APRA

Policy & Regulation

The Australian Securities and Investments Commission has been formally legislatively uncoupled from the Australian Public Service, allowing it to employ people on competi...

image
Policy & Regulation

The Australian Prudential Regulation Authority has pointed to multiple instances where lower level bank employees have suffered pay cuts related to failures, but their ex...

image
Financial planning

The Royal Commission has been told that the AMP Super trustee had little or no knowledge of what AMP advisers were doing in relation to recommending superannuation produc...

image
Policy & Regulation

In an effort to strengthen the regulator, the Turnbull Government has nominated Treasury veteran John Lonsdale to fill a newly created second deputy chair role at the Aus...

image
Policy & Regulation

The Australian Prudential Regulation Authority (APRA) has told the Productivity Commission it needs more powers and that its lack of powers has inhibited its ability to b...

image
Life/Risk

The Australian Prudential Regulation Authority has backed life insurers playing a greater role in injured worker rehabilitation subject to a unified approach with other i...

image
Superannuation

The Productivity Commission has been warned that both its methodology and attitude to self-managed superannuation funds may have opened the sector to attack from other el...

image
Policy & Regulation

The new Australian Financial Complaints Authority will kick off with a staff of around 550 people with the industry providing funding based on an APRA-style levy....

image
Superannuation

Class Limited has highlighted what it describes as significant SMSF gaps in the Productivity Commission's Superannuation Report and said is performing its own analysis to...

image
Superannuation

A Royal Commission background paper has noted the ‘relatively high proportion’ of industry fund expenses not explained through publicly-available data....

image
Financial planning

The Association of Financial Advisers has urged the Australian Prudential Regulation Authority to make the claims-handling performance of the major life insurers public, ...

image
Superannuation

The SMSF Association has confirmed just how common it is for self-managed superannuation fund trustees to maintain low balances in Australian Prudential Regulation Author...

image
Superannuation

The Australian Prudential Regulation Authority has confirmed that removing the compulsion from insurance inside superannuation for those aged under 25 will have serious i...

image
Life/Risk

The Australian Prudential Regulation Authority has shown concern that poor disability income insurance, reporting that the performance and sustainability of DII products ...

image
Superannuation

The Australian Prudential Regulation Authority has warned superannuation funds to stop claiming non-cash investments such as mortgage-backed securities are equivalent to ...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks 1 day ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks 2 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks 2 days ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 1 day ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

4 weeks 1 day ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 2 days ago