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Showing 1241 - 1250 of 1257 results for "Prudential"

IAG issues $400 million in subordinated notes in North America

... private placement market. These notes are structured to qualify as lower tier two regulatory capital under the Australian Prudential Regulation Authority's prudential standards. The notes will be issued in one tranche, with a 12 year maturity, non callable ...

Select attacks APRA on hedge fund warning

Select Asset Management chief investment officer Dominic McCormick has hit back at the Australian Prudential and Regulation Authority's (APRA) recent warning on the use of hedge funds, claiming that fund of hedge funds offers more, rather than less ...

APRA replaces Strategic Capital trustee as $11 million disappears

The Australian Prudential and Regulation Authority (APRA) has replaced Strategic Capital Superannuation Services as the trustee for the Strategic Capital Superannuation Fund with Deloitte Management in an acting role after an investigation revealed ...

Tower boosts cash levels to meet APRA demands

... today announced that it has completed a capital restructure to meet solvency requirements imposed by the Australian Prudential and Regulation Authority (APRA) on its Australian operations. "Tower Australia now has a fully restored capital and target ...

APRA urges increase in DB funding as solvency levels fall

The Australian Prudential and Regulation Authority (APRA) is urging superannuation trustees and employers in Defined Benefit (DB) funds to increase their level of funding after finding that falling equity markets had decreased solvency rates. Although ...

APRA warns super trustees on due diligence, members interests

... but any action contrary to members' interests will bring disqualification and possible prosecution, the Australian Prudential and Regulation Authority's (APRA) executive general manager of policy Charles Littrell said on Wednesday. "APRA does not regard ...

APRA springs to defence of insurers on indemnity costs

The Australian Prudential Regulation Authority (APRA) today said that the rising premiums for professional indemnity insurance are essential to secure the prudential safety of the insurance industry, and are not the result of profiteering by insurance ...

APRA freezes Strategic Capital Superannuation Fund

Paul Cully The Australian Prudential Regulation Authority (APRA) today froze the $24 million of assets held by the Perth-based trustee of the Strategic Capital Superannuation Fund and launched an investigation into the fund to "provide a comprehensible ...

APRA and what it means in 2003: Littrell speaks out

Paul Cully Charles Littrell, executive general manager policy research consulting for the Australian Prudential Regulation Authority (APRA), has outlined the regulator's role in the post-HIH financial landscape as it tries to find a balance between ...

APRA suspends Host-Plus superannuation trustee for 120 days

Paul Cully The Australian Prudential Regulation Authority (APRA) today suspended Host-Plus Ltd from acting as a trustee of the Host-Plus superannuation fund for 120 days. "APRA has concluded that the trustee could no longer be relied on to perform its ...