APRA

Life/Risk

The Australian Prudential Regulation Authority’s latest Life Insurance Institution-level statistics publication has managed to paint a picture of the industry as it was u...

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Superannuation

The Australian Prudential Regulation Authority’s decision to impose new licensing conditions on AMP’s superannuation businesses could not have come at a worse time, with ...

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Policy & Regulation

The Australian Prudential Regulation Authority has imposed new conditions on AMP’s superannuation businesses including board renewal and removal of conflicts of interest....

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Policy & Regulation

The Australian Prudential Regulation Authority has imposed new conditions on AMP’s superannuation businesses including board renewal and removal of conflicts of interest....

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Policy & Regulation

The newly-installed Assistant Minister for Financial Services, Senator Jane Hume, is being asked to review why the Government did not compensate some Trio/Astarra collaps...

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Life/Risk

Disability insurance is continuing to significantly drag on the bottom lines of the major insurers despite goodwill “discrete goodwill write-offs”...

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Financial planning

The weakening in the Australian economy has been triggered by a protracted downturn in the housing market, according to Fitch Ratings....

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Superannuation

Rice Warner has warned that the Coalition’s election doesn’t mean the superannuation industry will see a period of policy stability, with some areas of possible reform in...

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Policy & Regulation

The Australian Prudential Regulation Authority has put a number of financial institutions on notice that their governance arrangements are such that they risk being subje...

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Financial planning

Fitch Ratings believes that the Australian Prudential Regulation Authority proposals could slightly raise risk within mortgage portfolios where borrowers are granted mort...

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Financial planning

APRA’s scrapping of the seven per cent ‘stress test’ buffer on home loans will see an increase in borrowing capacity for owner-occupiers, according to RiskWise Property R...

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SMSF

Self-managed superannuation funds both outperformed other super fund options and saw a decrease in operational costs, according to the latest statistics from the Australi...

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Financial planning

The Australian Prudential Regulation Authority has authorised Societe Generale as a foreign authorised deposit-taking institution....

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Policy & Regulation

The transaction underpinning the transfer of the ANZ OnePath Pensions and Investments business to IOOF remains on track, but ANZ has made clear it is continuing to monito...

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Policy & Regulation

The Australian Securities and Investments Commission has written to the chief executives of several major financial institutions, encouraging them to transition away from...

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MARKET INSIGHTS

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