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Showing 1001 - 1010 of 1826 results for "APRA."

CRO departs corporate super fund

HARRISON WORLEY  |  THURSDAY, 20 DEC 2018
The chief risk officer at Australia's largest corporate superannuation fund will link with Equity Trustees in the New Year. Owen Brailsford will join Equity Trustees in February 2019 as the firm's chief risk officer. He is leaving his post at ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
Need a Royal Commission refresh? Here are the top stories you needed to know in 2018. Meller leaves AMP After a difficult appearance at the Royal Commission's hearings into financial advice, AMP's outgoing chief executive made a swift exit ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
These are the 2018 Financial Standard stories to have in your back pocket for summer discussions around the barbeque. Shuttering dividend cash loophole to hit SMSFs In March the ALP proposed to eliminate cash refunds from excess dividend imputation ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
The 2019 Federal Budget is projected to deliver a $4.1 billion surplus, up from the $2.2 billion estimate in this year's Budget. Financial services regulators have also received increased funding in the government's Mid-Year Economic and Fiscal ...

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
APRA has finalised new measures aiming to strengthen superannuation member outcomes that will take effect from 1 January 2020. Among the initiatives, the regulator will require RSE licensees of MySuper and choice products to assess, annually benchmark ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
The financial services industry is ambivalent about having one overarching regulator, Financial Standard 's latest survey shows. Asked if it was feasible to merge APRA and ASIC, Financial Standard' s readership was split. The structure of Australia's ...

IOOF future uncertain: Morningstar

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
... driving APRA's tough stance, Morningstar said. "We also believe it's a harbinger of a more proactive and aggressive APRA (and ASIC), which investors need to keep in mind when considering investing in organisations such as IOOF (and AMP)," the ...

IOOF appoints acting chief executive, chair

JAMIE WILLIAMSON  |  MONDAY, 10 DEC 2018
IOOF has appointed an acting chief executive and an acting chair, with Chris Kelaher and George Venardos under scrutiny. According to a statement, managing director Kelaher and chair Venardos have agreed to step aside while they await the outcome of ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
APRA is seeking to impose license conditions on IOOF and disqualify several of the firm's executive leaders. In a media release this morning, APRA said it had commenced proceedings in the Federal Court of Australia. It seeks to disqualify five individuals ...

Will Aussie equities overcome 2019 challenges?

HARRISON WORLEY  |  TUESDAY, 4 DEC 2018
The head of Australian equities at a $1.36 trillion global investment manager predicts the asset class will deflect risks and a challenging policy environment to provide investors with a low beta source of "healthy" yield in 2019. T. Rowe Price head ...