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Showing 1271 - 1280 of 1830 results for "APRA."

PwC to review IOOF advice research division

LAURA MILLAN  |  WEDNESDAY, 24 JUN 2015
IOOF has commissioned PwC to conduct a review of its advice research division following media reports of misconduct such as insider trading and front running. Group head of research and portfolio construction Matthew Drennan "is currently reviewing ...

Risk inflows up despite tightening margins

ALEX BURKE  |  MONDAY, 1 JUN 2015
Total risk market inflows are up 9.5% to $14.5 billion in the year to March 2015. Research by actuarial firm Plan for Life shows that individual risk lump sum premium inflows accounted for the majority of the total, with $6.4 billion coming in during ...

Groups call for default super fund decoupling

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
Corporate super representative group CSSA is calling on the industry funds movement to apply its standards of financial planning in the superannuation sector. Recently the Royal Commission into Trade Union Governance and Corruption announced it was ...

Australia's super pool now more than $2 trillion

DARREN SNYDER  |  THURSDAY, 21 MAY 2015
Australia's total superannuation assets grew by 3.6% in the first quarter of 2015, now standing at more than $2 trillion, official data shows. The latest Australian Prudential Regulation Authority (APRA) figures also show that total assets in MySuper ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
In a case that is expected to send shock waves through the US workplace superannuation market, the US Supreme Court has agreed that 401(k) sponsors have a fiduciary obligation to not just monitor their funds but remove underperforming or excessively ...

APRA releases super performance profiles

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
The Australian Prudential Regulation Authority (APRA) said it will continue to ensure confidential information of superannuation institutions cannot be derived from the regulator's published statistics. The pledge came in a recent APRA letter to Registrable ...

Life insurer premiums up amid group policy concerns

ALEX BURKE  |  TUESDAY, 19 MAY 2015
APRA has issued the Quarterly Life Insurance Performance Statistics report for the March 2015 quarter, showing net life insurer premiums are at $61.8 billion for the year to 31 March 2015, up from $50 billion in the previous year. Net policy payments ...

Superannuation trustees under the spotlight: APRA

DARREN SNYDER  |  THURSDAY, 30 APR 2015
Some of the trustees of APRA regulated super funds lack understanding of their fund's investment strategy and underlying investments, according to Australian Prudential Regulation Authority (APRA) member Helen Rowell. Speaking at a recent banking and ...

APRA releases super reporting standards

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
The Australian Prudential Regulation Authority (APRA) has released 31 reporting standards for the superannuation industry, five of which are still open for further consultation. The final reporting standards will commence on 30 June or 1 July and changes ...

Market Wrap AM

AAP  |  WEDNESDAY, 29 APR 2015
The Australian market looks set to open higher after Wall Street finished mostly higher. At 0810 AEST on Wednesday, the June share price index futures contract was up 11 points at 5,937. In local economic news on Wednesday, the Australian Financial ...