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Showing 121 - 130 of 2456 results for "APRA"

Morningstar DBRS expands into regional Australia

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
... institutions and rating agencies across the US, Asia and Australia. This includes his most recent roles as bank supervisor at APRA, as well as AMP Bank treasurer, global head of treasury for Macquarie Bank and managing director at Fitch Ratings. Wells ...

APRA tackles 'weak demand' for longevity products in second consultation

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
APRA has launched a second round of consultations on the capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of ...

MLC sets sights on top super funds

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
... consuming today what they actually need for a great retirement and how we can best help them get there," she said. According to APRA statistics, at June end across MLC Super Fund and IOOF Portfolio Service Superannuation there was about $165 billion ...

Netwealth invokes Part 23 of SIS Act in First Guardian response

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
... assurances around timing or outcomes to members. Before the approval can be granted, the minister must make a written request to APRA for advice in relation to the application. He may also request further information from Netwealth. Under Part 23, an ...

APRA updates governance framework

ELIZA BAVIN  |  FRIDAY, 24 OCT 2025
The Australian Prudential Regulation Authority (APRA) has provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... of $2.2 billion in mental health claims, according to modelling from the Council of Australian Life Insurers (CALI) using APRA data. Mental health is the fastest-growing cause of claims, according to APRA. The Australian Institute of Health and Welfare ...

APRA flags growing trustee complacency on retirement strategies

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
APRA is concerned about a growing lack of urgency among superannuation trustees to develop and implement retirement income strategies. APRA deputy chair Margaret Cole, speaking at the Innovation in Retirement conference in Sydney, said the APRA-ASIC ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... accumulation members, removing the weekly fixed administration fee and dropping the investment fee from 0.20% to 0.18%. According to APRA figures to June end, BUSSQ has about 72,650 member accounts. The median member is aged 42 and has a balance of $ ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
APRA has lifted Westpac's remaining $500 million capital add-on after the bank completed its multi-year risk transformation program spurred by several breaches and misconduct. APRA slapped the first $500 million capital add-on in July 2019 as a ...

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
... obligations commencing over three years ago on 1 July 2022, some trustees are yet to address gaps identified by ASIC and APRA. "The clear message we are sending to super trustees is a one-size-fits-all communications approach won't work for all member ...