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Showing 871 - 880 of 1814 results for "Regulation 2014"

Suncorp tight-lipped on CEO departure

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
Suncorp Group has refused to comment on speculation that its chief executive Patrick Snowball will retire from his role and that a successor will be appointed at the end of 2015. "As the Chairman has indicated, it is prudent that the Board has an active ...

Baby boomers should be wary of generic advice

ALEX BURKE  |  TUESDAY, 3 FEB 2015
... financial plan is too generic and risky due to overexposure to growth assets, a Centre for International Finance and Regulation (CIFR) study has found. The CIFR study examined common Australian financial advice methods to determine their viability for ...

Industry insurance report to focus on advice remuneration model

LAURA MILLAN  |  FRIDAY, 30 JAN 2015
The final report by the Financial Services Council (FSC) and the Association of Financial Advisers (AFA) life insurance working group will largely focus on risk advisers' remuneration structures. The report is expected to be completed before March 31 ...

APRA-ABS super surveys to commence Jan 2016

ALEX DUNNIN  |  THURSDAY, 29 JAN 2015
The Australian Prudential Regulation Authority (APRA) has written to super fund RSEs advising them that enhanced data reporting by super funds to facilitate the data needs of the Australian Bureau of Statistics (ABS) will commence in January 2016. APRA ...

Super modern awards anti-competitive: FSC

ALEX BURKE  |  TUESDAY, 20 JAN 2015
Research by the Financial Services Council (FSC) suggests that modern awards are reducing competition in the superannuation industry. FSC's analysis of the modern awards system demonstrates a disproportionate representation of industry, government and ...

APRA relaxes 'select' option data rules

ALEX DUNNIN  |  MONDAY, 19 JAN 2015
The Australian Prudential Regulation Authority (APRA) has reacted to industry pressure and watered down the data reporting requirements for super funds regarding 'select' investment options. Select investment options are non-MySuper investment options. ...

MySuper put spotlight on member outcomes: CIFR

MARK SMITH  |  MONDAY, 12 JAN 2015
... members and promoted widespread innovation, according to a new report by the Centre for International Finance and Regulation (CIFR). Researchers from the CIFR conducted in-depth interviews with 28 executives from 20 Australian superannuation fund providers ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... was interpreted as a sign that the troubled legislation would approved, but its bid to pass changes to FoFA through regulation (instead of legislation) brought yet another round of controversy and debate. The fact that one of the new provisions left ...

Steve Tucker and Paul Heath launch HNW business

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Former MLC chief executive Steve Tucker and former JBWere chief executive Paul Heath have launched a new private wealth management firm, Koda Capital. Privately funded by private equity players and former wealth industry executives, Koda Capital will ...

Life company profits flat

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Revenue and profits for the 12 months to June 2014 have remained flat for life insurance companies, according to the latest statistics released by the Australian Prudential Regulation Authority (APRA). While most of the figures released in the latest ...