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Showing 741 - 750 of 1798 results for "Regulation 2015"

Drop in regulator staff numbers under coalition

MARK SMITH  |  MONDAY, 2 MAY 2016
There has been a sharp decline in staff numbers at the regulators policing the financial services industry in the Coalition government's three years in office, according to a new report by the Australia Institute. Average Australian Securities and Investments ...

Challenger annuities march on

MARK SMITH  |  FRIDAY, 22 APR 2016
Challenger's annuity business has continued its charge with sales of $575 million in the quarter ending March 31. The figure represents a 29% on the same period last year and included strong growth in both term annuities (up 22%) and lifetime annuities ...

All super funds should have independent chair: research

DARREN SNYDER  |  THURSDAY, 21 APR 2016
... independent chair. Following its initial paper on the contentious issue, the Centre for International Finance and Regulation (CIFR) has released supplementary research that includes seven industry recommendations on fund governance. Co-authors Dr Suzanne ...

ASIC user-pay model "eminently sensible": SEC veteran

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Adopting the industry funding model for ASIC will result in a much more efficient and less politically-motivated regulator, according to former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas. ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Following industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer ...

More numerate less likely to open SMSF

DARREN SNYDER  |  FRIDAY, 15 APR 2016
Early findings from new self-managed superannuation fund research is showing people with higher numeracy skills are less likely to be an SMSF member. That said, the research also shows SMSF members are highly knowledgeable about running their own super ...

Super funds presented in-housing framework

DARREN SNYDER  |  THURSDAY, 14 APR 2016
... that tackles in-housing complexities. The framework was presented at a recent Centre for International Finance and Regulation (CIFR) event in Sydney, and co-author Dr Geoff Warren said it addresses a hot topic in the Australian super industry. Although ...

APRA releases report on Trio investigation

KERRIE SYDEE  |  MONDAY, 11 APR 2016
The Australian Prudential Authority (APRA) has released its report on its investigation into the failure of Trio Capital Limited (Trio) and loss of up to $150m. The investigation resulted in the removal of 13 former Trio directors from the superannuation ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
Prime Minister Malcolm Turnbull has defended industry regulators in the wake of Opposition Leader Bill Shorten's call for a Royal Commission in to the banking and financial services sector. At a doorstop interview in Sydney yesterday, Turnbull said ...

Government releases draft life insurance regulations

ALEX BURKE  |  FRIDAY, 8 APR 2016
The Government has released an exposure draft of the Corporations Amendment (Life Insurance Remuneration Arrangements) Regulation 2016 bill. The amended regulation allows temporary inclusion of stamp duty in commissions for death benefits while the ...