APRA

Superannuation

Strong growth in total annual contributions to superannuation funds since the GFC driven by improved economic state in US and UK....

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Financial planning

Australia’s two corporate regulators should be held accountable for fostering competition in the financial services space by way of tight legislative mandates....

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Financial planning

The financial services sector needs a new ASIC commissioner specifically to deal with international regulatory issues....

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Superannuation

New ATO data confirms most Australians have just one superannuation account....

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Editorial

Poor performance of group products is continuing to impact life insurers’ profits, the Australian Prudential Regulation Authority’s Quarterly Report reveals....

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Financial planning

APRA uses draft guidance to tell the banks, AMP Limited, Macquarie, Suncorp and Challenger that operational separation is not an option for avoiding losses....

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Editorial

The financial services regulators have sent a clear message to the life/risk industry about its past mistakes. ...

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Policy & Regulation

The Federal Government appears to have more clearly defined the boundaries of stakeholder status for ASIC and APRA....

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Life/Risk

Both APRA and ASIC express concerns at failure to learn lessons in life/risk sector....

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Financial planning

Fund managers and superannuation funds will be required to make changes in the reporting of taxation that will be comparable in scope with those made for SuperStream unde...

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Policy & Regulation

The Australian Prudential Regulation Authority has refused to conede that the Government’s FOFA changes will generate more risk....

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Life/Risk

APRA deputy chairman claims insurers ignored the regulator’s warnings and ended up with self-inflicted wounds including premium increases of up to 150 per cent....

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Life/Risk

APRA has revealed a number of insuers are in run-off mode because they are no longer viable....

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Financial planning

The Australian Prudential Regulation Authority claims 11 entities it regulates are in the “intensive care ward” but doesn’t name them....

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Financial planning

The Financial Systems Inquiry interim report has acknowledged the funding issues encountered by ASIC and APRA....

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