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APRA sharpens life/risk actuarial scrutiny

 
  Jun 22, 2016 
 
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Latest News

APRA moves on life/risk actuarial scrutiny

The Australian Prudential Regulation Authority has moved to increase the power of appointed actuaries to scrutinise and give board level advice on life/risk product terms and pricing. Read more

FSC direct insurance carve-out calls condemned

The AFA expressed disappointment over the FSC’s continued calls for a carve-out for direct insurance sales from LIF where no advice was given, and said this loophole must be closed. Read more
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Are the days of low cost SMSFs over?

Industry consultant, John Wiseman, believes the days of low-cost SMSFs will end at much the same time as the accountant’s exemption. Read more

SuperStream deadline extension welcomed

The ATO’s extended deadline for small businesses to become SuperStream compliant has been welcomed by an SMSF body. Read more
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Work with tertiary education to help diversity

The diversity imbalance in senior management roles in financial services can be helped by building bridges between tertiary education and the industry, NAB believes. Read more

AIA launches risk-specific data feed to AdviserLogic

Life insurer, AIA, is helping financial advisers produce fast and accurate client information for administering life policies. Read more
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Superannuation growth funds up in May

Australian superannuation growth funds have recorded gains in May, with the median fund returning 2.3 per cent, according to the Morningstar Australian Superannuation Survey. Read more

New ETFs to meet investor demand

BetaShares launches a new global energy ETF on the back of investor demand and says more ETFs will come. Read more
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IOOF completes client transition to Pursuit

IOOF confirms the completion of the client transition process to its IOOF Pursuit platform. Read more

Features

Travelling an unfinished road to Retirement – Part 1

Australians are living longer and intending to work longer than ever before. Jessica Amir explores how the industry is evolving, what changes you can expect, and how to adapt in part one of this feature. Read more
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Hold the policy. We have an election

A double dissolution election has left many financial planning policies in limbo, and advisers are demanding certainty on at least three key issues, Malavika Santhebennur writes. Read more

Editorial

Time to better regulate aged care

There is a growing body of evidence to suggest that the aged care industry needs the same sort of regulatory oversight as financial planning, including a best interests duty. Read more

Growing opportunities out of the sandbox

Mike Taylor writes that ASIC’s proposal for a regulatory sandbox may prove to be a decisive element in the growth of Australian fintechs. Read more
 
 
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