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Showing 91 - 100 of 634 results for "Australian Prudential"

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... To this end, about three and a half years ago, Equip applied for an extended public offer license to the Australian Prudential Regulatory Authority. The EPO license, which is central to the joint venture with $9.7 billion Catholic Super, permits it to ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The Australian Prudential Regulation Authority has granted Judo Bank, formerly Judo Capital, a licence to operate as an authorised deposit-taking institution without restrictions in what is being welcomed as a win for banking competition and fintechs. ...

AMP, IOOF: Saved by ESG

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... spotlight of the Royal Commission "with deteriorating relations with the main superannuation regulator, the Australian Prudential Regulation Authority (APRA)" it became clear that changes needed to be made to senior leadership at IOOF." The changes came ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... By this date, the SCT will cease operations. The cost will be offset by a corresponding increase in the Australian Prudential Regulation Authority Financial Institutions Supervisory Levies, he said.

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... of superannuation funds face criminal penalties for breach of their best interests duty and provide the Australian Prudential Regulation Authority with more powers to deal with underperforming superannuation funds," Federal Treasurer Josh Frydenberg ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... appointed a former Australian Competition and Consumer Commission chairman to lead a capability review of the Australian Prudential Regulation Authority. Responding to the Royal Commission's final report into Misconduct in the Banking, Superannuation ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... 2022, time enough to get our "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 ...

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
... post-tax investment return a SMSF investor would have achieved if they invested in the same way the typical Australian Prudential Regulation Authority (APRA) regulated MySuper product invests. How do SMSFs diversify right now? Australia had 593,000 SMSFs ...

Chief economist update: Building approvals on a slowing trend

BENJAMIN ONG  |  THURSDAY, 31 MAY 2018
... deceleration in the housing market should provide comfort to both the Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA). Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... responded to the PJC's call for submissions, including superannuation giants AustralianSuper and Cbus, the Australian Prudential Regulation Authority (APRA), and the Financial Services Council (FSC). AustralianSuper, which provides insurance to 1.4 ...