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

Search Results

Showing 1401 - 1410 of 1830 results for "APRA."

HESTA MySuper option gains approval

ALEX DUNNIN  |  TUESDAY, 26 FEB 2013
HESTA is the latest fund to be granted approval by the regulator APRA to offer a MySuper product. The option will be centred around the highly successful HESTA Core Pool, an investment choice that already has a long established performance track record ...

MySuper still ontrack despite low license applications

ALEX DUNNIN, LAURA MILLAN  |  MONDAY, 25 FEB 2013
The number of superannuation funds applying for a license to run a MySuper product is likely to fall well short of expectations, but rather than suggest MySuper is flawed policy, it highlights how it is fundamentally an internal industry issue rather ...

Combined Super gets MySuper approval

LAURA MILLAN  |  FRIDAY, 22 FEB 2013
Combined Super, previously named Combined Fund, received the authorisation from the Australian Prudential Regulation Authority (APRA) to offer a MySuper product. The industry fund for workers in education and related sectors, is one of the first funds ...

Super assets up 15% to $1.5tr

ALEX DUNNIN  |  THURSDAY, 21 FEB 2013
Super funds have staged a massive bounceback, reclaiming $192 billion to post the fastest annual asset growth in two-and-a-half years to reach $1.508 trillion. Driving the growth in the APRA reported figures is the 12% average return, according to SelectingSuper ...

State Street launches investment governance tool

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
State Street Corporation has launched a series of investment analytics tools to help superannuation funds prepare for the Australian Prudential Regulation Authority (APRA) prudential standard SPS 530 on investment governance. The tool allows trustees ...

Cbus MySuper fund gets green light

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
Cbus, the construction and building industry superannuation fund, has received approval for its MySuper product. The super fund joins Sunsuper which became the first provider to see its MySuper offering get the nod from the regulator on 15 February. ...

No fuss transition to 'no frills' super: Sunsuper

LAURA MILLAN  |  FRIDAY, 15 FEB 2013
Sunsuper's transition to MySuper was simple and easy, Sunsuper general manager of Product Andrew Nicholson said after the Australian Prudential Regulation Authority (APRA) granted the Queensland-based fund the first MySuper authorisation. "Our philosophy ...

Anxiety over 'all-things super' takes toll on MySuper uptake

MARK SMITH  |  FRIDAY, 15 FEB 2013
The number of superannuation funds applying for a license to run a MySuper product is likely to fall well short of expectations, according to estimates from the Australian Prudential Regulation Authority. The application process for the low-cost no-frills ...

VOFF slams MP response Trio Capital fraud

MARK SMITH  |  THURSDAY, 14 FEB 2013
Victims of Financial Fraud (VOFF) has criticised member for Thornsby Stephen Jones over his response to the Trio Capital fraud. Jones said in a WIN News interview on 11 February that he intends to present a Private Members Bill to Federal Parliament ...

Most DIY funds won't change allocations in retirement

BEN COLLINS  |  WEDNESDAY, 13 FEB 2013
Less than half of the retired self managed super fund trustees contacted for a survey released yesterday said that they either plan to change their asset allocations or had already done so. Yesterday Russell Investments and The SMSF Professionals' Association ...