Search ResultsShowing 1 - 10 of 100+ results for "APRA"
Superannuation smashes gender diversity goals
KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
The superannuation fund industry has smashed industry targets of female representation on boards, latest APRA figures show. The number of women represented on boards has increased 9.2% over the last four years, according to APRA's annual super ...
Will the PC recommendations fall through the cracks?
KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... change. Darwin points out that many of the recommendations are generally sensible and consistent with, for example, APRA's preference for super funds to reach a critical size in order to pass the benefits of scale onto members. "Reducing ...
First neobank granted full banking licence
OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
Volt Bank has become the first neobank to obtain a full banking licence from APRA. Treasurer Josh Frydenberg applauded the news and said it promotes industry competition and company innovation. Likewise, Volt Bank's success shows promise for ...
SMSF returns not accurate in Productivity Commission report
KANIKA SOOD  |  MONDAY, 21 JAN 2019
... of running SMSFs $500,000 or less in net assets, Class said. In July last year, Class made a submission to the PC saying APRA and ATO used different methodologies to calculate SMSF returns - as a result, the ATO's returns for the sector were ...
Australian Ethical divests IOOF
KARREN VERGARA  |  FRIDAY, 18 JAN 2019
... the Australian Ethical Charter," he said. This was after "carefully" reviewing information presented as part of APRA's legal proceedings against IOOF, the response provided by IOOF and evidence from the banking Royal Commission. ...
Labor reforms to increase welfare dependency
JAMIE WILLIAMSON  |  THURSDAY, 17 JAN 2019
... million people will be impacted by the proposal, of which 437,000 are SMSF members. An additional 2000 people in small APRA-regulated funds will also suffer. Ralston said the proposal fails the public policy test in regards to adequacy ...
IOOF, ANZ deal not in best interests of members: Morningstar
JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... maintained its fair value estimate for IOOF which currently sits at $5 a share. Prior to the regulatory action taken by APRA, the estimate was $9.30 per share. Going forward, Morningstar expects IOOF will struggle with attracting financial ...
Xinja funds platform for growth
OSKAH DUNNIN  |  WEDNESDAY, 16 JAN 2019
... banking industry in Australia. With more than 23,000 members, Xinja has applied for a full banking licence from APRA with hopes of approval sometime in 2019. "Xinja is a fantastic example of the power of equity crowdfunding where 'the ...
ANZ, IOOF revise wealth sale agreement
JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... of ANZ's pensions and investments business may take longer than anticipated with contracts now amended following APRA's regulatory action against IOOF . Providing a further update on the sale, ANZ said it has agreed an amendment with ...
Chief economist update: Safe as burning houses
BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... "houses" in order. However, tighter lending restrictions implemented by the Australian Prudential Regulation Authority (APRA) and as a result of the Hayne Royal Commission have already dented confidence in the Australian property market, sending ...
PAGE:
1
2
3
4
5
6
7
8
9
10
PREVIOUS
NEXT
Link to something k06cZy5Y