Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1341 - 1350 of 1830 results for "APRA."

FSC questions pertinence of APRA super stats

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
The Financial Services Council (FSC) has questioned the pertinence of figures released by the Australian Prudential Regulation Authority (APRA) last week that show the investment returns of not-for-profit superannuation consistently outperforming those ...

APRA issues warning on group risk

ALEX DUNNIN  |  MONDAY, 13 JAN 2014
Insurance regulator the Australian Prudential Regulation Authority (APRA) has issued a warning that while the overall life insurance is in reasonable financial shape, sustained pressure on the group risk sector is becoming a strategic threat that insurers ...

APRA issues draft group insurance PPG

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
APRA has written to life insurance chief executives announcing a new draft Prudential Practice Guide (PPG) for how they should handle operational and business issues and risks surrounding group insurance sold to super funds. The regulator said the PPG ...

QMV to release APRA reporting standards solution

JAMES FERNYHOUGH  |  MONDAY, 9 DEC 2013
Superannuation software developer and consultant QMV Super Solutions is set to release its own software solution to the Australian Prudential Regulation Authority (APRA) reporting standards, QMV chief executive Brad Goodall has said. The release of ...

APRA releases final SuperStream reporting standards

JAMES FERNYHOUGH  |  THURSDAY, 5 DEC 2013
The Australian Prudential Regulation Authority (APRA) has released the final version of its Reporting Standards SRS 711.0 for SuperStream Benchmarking Measures, relating to the rollover and contribution transactions of super funds. In a letter sent ...

How green are 'green funds'?

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
... that stricter standards will only come from consumer and member pressure. "It's got to be the users who are driving change. APRA [the Australian Prudential Regulation Authority] is going to force more super funds to disclose all their holdings. That ...

APRA to look into The New Daily

JAMES FERNYHOUGH  |  FRIDAY, 29 NOV 2013
Assistant Treasurer Arthur Sinodinos has said the Australian Prudential Regulation Authority will look into The New Daily on the grounds that it is a misuse of members' money. Speaking to Stuart Hocking on radio station 2UE, the Assistant Treasurer ...

Cbus shifts custody from NAB to JP Morgan

JAMES FERNYHOUGH  |  TUESDAY, 19 NOV 2013
Industry super fund Cbus has confirmed that J. P. Morgan will be the fund's new custodian, after 20 years with National Australia Bank (NAB) Asset Servicing. J.P. Morgan will take over custody of Cbus' almost $25 billion funds under management in 2014. ...

Should super have its own regulator?

JAMES FERNYHOUGH  |  MONDAY, 18 NOV 2013
The superannuation sector could benefit from having its own exclusive regulator, according to Challenger's director of retirement Income Jeremy Cooper. Speaking at the Association of Superannuation Funds of Australia (ASFA) annual conference in Perth ...

Infrastructure key in battle against SMSF exodus

JAMES FERNYHOUGH  |  FRIDAY, 15 NOV 2013
Industry super funds can get an advantage over self-managed superannuation funds (SMSFs) by using their scale to exploit the "illiquidity premium" that exists in unlisted markets such as infrastructure, according to Brett Himbury, chief executive of ...