Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 210 results for "Consultation Paper 212"

Positives from the pandemic for advisers

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
According to the Association of Independently Owned Financial Professionals (AIOFP), the COVID-19 pandemic may be producing some positives for financial advisers. In a letter to AIOFP members, executive director Peter Johnston wrote that despite all ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
APRA's June update to the MySuper heat map is in question, as the prudential regulator suspends the majority of its supervisory and policy initiatives to zero in on the health of its regulated entities amid COVID-19. The prudential regulator has ...

Retirement funding system failing: Report

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
The specialist retirement funding provider completed its submission to the Retirement Income Review in response to the government's consultation paper released late last year. The report said the purpose of the review is to ascertain the degree ...

APRA floats insurance in super change

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
APRA has floated proposed revisions to prudential standards covering insurance in super, including requiring independent verification of insurance arrangements to ensure they are in the best interests of members. The prudential regulator has released ...

ASFA strikes back at super detractors

HARRISON WORLEY  |  WEDNESDAY, 13 NOV 2019
Association of Superannuation Funds of Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today. Fahy took to the stage to call on the government ...

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
Vanguard's Robin Bowerman says the investment giant's planned superannuation offering will have a place for financial advisers and won't be a strictly direct-to-investor product. "We are at the start of a journey of entering the superannuation ...

Retirement income under review

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
The government has established a review into Australia's retirement income system, following through on the Productivity Commission's recommendation. Announced on Friday afternoon, the review's terms of reference will examine the three pillars ...

Super trustees to formulate whistleblower policies

KARREN VERGARA  |  MONDAY, 12 AUG 2019
The corporate regulator is expecting superannuation trustees to have whistleblower policies in place 1 January 2020. ASIC is broadening the whistleblower regime introduced on 1 July 2019 in an effort to reform to the corporate sector. It is proposing ...

ASIC to offer AFSL relief to overseas firms

HARRISON WORLEY  |  THURSDAY, 4 JUL 2019
ASIC has opened consultation on its proposal to scrap the need for foreign providers of funds management services to professional investors to hold an Australian Financial Services Licence. The corporate regulator released consultation paper 315, which ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
ASIC is reminding superannuation funds to update product disclosure statements to disclose exit fees will no longer be charged under the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting ...