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Showing 1201 - 1210 of 1257 results for "Prudential"

St George Bank announces $580 million US subordinated notes issue

... million). The bank said the notes will have a 12-year tenor and are expected to mature on 15 October 2015. The Australian Prudential Regulation Authority (APRA) has said the notes will qualify as Tier 2 capital for St George Bank. Standard and Poor's ...

Lenders could withstand substantial housing correction: APRA

AAP  |  THURSDAY, 9 OCT 2003
... and mortgage brokers would withstand a substantial local housing market correction if it eventuated, an Australian Prudential Regulation Authority (APRA) study shows. APRA chairman John Laker, speaking on his 100th day in the job, today released APRA's ...

APRA issues warning on unlawful early release of benefit schemes

The Australian Prudential Regulation Authority (APRA) today warned members of superannuation funds not to engage the services of individuals or companies promoting early access to preserved benefits before retirement. APRA has received an increased ...

NAB Wealth Management companies to pay $67 million in investor compensation

... companies have finalised agreements with the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) in relation to investor compensation for October 2001 unit price reductions that affected certain ...

APRA reaches settlement with LifeTrack directors

The Australian Prudential Regulation Authority (APRA) announced today that it had reached a settlement with Approved Trustee, LifeTrack Management Limited and two of its directors. In response to falling equity markets, LifeTrack took steps in October ...

Former NTI managing director sentenced to 18 months imprisonment

... informing his fellow directors or the shareholders of NTI. Mr Smith was aware that under obligations imposed by Australian Prudential Regulatory Authority (APRA), NTI was required to have a solvency margin of assets. Mr Smith arranged to repay loans ...

APRA approves Host-Plus trustee

The Australian Prudential Regulation Authority (APRA) has granted a licence to Host Plus Pty Ltd (Host Plus) as an approved trustee of public offer superannuation funds and re-instated it as trustee of the HOST-PLUS Superannuation Fund (the Fund). APRA ...

S&P assigns A-minus long-term rating to ANZ StEPS issue

... holders of the StEPS can exchange their StEPS for ANZ's choice of either ordinary shares or cash following Australian Prudential Regulatory Authority approval. The securities will also be listed on the Australian Stock Exchange. Mr Sikora said the StEPS ...

S&P rates Westpac preferred security issue, CFS Gandel Retail Trust

WITH AAP  |  WEDNESDAY, 13 AUG 2003
... securities were issued to US investors and have an optional redemption on or after 10 years, subject to Australian Prudential Regulation Authority approval, and mandatory conversion to preference shares after 50 years, if not previously called. "The ...

Senator Sherry highlights the need for action on the back of poor super stats

... said that figures revealed in Superannuation Trends for the March Quarter 2003, released this week by the Australian Prudential Regulation Authority (APRA) showed that superannuation assets decreased by 1.5 per cent and now stand at $507.7 billion, well ...