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Showing 1561 - 1570 of 1802 results for "Regulation 2014"

Former Zurich CFO banned by APRA

HAMISH MADDEN  |  THURSDAY, 2 NOV 2006
The Australian Prudential Regulation Authority (APRA) has disqualified the former Zurich Australian Insurance Limited (ZAIL) chief financial officer for his role in deliberately overstating the company's financial position. John Stanbridge was chief ...

Not on our watch: ASIC

In the 12 months to June 2006, the Australian Securities and Investments Commission (ASIC) has recorded a 34 per cent increase in action against illegal investment schemes, 90 per cent more civil orders against professional misconduct and enforcement ...

Don't bury reverse mortgages in regulation: Martin

HAMISH MADDEN  |  WEDNESDAY, 25 OCT 2006
While discussions of reverse mortgages and equity release products seem to inevitably end up circling the issue of regulation, Chris Martin, head of the Over Fifty Group, issued a stern warning that the industry was at risk of being buried before it ...

Ban default super funds: FPA

ALEX DUNNIN  |  WEDNESDAY, 25 OCT 2006
The Financial Planning Association (FPA) has called for default super fund selections to be banned because they block consumers from developing customised retirement strategies. Speaking at the first day of public hearings in Sydney for the Parliamentary ...

Reverse mortgage regulation lacks cohesion

HAMISH MADDEN  |  TUESDAY, 24 OCT 2006
Regulation is one of the key talking points around the equity release and reverse mortgage industry, but the Senior Australians Equity Release Association of Lenders (SEQUAL) conference last week heard that no one body yet has the jurisdiction to regulate ...

FSR style licensing regime for mortgage brokers

WWW.THESHEET.COM  |  MONDAY, 23 OCT 2006
Mortgage brokers can expect to face a new licensing regime as early as next year that will align regulation of the mortgage broking industry with rules that prevail in the financial planning industry. Ian Clyde, chair of the Uniform Consumer Credit ...

APRA to flex its muscle with outsourcing deals

WWW.THESHEET.COM  |  WEDNESDAY, 11 OCT 2006
Under the terms of new prudential guidelines, the Australian Prudential Regulation Authority (APRA) will have the power to conduct onsite inspections of companies undertaking outsourcing work for financial institutions under its supervision. But signaling ...

Audits pinching corporate funds: Trust

KATE HAGE  |  TUESDAY, 10 OCT 2006
Corporate super funds are feeling the pinch of resources and budgets, according to independent trustee Trust Company, particularly as the date for the first round risk management audits nears. Under the Austrailan Prudential Regulation Authority's (APRA) ...

ACCC should regulate fund advertising: IFSA

ALEX DUNNIN  |  MONDAY, 9 OCT 2006
Regulation of super fund advertising should be taken away from the Australian Securities and Investments Commission (ASIC) and handed to the competition regulator the Australian Consumer and Competition Commission (ACCC), said the Investment and Financial ...

Super assets surge to $914 billion

ALEX DUNNIN  |  THURSDAY, 28 SEP 2006
The value of superannuation assets has jumped to $913.9 billion on the back of stellar equity investment returns and strong inflows, up 19.8 per cent over the last 12 months. The results are contained in the Australian Prudential Regulation Authority's ...