APRA

Life Insurance Investment Revenues Drop

Financial Adviser's picture

From Financial Standard:

Investment revenue in the life insurance sector nose dived last year, with latest APRA figures putting the total at $1.63 bn compared to $11.33 bn the previous year.

APRA MySuper changes burden for superannuation industry

Financial Adviser's picture

From Financial Standard:

The proposed level of involvement by the Australian Prudential Regulation Authority in commercial arrangements between super funds and employers under the new draft MySuper Bill is unnecessary and inefficient, according to retail bodies.

ATO Says Young Investors Prefer SMSFs

Financial Adviser's picture

Self-Managed Super Fund Professionals' Association of Australia (SPAA) reported that more and more gen-Y clients opt for a self-managed super option (SMSF).

Syndicate content