannuation industry executives have acknowledged the potential for funds to run into liquidity issues because of the downturn and risk to jobs in the travel, hospital...
A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....
The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have welcomed the proposed reforms aimed at increasing the role of...
The Financial Services Council has recommended the two regulators must collaborate on information, documentation, and data requests and collection....
Superannuation funds have been ‘engaged’ by the regulators over payments to financial advisers and other third parties....
The Australian Prudential Regulation Authority will be imposing a climate change stress test on banks, insurers and superannuation funds....
A major industry fund has told a Senate Committee that the Australian Prudential Regulation Authority’s heatmaps got it wrong because of classification errors....
The Australian Prudential Regulation Authority’s announcement of an increase to Westpac’s capital charge and the commencement of an investigation into possible breaches o...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...