APRA

Superannuation

Nine superannuation funds, three of which are not for profits, are paying their trustee directors average six figure fees, according to data published by the Australian P...

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Policy & Regulation

The funding of consumer submissions by the Australian Securities and Investments Commission’s Consumer Advisory Panel warrants greater scrutiny of the regulator and its a...

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Superannuation

The chair of the Australian Prudential Regulation Authority has confirmed how the Government turned super guarantee inflows into outflows. ...

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Financial planning

The court enforceable undertaking for its risk governance deficiencies indicates the severity of the bank’s lack of ability to remediate its weaknesses, according to the ...

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Superannuation

Some superannuation funds have been confirmed as having faced a liquidity squeeze as a result of the Government’s early release superannuation regime while some members l...

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Policy & Regulation

The Australian Prudential Regulation Authority has admitted that the structures surrounding Industry Super Australia and Industry Fund Services have precluded it finding ...

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Superannuation

The differing transition timetables of superannuation funds to the new RG97 regime risks skewing the Australian Prudential Regulation Authority’s performance heatmaps....

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Superannuation

Self-managed superannuation funds have become more competitive with Australian Prudential Regulation Authority regulated funds over the past seven years but having a soli...

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Financial planning

As an acknowledgement of the “substantial progress” the bank has made on its remedial action plan to improve its risk management capability, the Australian Prudential Reg...

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Policy & Regulation

The Federal Treasurer has sent a tough message to the financial services regulators that they have enough powers and that they are there to deliver on Government policy, ...

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Life/Risk

A Federal Opposition frontbencher has been warned against misinterpreting Australian Prudential Regulation Authority data to suggest that group TPD insurance delivers bet...

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Policy & Regulation

Superannuation funds are being subjected to more scrutiny from the corporate regulator over how they deliver insurance inside super to members at the same time as the reg...

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Superannuation

Faced by suggestions of an investigation by the Australian Securities and Investments Commission, industry fund NGS Super has declared clean hands on investment switching...

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Superannuation

The savings generated by innovations such as Superstream and new technology have been offset by the costs of increased regulation, according to evidence given to a Parlia...

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Policy & Regulation

Matthew Beresford has been charged and arrested, and the funds and websites of Maxwell Financial Services and Asset Capital Holdings have been frozen....

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