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Showing 141 - 150 of 513 results for "Australian Prudential Regulation Authority"

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
... financial system since the 1997 Wallis inquiry, which led to the establishment of the Australian Prudential Regulation Authority. The inquiry received more than 6500 submissions since their producing an interim report in July. The government says it ...

Super returns dip in September quarter

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... the June quarter, according to the second batch of MySuper statistics released by the Australian Prudential Regulation Authority (APRA). The figures show balanced MySuper products delivered on average 1.5% net returns to members, compared to 2.1% in ...

APRA's IT infrastructure strains

ALEX DUNNIN  |  FRIDAY, 28 NOV 2014
In an extraordinary admission, the Australian Prudential Regulation Authority (APRA) has written to super fund trustees telling them APRA's information technology and data management systems are struggling to deal with the new data reporting regime ...

ASIC to scrutinise intra-fund advice

JAMES FERNYHOUGH  |  WEDNESDAY, 19 NOV 2014
... we want to make sure it's going to be offered properly." Kell shared the stage with Australian Prudential Regulation Authority (APRA) member Helen Rowell. Rowell was asked to comment on APRA's interest in intra-fund advice. "It's something we're alert ...

Super funds must justify not merging: APRA

JAMES FERNYHOUGH  |  MONDAY, 17 NOV 2014
... Superannuation funds that decide not to consolidate must justify their decision to the Australian Prudential Regulation Authority (APRA) over the next year, according to APRA member Helen Rowell. Rowell said super funds need to question their own viability ...

Retail MySuper transition too slow: ISA

STAFF WRITER  |  TUESDAY, 11 NOV 2014
... Rainmaker analysis of the MySuper statistics released last month by the regulator, the Australian Prudential Regulation Authority (APRA), commissioned by Industry Super Australia (ISA), found that MySuper account balances represent only 44% of the estimated ...

APRA releases group insurance best practice guide

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
The Australian Prudential Regulation Authority (APRA) has released the final prudential practice guidelines providing guidance on good practices for insurers in relation to group insurance arrangements. The 12-page document, known as LPG 270, gives ...

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
The Australian Prudential Regulation Authority (APRA) has just released for consultation a draft prudential practice guide concerning fraud risk management that Registrable Superannuation Entity (RSE) licensees will be expected to follow. In it the ...

MyState Financial becomes MyState Bank

MARK SMITH  |  TUESDAY, 7 OCT 2014
... banking subsidiary, MyState Financial, to MyState Bank, following approval from the Australian Prudential Regulation Authority (APRA). The company said the name change will simplify MyState's proposition for customers as it enters new markets, particularly ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation Authority (APRA), showed retail funds' MySuper products has outperformed industry funds since the beginning of the regime in January ...