Editor's Choice
APRA said it welcomes the Capability Review's "ambitious agenda" that aims to shakeup its culture and enforcement powers.
The Government's move to require superannuation trustees to stop providing opt-out insurance to new members under-25 or with low balance accounts by October 1 has riled Australia's largest fund.
Paradice Investment Management has added to its distribution team with a hire from Pengana Capital, as it launches a new fund.
An ASX-listed platform provider has sold its 50% equity holding in a Queensland-based financial planning practice.
KARREN VERGARA   The United Financial Advisers Association has re-emerged to grow its membership to 2500 advocating for several reforms in the advice sector.
KANIKA SOOD   Chartered accountants and CPAs will now be able to claim credits for prior learning towards meeting the FASEA education standards for financial advisers.
ELIZABETH MCARTHUR   According to Mercer, Irish pension schemes are reducing their exposure to equities and diversifying into property, infrastructure and hedge funds instead.
KANIKA SOOD   BetaShares has launched a new exchange-traded fund that will track the 100 largest companies traded on the London Stock Exchange.
JAMIE WILLIAMSON   OnePath is the subject of the first sanction to be issued by the Life Code Compliance Committee for failure to stop selling a non-compliant product and remediate customers by an agreed deadline.
JAMIE WILLIAMSON   AMP has confirmed the sale of its life insurance business to Resolution Life is highly unlikely to go ahead.
HARRISON WORLEY   In a signal of ASIC's intent, the first case concerning alleged breaches of conflicted remuneration provisions is underway in the Federal Court.
HARRISON WORLEY   As July 1 approaches, some self-managed superannuation fund members are scrambling to ensure life insurance policies held through an APRA-regulated fund aren't suddenly cancelled.
BENJAMIN ONG   As per the data, a Big Mac costs US$5.74. Let's compare this with the countries included in the US Department of Treasury's Monitoring List.
BENJAMIN ONG   With a buoyant stock market, tax cuts, lower interest rates and a recovering housing market, one would think all Australians should have every reason to dance on the streets.
HARRISON WORLEY   ASIC moved to ban the unsolicited telephone sales of life and consumer credit insurance.
ELIZABETH MCARTHUR   The Tax Practitioners Board revealed 350 tax practitioners are currently under investigation for high risk behaviour.
JAMIE WILLIAMSON   The $9 billion superannuation fund has named a former Mercer executive as its new chief investment officer.
KARREN VERGARA   A $2.7 billion industry superannuation has welcomed a new chair, as well as a deputy chair.
KARREN VERGARA   Several industry associations have responded to APRA's Capability Review as many weighed in on how the recommendations can improve the superannuation sector.
KARREN VERGARA   While not-for-profit funds continue to hold the lions' share of the group insurance market, new research reveals corporate fund members are more likely to take-up default insurance.
ELIZABETH MCARTHUR   BT Panorama has exceeded $20 billion in funds under administration and boosted platform functionality.
ELIZABETH MCARTHUR   The 650,000 clients using AMP's My AMP wealth management website will now have access to a range of new features.
KARREN VERGARA   Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty.
KANIKA SOOD   Myer Foundation and the Australian Government's Clean Energy Finance Corporation are among the early investors in a global manager's new Aussie equities strategy.
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