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Showing 361 - 370 of 539 results for "Supervision"

ASFA and AIST push for tighter regulation of SMSFs

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
... of recognition is of itself a failing of the system," the submission stated, adding: "AIST is not calling for the supervision of SMSFs by APRA. This would also involve great transition risk. It also would not acknowledge the high level of skills and ...

APRA gets Basel III tick

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The Basel Committee on Banking Supervision has graded Australia's capital regulation framework as 'Compliant' with the Basel III standards. Australia's is the eighth regulatory framework to be graded by the Basel Committee. Others include the United ...

New laws target promoters of early release schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
... preservation age, often involving the improper use of self-managed super funds (SMSFs). While the Superannuation Industry (Supervision) (SIS) Act already stipulates when early release of funds is and is not legal, previously there was no law holding ...

AMP Flexible Super adds new insurance and investment options

MARK SMITH  |  THURSDAY, 6 MAR 2014
... and liquidity requirements," AMP said. Super Protection will be compliant with the incoming Superannuation Industry Supervision (SIS) reforms which take effect 1 July 2014.

IOOF reports growth across the board

JAMES FERNYHOUGH  |  TUESDAY, 25 FEB 2014
... and trustee services provider saw growth across the board, with funds under management, administration, advice and supervision (FUMAS) hitting $124 billion, an increase of $3.8 billion. In the platform segment, IOOF saw funds under advice grow by 19% ...

Compensation opposed for SMSFs: SPAA

HARRY PAGE  |  FRIDAY, 7 FEB 2014
... occurs according to Slattery. "Although SMSFs don't have access to compensation under the Superannuation Industry (Supervision) Act 1993 (SIS) Act that is available, at the Minister's discretion and only where it is in the public's best interest to approve ...

APRA issues draft group insurance PPG

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
... in relation to APRA's prudential standards and good business practices they have identified during their prudential supervision. The guide outlines the regulator's concerns on good practice for group insurance arrangements especially identifying risks ...

APRA to look into The New Daily

JAMES FERNYHOUGH  |  FRIDAY, 29 NOV 2013
... to be a member engagement and retention tool. APRA's sole purpose test, Section 62 of the Superannuation Industry (Supervision) Act 1993, does not make any clear stipulations about how super fund trustees use administration fees.

ASIC beefs up surveillance system

MARK SMITH  |  MONDAY, 25 NOV 2013
... Securities and Exchange Commission's (ASIC) market surveillance system allowing the regulator to conduct multi-market supervision across futures and equities in real time are now operational. According to financial services software provider First Derivatives ...

ASIC funding in spotlight after annual report release

LAURA MILLAN  |  THURSDAY, 31 OCT 2013