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Showing 881 - 890 of 1871 results for "Authority"

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
... return a SMSF investor would have achieved if they invested in the same way the typical Australian Prudential Regulation Authority (APRA) regulated MySuper product invests. How do SMSFs diversify right now? Australia had 593,000 SMSFs as of December ...

Chief economist update: Building approvals on a slowing trend

BENJAMIN ONG  |  THURSDAY, 31 MAY 2018
... housing market should provide comfort to both the Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA). Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager ...

Second APRA deputy chair nominated

HARRISON WORLEY  |  WEDNESDAY, 30 MAY 2018
... chair Wayne Byres said the regulator would benefit from the addition of depth to its executive team. "The expertise, authority and judgement Helen brings to APRA will be increasingly important in the years ahead as APRA continues its superannuation reform ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... call for submissions, including superannuation giants AustralianSuper and Cbus, the Australian Prudential Regulation Authority (APRA), and the Financial Services Council (FSC). AustralianSuper, which provides insurance to 1.4 million members through ...

More adviser participation needed to shape ethics code

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
... fellow industry participant, doing something questionable, they are required to report their suspicions to an appropriate authority...If they fail to do so, they may fall foul of the code of ethics and be penalised," Lavery said. Lavery urged the industry ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... Under the professional standards legislation, the code of ethics developed by the Financial Adviser Standards and Ethics Authority (FASEA) will be enforced by ASIC-approved compliance schemes. ASIC has proposed that the Corporations Act be reformed to ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... budget estimate for 2018-19 is $37 million and APRA's is $83 million. Elsewhere, the Australian Financial Complaints Authority (AFCA) will receive $1.7 million in 2018-19 to support the establishment of the external dispute resolution scheme. The Association ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... tax relief for merging superannuation funds. ASFA thinks a July 2018 start date for Australian Financial Complaints Authority ( AFCA ) "may not be possible" given the magnitude of work left in implementing the new framework. So, it is asking for the ...

Industry wants one-stop-shop professional body: Poll

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... executive Philip Kewin said the AFA began considering its regulatory purpose when Financial Advisers Standards and Ethics Authority (FASEA) was introduced in April 2017. In October 2017, the AFA added to the constitution its plans to move toward becoming ...

Government names AFCA board members

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... including a prominent Sydney financial planner, have been appointed to the board of the Australian Financial Complaints Authority (AFCA). The new members are Claire Mackay, Andrew Fairley, Erin Turner and Alan Wein. They join independent AFCA chair Helen ...