AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY

Financial planning

Victims of Financial Fraud group lash Medcraft’s call for tougher penalties, citing regulator’s past failures....

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Superannuation

Concerns about the fees being charged on default superannuation funds are prompting calls for the final transition date for savings to be moved to a MySuper account to be...

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Financial planning

The Australian Prudential Regulation Authority (APRA) is seeking reassurances from lenders that they will monitor lending standards, as concerns about the housing market ...

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Financial planning

FPA chairman, Matthew Rowe, has queried the dearth of practicing planners on FSC/AFA insurance working group....

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Superannuation

Industry fund lobbyists have had a go at the big banks, saying only $13 billion of savings in bank-owned funds have moved into MySuper....

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Superannuation

FSC has claimed the average MySuper fund offered by its members have outperformed the equivalent offering from industry funds...

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Financial planning

One of Australia’s corporate regulators has been accused of inconsistency in its policing of new entrants to the financial services space, with smaller innovators unfairl...

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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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Superannuation

A senior Liberal Senator has asked ASIC whether union-based superannuation liaison officers are providing advice....

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APRA uses draft guidance to tell the banks, AMP Limited, Macquarie, Suncorp and Challenger that operational separation is not an option for avoiding losses....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

Super portfolios are an “aggressive constant mix”, leaving investors in the pre- and post-retirement stages at risk....

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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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Financial planning

Treasury issues ‘Statement of Expectations’ to ASIC and other Australian regulators, asking them to adhere to its broad policy framework....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 1 day ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 1 day ago