APRA

Financial planning

The quality of advice provided by retail funds and industry funds have been found to be similar, according to the Australian Securities and Investments Commission....

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Life/Risk

The Australian Prudential Regulation Authority has ruled a line under the use of Agreed Value disability insurance policies declaring their use must cease....

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Life/Risk

The Australian Prudential Regulation Authority has intervened in the disability income insurance market imposing capital requirements on insurers....

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Superannuation

The latest Australian Prudential Regulation Authority has confirmed an annual industry-wide rate of return from superannuation is just 7.4% . Is that good enough?...

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Superannuation

Superannuation funds operating within vertically-integrated structures will have to more definitely prove the value of the insurance cover they are offering to members....

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Policy & Regulation

The board of IOOF Limited has declared former managing director, Chris Kelaher’s deferred shares forfeit despite the company’s defeat of the Australian Prudential Regulat...

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Superannuation

The regulator’s new tool needs to be refined to include rigorous benchmarks and Choice products, Industry Super Australia believes....

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Superannuation

The Financial Services Council has urged caution on the use of the Australian Prudential Regulation Authority’s proposed heatmapping exercises when making comparisons bet...

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Expert Analysis

An unpresented case could allow APRA to amend the existing risk management prudential standard to require super trustees to consider climate change as a material risk to ...

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Superannuation

Senator Jane Hume has sought to dispel myths and excuses trustees have used to avoid merging....

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Policy & Regulation

APRA’s heatmap will include four investment performance measures that reflect the level of growth or defensive assets and trustees will have no excuse as to why a metric ...

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Superannuation

The Australian Prudential Regulation Authority has moved ahead of Government legislative amendments to outline a simplification of the rules around insurance inside super...

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Policy & Regulation

In a bid to lift regulatory burden on super funds the two regulators are looking to share data for areas of common interest....

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Life/Risk

The Australian Prudential Regulation Authority has produced data confirming the value of life/risk advisers at claim time....

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Superannuation

Industry superannuation funds have welcomed an announcement by the Australian Prudential Regulation Authority that it will begin collecting data on choice superannuation ...

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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....

5 days 7 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 3 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 1 day ago