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Showing 1421 - 1430 of 1830 results for "APRA."

CSSA calls out default fund selection

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
Major superannuation funds may be forced to close thanks to the Fair Work Amendment Bill 2012, said Douglas Latto, Corporate Super Specialist Alliance (CSSA) president. The Corporate Super Specialist Alliance (CSSA) has made a submission to the Standing ...

Some retail fund members pay double for insurance: AIST

BEN COLLINS  |  WEDNESDAY, 14 NOV 2012
Members of some retail funds are paying around twice the average annual insurance premium of other funds but receiving less than a quarter more in benefits, said the Australian Institute of Superannuation Trustees (AIST). This happens when trustees ...

Estelle Pearson Actuary of the Year

BEN COLLINS  |  TUESDAY, 13 NOV 2012
After assisting the Federal Government, advising a Royal Commission and working as an APRA inspector, Estelle Pearson has been named the 2012 Actuary of the Year. Pearson, who is managing director of consulting group Finity, was announced as the winner ...

APRA proposes more stringent liquidity reporting

MARK SMITH  |  MONDAY, 12 NOV 2012
The Australian Prudential Regulation Authority's (APRA) latest discussion paper proposes changes to standards for liquidity reporting for authorised deposit-taking institutions (ADIs). The consultation package includes seven draft reporting forms and ...

APRA changes to Super data collection unrealistic: IQ Group

MARK STORY  |  WEDNESDAY, 7 NOV 2012
APRA has proposed to increase its information held about investments for each fund, raising the data items requiring reports from 900 to approximately 4,000 data elements. Funds will need to incorporate new and more sophisticated data management capabilities ...

APRA releases MySuper transition guidance

BEN COLLINS  |  THURSDAY, 11 OCT 2012
The prudential regulator announced today that it has released for public consultation its draft guidance for the transfer of funds under the MySuper legislation. The guidance is intended to assist registerable superannuation entity (RSE) licensees to ...

Market Wrap AM

AAP  |  WEDNESDAY, 10 OCT 2012
The Australian market looks set to open lower, following falls on the US and European bourses after the International Monetary Fund (IMF) cut its forecasts for global economic growth. At 0814 AEDT on Wednesday, the December share price index futures ...

APRA releases final MySuper package

BEN COLLINS  |  THURSDAY, 4 OCT 2012
APRA has released its proposed final application form and instructions for the authorisation of MySuper products and a prudential standard on the transition to MySuper. The MySuper package also includes APRA's response to submissions received on the ...

APRA issues final Basel III reforms

LINDA HAUSKEN  |  TUESDAY, 2 OCT 2012
The Australian Prudential Regulation Authority (APRA) has issued the long awaited final version of its new bank capital rules, known as Basel III, which are scheduled to come into full effect from next year. The Basel III capital framework was introduced ...

Outsourcing risk worries APRA

BEN COLLINS  |  FRIDAY, 21 SEP 2012
Concern over banks increasing their use of overseas outsourcing without appropriate due diligence, has been flagged by the Prudential Regulation Authority in its Insight paper, published earlier in the week. A focus on cost control by Australian deposit ...