APRA

Financial planning

Disadvantaged investors are not bound by yesterday’s undertaking to industry regulators by the National Australia Bank to pay $67.2 million in compensation following prod...

Financial planning

Master trust provider Strategic Investments will change its name to Finium Financial Services as part of a relaunch designed to distance itself from other groups and emph...

Financial planning

Self managed superannuation funds (SMSFs) are gaining popularity as members choose to DIY rather than entrust super fund trustees with their retirement savings, according...

Financial planning

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have accepted enforceable undertakings from AM Corpo...

Financial planning

The Financial Planning Association (FPA) has criticised the Australian Competition and Consumer Commission’s (ACCC) Public Liability and Professional Indemnity Insurance ...

Financial planning

Insurer Rural & General Insurance Broking has attracted more regulatory attention, this time from the Australian Securities and Investments Commission (ASIC), over concer...

Funds management

Australian Prudential Regulation Authority (APRA) chief executive, Graeme Thompson, will end his five year term of appointment at the end of the month, it was announced t...

Life/Risk

Superannuation insurance premiums accounted for the lion’s share of total life office revenue received during the March quarter 2003, according to the Australian Prudenti...

Financial planning

One of Australia’s largest public companies Wesfarmers Limited has emerged as the potential buyer of insurance and financial services group Lumley, entering into exclusiv...

Financial planning

Superannuation makes up 87 per cent of all life office assets and accounts for 88 per cent of premiums as at December 2002, according to new statistics from the Australia...

Funds management

The Australian Prudential Regulation Authority (APRA) is again being sued for defamation by Rural & General Insurance Broking, following an earlier aborted defamation pro...

Financial planning

The insurance industry’s high professional indemnity (PI) premium levels are here to stay, with an estimate of at least 12 months before insurance companies are able to l...

Financial planning

Shadow minister for retirement incomes and savings, Senator Nick Sherry, has pointed to figures released last week by the Australian Prudential Regulation Authority on su...

Financial planning

More than 80 per cent of do-it-yourself (DIY) super fund investors believe their accountant or financial adviser will be held responsible if their fund breaches super leg...

Financial planning

The corporate superannuation market might be shrinking but opportunities for advisers still abound. Craig Phillips reports....

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