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Showing 1 - 10 of 2602 results for "Regulation"

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... Insignia Financial, be subject to the approval of the Foreign Investment Review Board and the Australian Prudential Regulation Authority." The proposal is subject to several conditions, including satisfactory completion of due diligence on an exclusive ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... found. The Parliamentary Joint Committee on Corporations and Financial Services investigating the interplay between regulation and the prevalence of financial abuse revealed numerous legislative holes in the superannuation system. In its final report ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
The government has provided clarity on the second tranche of the Delivering Better Financial Outcomes reforms, offering more detail around what's included and confirming the remit of its 'new class of adviser.' The second package of reforms is aimed ...

WA super law reforms boost GESB

JAMIE WILLIAMSON  |  MONDAY, 2 DEC 2024
Laws that will enable GESB members to keep growing their super with the fund after they leave the public service have been passed. Changes to the State Superannuation Act 2000 have now been passed by both Houses of Western Australia's Parliament, benefiting ...

AI no silver bullet for advice process, documentation: Experts

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... documentation, but experts warn they must exercise a degree of caution and ensure that anything it produces complies with regulation. A whopping 84% of Australian workers currently use AI, but a large percentage of these apps are not commissioned by ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Australian Prudential Regulation Authority (APRA) released its quarterly superannuation performance publication and quarterly MySuper statistics report for the September quarter, showing superannuation assets have passed the $4 trillion mark. Total ...

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
The financial advice industry has finally earned "profession" status and has the potential to self-regulate in the near future, according to Financial Advice Association Australia (FAAA) chair David Sharpe. In six years' time, Sharp believes the advice ...

Can technology help advisers service the masses?

KARREN VERGARA  |  TUESDAY, 26 NOV 2024
... advisers who govern between 45% to 50% of this wealth, he said. "The wholesale adviser market as grown by virtue of the regulation that played out in terms of making sure that advisers are quarantined in their ability to deliver advice in a compliant ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
The Australian Prudential Regulation Authority (APRA) will keep its current macroprudential policy settings steady following its regular review of domestic and international economic and financial conditions and risks. APRA's macroprudential policy ...

Swan tells Bragg he won't front parliament

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... Wayne Swan with Chalmers," Bragg said. "Swan has been engaging with the government on behalf of the fund on housing and regulation ­issues. As we could not get satisfactory answers on Swan's Cbus activities, the Senate will have to hear from Swan." ...
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