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Showing 1361 - 1370 of 1830 results for "APRA."

Australian Ethical MySuper option approved

MARK SMITH  |  FRIDAY, 27 SEP 2013
Australian Ethical has been granted approval for its MySuper product by the Australian Prudential Regulation Authority (APRA). The fund, which becomes the 74th to gain APRA approval, will use its existing Balanced fund as its MySuper option. It will ...

Brogden questions ASIC and APRA roles

LAURA MILLAN  |  TUESDAY, 24 SEP 2013
The Financial Services Council (FSC) chief executive John Brogden has asked the Hockey Review take a much broader look at the role of the industry regulators. Brogden said that duplication has emerged on the model featuring the Australian Securities ...

ASIC, "twin peaks" model faces review

LAURA MILLAN  |  MONDAY, 23 SEP 2013
Evidence that it took at least 16 months for ASIC to act on whistleblowers' information about misconduct within the Financial Planning division of Commonwealth Bank became a turning point in the long-running debate around the effectiveness of the current ...

ASIC's SMSF report being misread

ALEX DUNNIN  |  THURSDAY, 19 SEP 2013
... SMSF specialist administrator SuperIQ said, "If you have less than $200,000 a SMSF is going to be more expensive that an APRA [regulated] fund - no big surprise [as] this is consistent with ASIC's previous guidance. There are reasons you might still ...

ANZ, BHP, Tidswell get MySuper authorisation

ALEX DUNNIN  |  WEDNESDAY, 18 SEP 2013
ANZ, BHP and Tidswell Financial Services have gained MySuper authorisation, taking the number of funds licensed to accept default SG MySuper contributions to 73. ANZ's authorisation for its Smart Choice Super product is bundled through the OnePath Masterfund ...

Industry agrees: SMSFs are not for everyone

LAURA MILLAN  |  TUESDAY, 17 SEP 2013
Industry bodies have welcomed the Australian Securities and Investments Commission (ASIC) consultation paper asking for better regulation for establishing and advising self-managed superannuation funds (SMSF). "The announcement by ASIC today is consistent ...

Orient Capital launches APRA reporting service

JAMES FERNYHOUGH  |  MONDAY, 9 SEP 2013
Share registry analysis company Orient Capital has launched its solution to the Australian Prudential Regulation Authority's (APRA's) reporting standards, part of the Stronger Super reforms. Orient's new service, operating through its miraqle platform ...

Employer super contributions down as jobless figure rises

JAMES FERNYHOUGH  |  THURSDAY, 5 SEP 2013
Employer superannuation contributions saw their biggest fall in the 2013 June quarter since the global financial crisis, according to Financial Services Council (FSC) chief economist James Bond. The FSC's Bond Report put the figure at $489 million ...

APRA releases data risk management guide

JAMES FERNYHOUGH  |  TUESDAY, 3 SEP 2013
The Australian Prudential Regulation Authority (APRA) has released the final version of its prudential practice guide on the management of data risk. The 'Prudential Practice Guide CPG 235 Managing Data Risk' (CPG 235) is applicable to all APRA regulated ...

APRA to focus on reinsurers

LAURA MILLAN  |  MONDAY, 26 AUG 2013
The Australian Prudential Regulation Authority (APRA) will focus on the performance of reinsurance groups as a way to prevent the negative effects on the insurance industry if a reinsurer was downgraded or failed. APRA senior manager Kate Bible said ...