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Showing 71 - 80 of 224 results for "RSE"

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... if any arise." Bragg put the regulator on notice to answer how it monitors and assesses the liquidity management plans of RSE licensees. APRA will also need to explain the how it monitors stress-testing compliance as well as the regulators scenarios ...

ERS can be drawn from multiple funds: ATO

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... super trustees understand their ongoing responsibilities. APRA said in dealing with payments to members under the ERS scheme RSE licensees are expected to make payments within five business days of the ATO confirming the members determination for release. ...

Perpetual executive jumps to Xplore

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... accounts (MDA) and superannuation will be instrumental in supporting our clients across our entire business including our RSE, Aracon Superannuation. "Neil's role and expertise will be vital as we progress with our aspiration of becoming the most valued ...

Xplore Wealth outlines 2020 plans

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... to achieve regulatory confidence." Xplore Wealth is the parent company of APRA regulated Registrable Superannuation Entity (RSE) licencee, Aracon Superannuation, and of the trustee of Aracon Superannuation Fund. Its clients include financial advisory ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
The federal government has released a tranche of draft legislation implementing much of the recommendations of the Royal Commission, including banning directors of RSEs to hold any other roles and prohibiting trustees from charging advice fees in MySuper ...

J.P. Morgan wins custody mandate

ELIZABETH MCARTHUR  |  THURSDAY, 16 JAN 2020
... Standard he is focusing on bringing together Xplore's four businesses - the platform, responsible superannuation entity (RSE), managed discretionary accounts and DIY super administration "We met with APRA to talk about our business plan for Aracon," ...

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... however, following an APRA investigation, the prudential regulator has imposed a range of additional conditions to the firm's RSE license to ensure it avoids making additional breaches in the future. An APRA spokesperson said the regulator would ...

IOOF, ANZ transaction gets green light

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
... this year. "APRA has concluded it has no reason to believe that, because of IOOF's controlling stake in OnePath or Oasis, the RSE licensees may be unable to satisfy one or more of the trustee's obligations contained in a covenant set out in the [Superannuation ...

Concerns over rise of the mega-fund

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2019
... team running the money," he said. APRA statistics show that in the 12 months to September 2019 the number of APRA-regulated RSE licensees fell from 126 to 114. "Some of the funds have actually done very well over time. So, if you have the right people ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
... submissions sought clarity on the application of the outcomes assessment to choice products, and some challenged APRA's view that an RSE licensee is unable to undertake the comparative component of the outcomes assessment in the absence of Superannuation ...