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Showing 1181 - 1190 of 1799 results for "Regulation 2014"

APRA's SMSF loan warning berated

MARK SMITH  |  MONDAY, 21 JAN 2013
The Australian Prudential Regulation Authority (APRA)'s warning about the complexities of self-managed super fund (SMSF) loans has been questioned by a number of industry professionals. APRA executive general manager for policy Chris Littrell warned ...

MetLife launches retirement product

BEN COLLINS  |  FRIDAY, 18 JAN 2013
Life Insurer MetLife has launched a new retirement product in partnership with industry super fund MTAA, labeling similar options already on the market "inadequate." MetLife Australia said it would initially only be working with MTAA, with a spokesperson ...

Simple funds should avoid excessive regulation: Equity Trustees

MARK SMITH  |  THURSDAY, 17 JAN 2013
Funds that invest in complex instruments should face more stringent regulation than those that strive for simplicity, according to Equity Trustees head of corporate and fiduciary services Harvey Kalman. Kalman warns that despite the collective investment ...

FSC to seek inquiry extension

BEN COLLINS  |  WEDNESDAY, 16 JAN 2013
To ensure fair fees are paid for the management of all charitable trusts in Australia, the Financial Services Council yesterday said it would seek an extension to a Federal Government inquiry. Financial Services Council (FSC) senior policy manager Eve ...

SMSF popularity belies fickle performance

MARK SMITH  |  MONDAY, 14 JAN 2013
Investors who turned to DIY super funds on the promise of superior returns may be getting less than they bargained for, new Rainmaker research shows. The unprecedented growth of the SMSF sector has eclipsed regular funds in recent years. The latest ...

Advisers at risk over asset-based fees

BEN COLLINS  |  THURSDAY, 10 JAN 2013
Advisers might need to change the way that they charge asset-based fees, which can create conflicts of interest, said finance consulting group The Fold. While the Federal Government's Future of Financial Advice (FoFA) reforms have done a clean-sweep ...

Super is back in favour

MARK SMITH  |  THURSDAY, 10 JAN 2013
Contributions to all superannuation entities for the year totalled $117.5 billion - the second biggest nudge into retirement savings ever - with employers and members contributing $82.1 billion and $34.2 billion respectively, according to the latest ...

PAS Lodges MySuper application

BEN COLLINS  |  WEDNESDAY, 9 JAN 2013
Industry fund Professional Associations Super yesterday lodged its application to offer a low-cost product to members, under the Federal Government's MySuper reforms. The fund applied for a MySuper license ahead of the "average industry time frame," ...

APRA releases final Prudential Standard for MySuper transition

MARK STORY  |  THURSDAY, 13 DEC 2012
The Australian Prudential Regulation Authority (APRA) yesterday released final Prudential Standard SPS 410 MySuper Transition (SPS 410) and the final approved forms for application for authorisation to offer MySuper products and ERFs for the superannuation ...

Australian pay rate growth underperforms Asia

ALEX DUNNIN  |  WEDNESDAY, 12 DEC 2012
Wage growth rates in Australia are significantly lagging Asia, but rather than showing Australia to be under-performing they reflect inflation and productivity growth differentials. A survey just released by the global management consultancy, Hay Group ...