APRA

Policy & Regulation

The Australian Prudential Regulatory Authority was given less than one day to consider the early access to super scheme. ...

image
Life/Risk

Individual disability income insurance as the worst hit risk product at a loss of $1.4 billion over the year to March 2020, according to data. ...

image
Superannuation

Too many superannuation fund trustees have been looking for excuses not to merge rather than getting on with the process in the best interests of their members, according...

image
Superannuation

New Australian Prudential Regulation Authority data has revealed the lowest rate of return for superannuation since data began being collected 15 years’ ago. ...

image
Policy & Regulation

IOOF has walked away from a class action initiated against it in the wake of the Royal Commission and action by the Australian Prudential Regulation Authority with a quie...

image
Superannuation

Almost all of BT’s Advance Retirement Suite early access to super payments have taken between six to nine days, according to Australian Prudential Regulation Authority (A...

image
Superannuation

Superannuation funds may not have been responsible for the $150,000 early release fraud being investigated by the Australian Federal Policy but their members will ultimat...

image
Policy & Regulation

Firms marketing fixed term investment products as a substitute for bank term deposits have been placed on notice by the Australian Securities and Investments Commission. ...

image
Superannuation

The newly formed entity has completed the purchase of Diversa Trustees, CCSL, and Tidswell Financial Services....

image
Superannuation

During the first week of the early super release payments scheme trustees paid members $1.3 billion, according to data....

image
Financial planning

Lower superannuation fund returns over the long term may see financial planners forced to change their traditional advice model around superannuation, particularly for th...

image
Features

Self-managed superannuation funds have been weathering the COVID-19 storm, writes Mike Taylor, but should be alert to the price they may be asked to pay as part of the re...

image
Life/Risk

Data needs to be collected on the fees paid to lawyers on group life insurance claims, according to the Association of Financial Advisers....

image
Financial planning

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...

image
Financial planning

Risk advisers need to explain why consumers can be worse off taking advised insurance when compared to those taking group insurance within superannuation, according to pl...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

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

2 months 2 weeks ago

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

4 months 3 weeks ago

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

4 days 15 hours ago

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

1 week 2 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks ago