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Showing 1201 - 1210 of 1830 results for "APRA."

Banks will always take more risk: APRA exec

DARREN SNYDER  |  TUESDAY, 28 JUN 2016
An APRA executive says there's a lot to be happy about within the Australian financial system despite it constantly facing scrutiny over risk management and industry culture. Speaking at the Centre for International Finance and Regulation banking research ...

QSuper public offer move reshapes competitive landscape

ALEX BURKE  |  MONDAY, 27 JUN 2016
The decision to make Queensland government superannuation funds QSuper and LGIAsuper public offer could have far-reaching ramifications for Australia's superannuation sector. Following legislation introduced in the Queensland parliament earlier in June ...

APRA outlines plans to refocus Appointed Actuary role

MARK SMITH  |  WEDNESDAY, 22 JUN 2016
The Australian Prudential Regulation Authority (APRA) has proposed improvements for the Appointed Actuary role within insurance companies. The Appointed Actuary is a mandatory position insurers must have to provide independent, expert advice to boards ...

QSuper calms super raid fears

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
QSuper has reiterated the Queensland budget is not drawing from the superannuation fund's money to reduce government debt and invest in infrastructure. Among the budget aftermath QSuper chief executive Michael Pennisi explained that a government proposal ...

Group insurance gets a makeover

DARREN SNYDER  |  TUESDAY, 14 JUN 2016
Unprecedented pricing pressure and regulatory forces have led superannuation funds to overhaul group life insurance offerings to better balance competitive premiums with valuable benefits. The overhauls predominantly come on the back of two factors ...

Group insurers at mercy of a handful of super funds

MARK SMITH  |  TUESDAY, 7 JUN 2016
The role of superannuation funds as a distribution mechanism for life and income protection insurance continues to grow in the Australian market, according to new analysis by Rainmaker, which says the dominance of a few funds as gatekeepers could leave ...

More winners than losers in super budget measures: ASFA

ALEX BURKE  |  FRIDAY, 3 JUN 2016
More Australians will benefit from the new superannuation measures announced in the Budget than be negatively affected by them, according to Association of Superannuation Funds of Australia figures. ASFA prepared the research to "inform the debate," ...

AIST takes aim at levies consultation

DARREN SNYDER  |  FRIDAY, 3 JUN 2016
The Australian Institute of Superannuation Trustees has labeled Treasury's consultation paper on proposed financial institutions supervisory levies as insufficient and non-compliant with government guidelines. In its submission to Treasury the AIST ...

Latest APRA stats show drop in super assets

MARK SMITH  |  TUESDAY, 24 MAY 2016
Superannuation assets fell 0.6% in the year to 31 March, according to the latest stats from the Australian Prudential Regulation Authority. Total super assets dropped to $2 trillion in the 12-month period partially driven by poor investment performance. ...

Life insurance balancing APRA priorities with increased profit

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
Despite the need to increase capital adequacy ratios, the life insurance industry has reported a steady increase in net profit, according to APRA's latest quarterly statistics for the sector. The main driver of profit, which increased overall by 16.9% ...