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APRA
Financial planning
A partner at an insurance firm has shared his thoughts on the outlook for PI insurance as APRA reveals advisers’ premium have risen more than 40 per cent since 2015....
Financial planning
From greenwashing allegations and interim stop orders to fines and penalties, Money Management has rounded up all the disciplinary actions faced by firms in the first ha...
Financial planning
Super funds are demonstrating gaps in their member data, according to a joint APRA/ASIC review, as they are concerned collecting too much information could put them at ri...
Superannuation
A joint ASIC/APRA thematic review has found trustees need to make more progress on enhancing retirement outcomes for members under the Retirement Income Covenant. ...
Superannuation
The Financial Regulator Assessment Authority has released its review of the Australian Prudential Regulation Authority....
Superannuation
OnePath Custodians has been fined $1.46 million for failing to direct 125 member contributions to a MySuper product....
Financial planning
Less than 1 per cent of total advisers are ‘pure risk’ advisers as commission changes and premium increases drive them out of the profession or into new advice careers, s...
People & Products
AUSTRAC has accepted an enforceable undertaking from the Bank of Queensland to improve its compliance with Australia’s anti-money laundering and counter-terrorism financi...
Financial planning
Treasury has issued a consultation paper detailing the proposed levy figures for APRA and ASIC in 2023-24....
Funds management
The country's financial regulators have sought to temper fears of a crisis following the collapse of three US banks. ...
Outsider
When it comes to human interest stories, the Australian Prudential Regulation Authority is keen to let the organisations it regulates know its staff are more than just fa...
People & Products
Allianz Retire+ has launched a retirement income product offering guaranteed income for life with 10 million people expected to retire over the next 20 years....
Policy & Regulation
In a tense exchange with APRA representatives, Senator Matt Canavan questioned if the regulator’s climate vulnerability assessments were ‘a complete waste of money’. ...
Policy & Regulation
In a tense exchange with APRA representatives, Senator Matt Canavan questioned if the regulator’s climate vulnerability assessments were ‘a complete waste of money’. ...
People & Products
The prudential regulator has appointed Clare Gibney as executive director for advice and policy, replacing Renee Roberts in a series of director changes....
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Podcast
By having trustees supervise client directed payments from their pension funds, Stephen Jones and the federal Labor gove...
Now we now the size of Stephen Jones' CSOLR tax, I doubt anyone will be employer any new financial adviser from this poi...
Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...