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Showing 1151 - 1160 of 1799 results for "Regulation 2014"

APRA appoints new chair

MARK SMITH  |  WEDNESDAY, 3 APR 2013
Treasurer Wayne Swan has announced that Wayne Byres will become the chair of the Australian Prudential Regulation Authority (APRA). Byres became the first Australian to be appointed secretary general to the Basel Committee on Banking Supervision, the ...

MDA guidance review will bring coherence and consistency

LAURA MILLAN  |  THURSDAY, 28 MAR 2013
Advisers and fund managers welcome the Australian Securities and Investments Commission (ASIC) review of Managed Discretionary Accounts (MDA) guidance as it will bring coherence and consistency to an under-regulated sector. "The review is a good thing ...

Superannuation to wield $6tr muscle by 2030

LAURA MILLAN  |  TUESDAY, 26 MAR 2013
A group of superannuation and investment experts predict that by 2030, local super funds will dominate the global landscape while the self-managed super funds (SMSFs) sector will suffer a slowdown. The superannuation industry in 2030 will be bigger ...

Product dashboards critical to MySuper

LAURA MILLAN  |  FRIDAY, 22 MAR 2013
Online product dashboard provisions under MySuper legislation will be critical to defining how MySuper will work in practice. According to the project director of the Australian Institute of Superannuation Trustees (AIST) David Haynes, the product dashboard ...

Transition to transparency, a case study

LAURA MILLAN  |  FRIDAY, 22 MAR 2013
Cbus has become one of the first super funds in the country to disclose information about their directors and board members as well as investment holdings in its annual reports and in its website, Cbus CEO David Atkin said yesterday at the CMSF. Among ...

Gary Clifford awarded Trustee of the Year at CMSF

LAURA MILLAN  |  THURSDAY, 21 MAR 2013
Gary Clifford, a board member of the Western Australia Fire and Emergency Services Super was awarded Trustee of the Year at the Conference of Major Superannuation Funds (CMSF) that kicked off yesterday in Brisbane. Clifford has been a member of the ...

PASF receives MySuper approval

LAURA MILLAN  |  MONDAY, 18 MAR 2013
The Professional Associations Super Fund (PASF) has received a MySuper authorization from the Australian Prudential Regulation Authority (APRA) and will be offering it from July 1 2013. PASF has chosen to offer its Growth investment option under MySuper ...

CommInsure expands income protection

LAURA MILLAN  |  MONDAY, 18 MAR 2013
CommInsure has come up with a new product that takes income protection one step further, paying totally and permanently disabled clients a 100% of their income. While traditionally insurance companies only pay 75% of income in these cases, CommeInsure ...

AvSuper gets MySuper approval

LAURA MILLAN  |  WEDNESDAY, 13 MAR 2013
The Australian Prudential Regulation Authority (APRA) awarded superannuation fund AvSuper with a MySuper licence, the super fund announced yesterday. Under the new licence, AvSuper will be able to offer members a MySuper option wich includes a single ...

Managed accounts set for an overhaul

LAURA MILLAN  |  MONDAY, 11 MAR 2013
For the first time in nine years, the country's financial services regulator is placing the managed accounts sector through a comprehensive review, addressing grey areas and fixing major drawbacks that have long derailed the sector's growth. Institutions ...