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Showing 1331 - 1340 of 1830 results for "APRA."

APRA delays new data collections implementation

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
APRA has announced it is delaying the implementation timetable for the new superannuation data collections and reopening consultations on the more contentious aspects of the data requirements. News of the delay and new consultations will be welcomed ...

APRA gets Basel III tick

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The Basel Committee on Banking Supervision has graded Australia's capital regulation framework as 'Compliant' with the Basel III standards. Australia's is the eighth regulatory framework to be graded by the Basel Committee. Others include the United ...

PC calls for overhaul of public infrastructure

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
The Productivity Commission (PC) has recommended a "comprehensive overhaul" of Australia's public infrastructure following the release a draft report on the topic. The report, which runs for nearly 600 pages, covers issues such as funding new projects ...

MySuper authorisations reaches 117

ALEX DUNNIN  |  WEDNESDAY, 5 MAR 2014
There are now 117 authorised MySuper products with corporate funds now entering the product class. The latest information on MySuper authorisations from the regulator APRA shows that of the 17 new authorisations since December 2013 that 13 are for corporate ...

Regulators must enforce rules, not write them: Brogden

JAMES FERNYHOUGH  |  FRIDAY, 28 FEB 2014
The Murray inquiry must review the role of the financial regulators to ensure that they remain within their remit of regulation enforcement, Financial Services Council (FSC) chief executive John Brogden has said. Speaking at the launch of the FSC/Deloitte ...

APRA to scrutinise group insurance risk

JAMES FERNYHOUGH  |  WEDNESDAY, 12 FEB 2014
Group insurance risk management will be top of the agenda in a number of thematic reviews to be carried out by the Australian Prudential Regulation Authority (APRA), according to the regulator's general manager Greg Brunner. Speaking at the Australian ...

ISA pushes for full transparency

JAMES FERNYHOUGH  |  MONDAY, 3 FEB 2014
Super funds have an obligation to be fully transparent with regard to their fees, costs and asset allocation, according to Industry Super Australia (ISA) chief executive David Whiteley. In a submission to the Australian Prudential Regulation Authority ...

Government must recycle brownfield infra: FSC

JAMES FERNYHOUGH  |  TUESDAY, 28 JAN 2014
The Financial Services Council (FSC) has urged federal and state governments to adopt the capital recycling model for infrastructure development to attract superannuation investment. In its submission to the Productivity Commission's Public Infrastructure ...

Men continue to dominate super fund boards

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
Men still heavily dominate the boards of superannuation funds, with just one fifth of trustee positions being held by women, according to statistics released by the Australian Prudential Regulation Authority (APRA). The APRA statistics reveal that the ...

Westpac trumpets infrastructure's 'annuity style' potential

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
Increased investment in infrastructure by superannuation funds would provide retirees with a much-needed "annuity-style" income stream, according to Westpac Group. In a submission to the Productivity Commission's Public Infrastructure Inquiry, the bank ...