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Showing 1281 - 1290 of 1830 results for "APRA."

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
Assistant Treasurer Josh Frydenberg says the clock is ticking for the industry to implement the recommendations in the Trowbridge report. Alex Burke investigates what that might mean for risk advice. "It is up to the industry now to restore public confidence ...

Government needs to allow retail default super

ALEX BURKE  |  THURSDAY, 23 APR 2015
In its final Financial System Inquiry (FSI) submission to the Treasury, the Financial Services Council (FSC) has petitioned Government to allow APRA-approved MySuper funds into the default superannuation market. Arguing that the current system stifles ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN  |  MONDAY, 20 APR 2015
Following on from its controversial "Super Sting" report in 2014, Grattan Institute has released a new report that continues to argue Australia's superannuation industry has excessive costs. The report, titled " Super Savings ", reiterates Grattan's ...

AMP chief economist says housing future messy

DARREN SNYDER  |  FRIDAY, 10 APR 2015
Housing is an expensive option for investors, offering low rental yields compared to all other assets except bank deposits and government bonds. This is the view of AMP Capital chief economist Shane Oliver, who recently penned an analysis on Australian ...

Regional banks call for FSI reforms without delay

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
Australia's four leading regional banks raised three key issues in their submission to the federal government's Financial System Inquiry Final Report recently. Regional banks including Suncorp Bank, ME Bank, Bank of Queensland and Bendigo and Adelaide ...

Competition for annuities likely to remain low

LAURA MILLAN  |  FRIDAY, 27 MAR 2015
Competition in the annuities market will increase, but is likely to remain low over the short term as Challenger dominates about 95% of the market, a Credit Suisse report found. Credit Suisse said that Challenger's natural competitors, banks and life ...

CFA appoints Australia head of advocacy

LAURA MILLAN  |  WEDNESDAY, 25 MAR 2015
CFA Societies Australia and New Zealand has appointed a head of advocacy to advocate for funds management professionals and financial market integrity. Sue Morey was most recently an executive consultant for the Metropolitan Fire and Emergency Board ...

APRA shakes up executive team, addresses super conflicts

ALEX BURKE  |  FRIDAY, 20 MAR 2015
APRA has made multiple changes to its senior executive team. Steve Matthews has been appointed executive general manager, corporate services, having been APRA's chief financial officer since 2010. Brandon Khoo replaces Keith Chapman as executive general ...

Marketing key to $480bn post-retirement opportunity

MARK SMITH  |  WEDNESDAY, 18 MAR 2015
A high proportion of those in or near retirement have little idea what to do when it comes to choosing a post-retirement product and that uncertainty could be costing the superannuation industry as much as $480 billion. That's the conclusion of a recently ...

APRA deputy chair criticises life insurance sales culture

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Sales culture in the life insurance industry is undermining standards of good practice, according to APRA deputy chair Ian Laughlin. Speaking at the Actuaries Institute's Insights Session on 3 March, Laughlin said that the industry's focus on "sales ...