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Showing 901 - 910 of 1814 results for "Regulation 2014"

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
The Australian Prudential Regulation Authority (APRA) has just released for consultation a draft prudential practice guide concerning fraud risk management that Registrable Superannuation Entity (RSE) licensees will be expected to follow. In it the ...

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
The Association of Financial Advisers (AFA) is concerned that mandatory transfer to default MySuper products could lead to consumers losing their existing insurance arrangements and asked for an opt-in arrangement to MySuper. AFA chief executive Brad ...

MyState Financial becomes MyState Bank

MARK SMITH  |  TUESDAY, 7 OCT 2014
Listed banking and wealth management group MyState Limited has changed the name of its Tasmanian-based banking subsidiary, MyState Financial, to MyState Bank, following approval from the Australian Prudential Regulation Authority (APRA). The company ...

Young adults know very little about super

MARK SMITH  |  TUESDAY, 7 OCT 2014
... That's according to a new survey of nearly a thousand 25-34 year olds by the Centre for International Finance and Regulation (CIFR). Most respondents do not check their accounts regularly or change investment options, and only one third read their periodic ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
The release of the first set of MySuper data has fuelled the ongoing stoush between the retail and industry superannuation sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation  ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
The Australian Prudential Regulation Authority (APRA) will treat MySuper product data as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if ...

Extend MySuper to retirement: ASFA

JAMES FERNYHOUGH  |  TUESDAY, 30 SEP 2014
Regulation of superannuation should be designed for the whole of life, incorporating accumulation and retirement, if there is to be stability and product innovation, according to the Association of Superannuation Funds of Australia (ASFA). In its submission ...

AAP adds five boutique firms in a month

LAURA MILLAN  |  MONDAY, 29 SEP 2014
Centrepoint-owned Associated Advisory Practices (AAP) has seen five boutique licensees join in August, and an increase in inquiries from advisers looking to move away from institutions. AAP now services more than 200 licensees with about 900 authorised ...

Global re-regulation takes shine off investment banks

ALEX DUNNIN  |  MONDAY, 29 SEP 2014
Financial sector stocks are often seen as a safe investment with almost no downside regardless what happens to the world economy, but global re-regulation of finance is causing investment strategists to question whether the tide is turning. The re-regulation  ...

Coalition Senators head-to-head over FoFA

LAURA MILLAN  |  FRIDAY, 26 SEP 2014
The government's reforms to the Future of Financial Advice (FoFA) could be disallowed by Nationals' Senator John Williams after he staged a parliamentary confrontation against Finance Minister and Liberal Senator Mathias Cormann. The Senate Standing ...