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Showing 891 - 900 of 2806 results for "Regulation"

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... the report said today. "No more special treatment for life insurers" UNSW Business School's commercial law and regulation professor Pamela Hanrahan said the final report's life insurance recommendations were significant. "Since, 2001 the life ...

Hayne recommends new regulatory overseer

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... Commission, including the preservation of the twin peaks regulatory architecture and a greater role for ASIC in the regulation of superannuation. The Commissioner recommended APRA should be responsible for establishing and enforcing prudential standards ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... former Australian Competition and Consumer Commission chairman to lead a capability review of the Australian Prudential Regulation Authority. Responding to the Royal Commission's final report into Misconduct in the Banking, Superannuation and Financial ...

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
The UK's pension fund industry is set to be hit with strict new investing rules, with proposed regulation designed to increase consumer engagement. The Financial Conduct Authority is concerned about consumers moving into drawdown and holding their funds ...

Advice jobs are coming: Recruiter

KANIKA SOOD  |  MONDAY, 21 JAN 2019
... paraplanners face a year of booming job prospects, as the industry switches into hiring mode after a tough year of regulation, a large recruiting agency reports. According to the latest Hays Jobs Report, advice businesses sat on recruiting new talent ...

IOOF, ANZ deal not in best interests of members: Morningstar

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... with attracting financial advisers and funds, and may also be the target of a number of class actions. More proactive regulation by ASIC and higher compliance costs is also expected. As such, the research house has given IOOF a very high uncertainty ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... enough to get our "houses" in order. However, tighter lending restrictions implemented by the Australian Prudential Regulation Authority (APRA) and as a result of the Hayne Royal Commission have already dented confidence in the Australian property market ...

PC calls for group insurance review

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... Commission is calling for an independent public inquiry into group insurance and floated the possibility of tougher regulation that includes sharper ASIC oversight, among other recommendations. Recommendation 18 in the Productivity Commission's final ...

APRA, ASIC welcome Productivity Commission's superannuation report

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... joint superannuation watchdogs in its final report for being "missing in action" when it came to strategic conduct regulation, and noted their roles should be more clearly defined. According to APRA, efforts to better coordinate regulation with its partners ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... critical issue is how to connect members to good products. The CIPRs approach uses member choice and sales, with product regulation similar to MySuper, which is an approach that has not worked. "Instead, quality filters with defaults work."