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Showing 1101 - 1110 of 1509 results for "Assessment"

Treasury paper ignores responsibility: ACFS

MELANIE TIMBRELL  |  MONDAY, 17 SEP 2012
... concern is that the discretionary nature of APRA's powers has not been accompanied by an accountability and performance assessment to determine whether the powers have been used appropriately. "At a broad level, the prudential regulator can make two ...

New CEO for Sydney de-sal after June refinance

MELANIE TIMBRELL  |  FRIDAY, 7 SEP 2012
... (TIF). SDP holds a 50-year lease of the plant and associated infrastructure. In his previous role Davies oversaw the assessment, regulation and approval of more than $70 billion in Queensland-based projects spanning coal, gas, water, rail, power and ...

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
... place clients into the Astarra-managed funds. "They committed various unintended contraventions in doing so, but in my assessment, this is not a matter where the primary considerations, that is the need to protect the public and deterring future contraventions ...

APRA probe key in NAB case: Lawyers

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
It's APRA's understanding that National Australia Bank's (NAB) risk assessment of investments linked to toxic US subprime mortgages was insufficient, according to documents filled in the Supreme Court of Victoria yesterday. An affidavit tendered to ...

Mac Life expands claims and underwriting team

BEN COLLINS  |  TUESDAY, 4 SEP 2012
... of factors that need to be considered to make sure clients receive the right cover with the right underwriting risk assessment. This is why it is so important for advisers to have access to skilled underwriters," said Sally Phillips, head of underwriting ...

Remove insurance from super: Cassidy

MELANIE TIMBRELL  |  WEDNESDAY, 29 AUG 2012
Tasplan chief Neil Cassidy says insurance should be removed from superannuation and a national scheme put in place instead. Cassidy expects a national scheme to offer more universal coverage with cost and efficiency benefits for both members and funds. ...

It's still the hole, stups

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2012

Think big on scale, ORFR: APRA

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
... management framework," Jones said. Given the ORFR must be based on the risk management framework for a whole of business assessment, APRA has identified 0.25% of funds under management as a starting point. Jones emphasised this was not a requirement ...

Legal challenges face default super inquiry

MELANIE TIMBRELL  |  WEDNESDAY, 8 AUG 2012
... three and four of the draft PC report, the role of the Commonwealth would shift from a safeguard function to commercial assessment. "The Law Council's point is that once you move into the commercial assessment, things can go wrong - in particular when ...

MySuper outside government scope

BEN COLLINS  |  FRIDAY, 3 AUG 2012
... Lawyers. The criteria for inclusion on the list of default funds means that the government is undertaking a commercial assessment of funds and moving away from its traditional role of simply safeguarding superannuation, he said. What this set of criteria ...