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Showing 131 - 140 of 196 results for "Prudential Standard"

Superannuation fears regulatory strangle: ASFA

EMMA RAPAPORT  |  WEDNESDAY, 29 NOV 2017
The greatest threat to Australia's $2.5 trillion superannuation system is regulatory overreach and strangulation in red tape. This was the takeaway message from Association of Superannuation Funds of Australia (ASFA) independent chair Michael Easson ...

Trustees must raise bar on good governance: APRA

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
... eight principles underpinning the AIST Governance Code are "broadly consistent with the requirements of APRA's prudential standard on superannuation governance." "Establishing the code is certainly a good start, but it will take some time for the code's ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
The Australian Institute of Superannuation Trustees is urging the Senate to reject the Turnbull Government's proposal to mandate a governance model for superannuation funds and preserve the equal representation rule. In response to the Superannuation ...

Mercer principal joins IMCA board

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2016
The Investment Management Consultants Association of Australia has appointed five new board members. Principal of Mercer Investments Hendrie Koster has joined the board, bringing with him a wealth of knowledge in asset class research, portfolio construction ...

APRA outlines plans to refocus Appointed Actuary role

MARK SMITH  |  WEDNESDAY, 22 JUN 2016
The Australian Prudential Regulation Authority (APRA) has proposed improvements for the Appointed Actuary role within insurance companies. The Appointed Actuary is a mandatory position insurers must have to provide independent, expert advice to boards ...

APRA counts life insurance losses

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
APRA has released its submission to the Senate Economics Committee on the inquiry into the scrutiny of financial advice - life insurance, claiming that the profitability of the sector is under strain. The submission argued that weak profitability has ...

APRA releases report on Trio investigation

KERRIE SYDEE  |  MONDAY, 11 APR 2016
The Australian Prudential Authority (APRA) has released its report on its investigation into the failure of Trio Capital Limited (Trio) and loss of up to $150m. The investigation resulted in the removal of 13 former Trio directors from the superannuation ...

Governance bill loses Senators' support

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST) have shown their weight in Canberra by convincing four crossbench Senators to vote down the superannuation trustee governance bill in parliament. It is reported ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
The independence and role of Australia's financial regulator is under the spotlight after one of its senior officials briefed crossbench senators on proposed superannuation trustee legislation. Australian Prudential Regulation Authority (APRA) member ...

PROFILE: SuperBPO chief executive Michael Houlihan

DARREN SNYDER  |  FRIDAY, 23 OCT 2015
Fund and superannuation administrator MainstreamBPO listed on the Australian Securities Exchange (ASX) earlier this month and the milestone promised some exciting announcements. Darren Snyder talked to SuperBPO chief executive Michael Houlihan about ...