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

Search Results

Showing 1451 - 1460 of 1830 results for "APRA."

ISN releases super returns persistency report

ALEX DUNNIN  |  FRIDAY, 6 JUL 2012
Industry Super Network (ISN) has released a report claiming there is persistence in super fund returns, but the analysis focusing on APRA's 'whole of fund' metrics limits the usefulness of the report's findings. Nonetheless, the report indirectly supports ...

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
The Productivity Commission has handed down its draft report on default superannuation funds, and while its recommendations were predictable, they represent big wins and yet severe threats for both sides of the industry. The inquiry was called in 2009 ...

Centralised portfolios better for tax

BEN COLLINS  |  THURSDAY, 28 JUN 2012
Institutional investors can benefit from a better understanding of the impact tax has on returns. Portfolio structure, including active/passive and asset class strategy decisions, can be altered when tax impacts are understood, said Scott Lawrence ...

SMSF Trustees want compensation: SPAA

BEN COLLINS  |  THURSDAY, 21 JUN 2012
The Self Managed Super Fund professionals' Association of Australia has rejected calls for a levy to be imposed on SMSF trustees to fund a compensation scheme. In the wake of the Trio fraud there has been a misconception as to what the legal standing ...

Super FUM up 3.6pc

ALEX DUNNIN  |  THURSDAY, 7 JUN 2012
The value of superannuation FUM is up 3.6% in the year to March 2012 to reach $1.38 trillion, tracking the growth rate of GDP that was announced yesterday. Public sector funds are, however, growing almost 4-times faster as 14%, reflecting cash injections ...

SuperStream levy unclear

MELANIE TIMBRELL  |  MONDAY, 4 JUN 2012
The Financial Services Council has raised concerns on the expenditure of monies levied on the industry to pay for SuperStream and the manner in which they are to be raised. Speaking at public hearings of the Parliamentary Joint Committee Inquiry into ...

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
While accepting that the Australian Prudential Regulation Authority could have done more, deputy chairman Ross Jones has moved to distance the regulator from the Trio disaster, placing the blame with trustees and auditors. "APRA's prudential supervision ...

APRA releases final form prudential standards

LINDA HAUSKEN  |  FRIDAY, 1 JUN 2012
The Australian Prudential Regulation Authority has released a set of prudential standards in final form, and a response paper as part of its review of capital standards for general and life insurers. The aims of Australian Prudential Regulation Authority's ...

Super sector turning to dedicated long-term lenders

BEN COLLINS  |  THURSDAY, 31 MAY 2012
As the major banks shift away from commercial property lending, super funds are turning to dedicated long term lenders, according to a funds manager specialising in secured private debt. "The superannuation sector is a really natural long term investor. ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
The Lower House of Parliament has passed legislation that will give the Australian Prudential Regulation Authority greater powers to pursue "rogue superfund directors". The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) ...