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Showing 91 - 100 of 1451 results for "Prudent"

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
One of Sam Sicilia's pet themes is that the forces of technology are deflationary, and they will inevitably kick in to be a dominant influence. The Hostplus investment chief has been on this tear for some time and hasn't changed his mind despite ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
APRA general manager of governance, culture, remuneration and accountability Stuart Bingham said a strong risk culture is essential for effective risk management outcomes. In a speech, delivered at the Financial Services Assurance Forum, Bingham discussed ...

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
APRA has released updated guidance on investment governance for superannuation trustees. The update, which comes into effect in January of next year, is designed to assist trustees in meeting their requirements under the recently strengthened Prudential ...

Super is enabling private market democratisation: PGIM

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
Superannuation funds are playing a huge role in democratising private markets, making them more accessible to retail investors, PGIM vice president, head of thematic research Shehriyar Antia told Financial Standard. "Until recently, private markets ...

APRA proposes safeguards against risk events in super

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... will have to maintain access to a specific pool of financial resources to enable these actions to take place." Meanwhile, prudent operational risk management will allow for improved safety for members and greater confidence in the super system, APRA ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... members in the event of the cancellation of a MySuper authorisation. ARPA's enhanced guidance will outline expectations of prudent practice when preparing for a timely and efficient transfer of members, aiming to minimise the risk of failed, or inefficient ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... horizons is average life expectancy. In other words, an estimated lifespan based on 50% confidence," the report said. "Prudent financial planners know that approximately half of the population will live longer than average, and consequently might add ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
The prudential regulator has placed additional conditions on Insignia Financial's RSE licence over governance and risk management issues, including delaying the transfer member benefits to other funds. The additional conditions apply to IOOF Investment ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ...

Vicinity Centres head announces retirement

CHLOE WALKER  |  MONDAY, 31 OCT 2022
... Gerber said. "Furthermore, the curation of a strong and flexible balance sheet, together with Vicinity's consistently prudent approach to financial stewardship and sustainable growth, are the hallmarks of Grant's leadership at Vicinity." These hallmarks ...