Search Results | Showing 51 - 60 of 2121 results for %22APRA%22 |
| | ... Superannuation Concessions) Bill 2023 and Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023 - cover APRA-regulated funds, self-managed super funds, and exempt public sector schemes. Treasurer Jim Chalmers said that the ... |
| | | ... ongoing consolidation in the sector, namely the dwindling number of corporate super funds, with just 11 remaining. According to APRA statistics, in 2004 there was 761. "Any potential merger partner would need to demonstrate their ability to administer ... |
| | | APRA is updating Prudential Standard 'Strategic Planning and Member Outcomes' (SPS 515) to enhance member outcomes in superannuation, including requiring trustees to justify business-related expenses. The regulator's changes seek to align expenditure ... |
| | | ... effectiveness of hybrid capital bonds amid concerns design features would not be resilient enough to withstand a banking crisis. APRA released its discussion paper on Thursday, citing the challenges of hybrid bonds, also known as AT1 capital instruments. ... |
| | | ... choosing to stay in SMSFs for longer," he said. At the end of June, there were 610,287 SMSFs, up 4.2% year on year, according to APRA data. SMSFs comprise $876.4 billion or 25% of the $3.54 trillion superannuation pool. On average, non-concessional contributions ... |
| | | ... the launch of the Easy Default, it's not the end of the journey, it's the beginning," she said. In July, ASIC and APRA lambasted laggard super funds for not taking their Retirement Income Covenant obligations seriously. The joint examination ... |
| | | ... issue until late 2021 and early 2022. This is the first case to be brought by ASIC in its capacity as a co-regulator with APRA, overseeing the conduct of super trustees' duties. AustralianSuper self-reported the bungle to ASIC in December 2022 and ... |
| | | APRA has found early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the ... |
| | | ... $2.342 million in FY23 from $3.029 million in FY22. Providing a regulatory update, Macquarie said it's been working with APRA on a remediation plan that strengthens its governance, culture, structure, and enumeration to ensure full and ongoing compliance ... |
| | | ... ensures that these institutions clearly identify individuals who will be held accountable for the actions of the organisation." APRA and ASIC will jointly administer the FAR. "They will have the power to disqualify accountable persons, investigate suspected ... |
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