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

Search Results

Showing 41 - 50 of 95 results for %22Helen Rowell%22

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... and we need to significantly upgrade the scope and granularity of our data on the choice sector," APRA deputy chair Helen Rowell said. However, Rowell added that the industry needs to take some responsibility for the difficulties, noting its lack of ...

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... judge dismissed the regulators claims calling the care "unpersuasive" and was ordered to pay costs. APRA Deputy Chair Helen Rowell said the judgment nevertheless raised some issues of wider importance for APRA in its supervision of superannuation trustees. ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... outcomes. Addressing the Australian Institute of Superannuation Trustees Chairs Forum on Monday, APRA deputy chair Helen Rowell reminded the super sector that while change brings challenges, it also brings rewards. Pointing to how APRA was emerging from ...

APRA considers appeal in IOOF case

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... Authority has labelled its failed action against IOOF and five of its senior officers as a test case. APRA deputy chair Helen Rowell said the regulator was disappointed by the decision last week but added the case served to examine a range of legal questions ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... "traffic light" system aimed at weeding out underperforming superannuation funds is currently in the works. Deputy chair Helen Rowell flagged APRA is developing a heat map based on four key areas -investment returns, fees and charges, sustainability ...

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
... required." When pressed on the issue, APRA chair Wayne Byres - appearing by phone from Sydney alongside deputy chair Helen Rowell, member Geoff Summerhayes and general counsel Warren Scott - said several recent reviews had asked more from the regulator ...

APRA tighten reins on super fund acquisitions

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
... Directors must also disclose if they have any directorships and/or shareholdings in any other entity. Deputy chair Helen Rowell said APRA has held longstanding concerns about the ability of parties to gain control of RSEs via the "back door" without ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... their best interests duties to members, they should be prepared to face serious consequences," APRA deputy chair Helen Rowell warned. Rainmaker head of super research Jason Ross says it is not clear whether current laws allow APRA or ASIC to force funds ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... financial deterioration. It can also remove an auditor or an actuary and address certain financial risks. Deputy chair Helen Rowell said APRA could only previously direct a trustee after a contravention of the law had taken place, or where APRA believed ...

APRA warns trustees on expectations

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... trustees APRA has clearly outlined expectations following the Royal Commission. The letter, from APRA deputy chairwoman Helen Rowell, said that the Royal Commission was a pivotal point for the financial services sector - including the superannuation ...