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Showing 141 - 150 of 159 results for "Prudential Standard"

Stronger Super makes trustee role unappealing: Mercer

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
Additional requirements placed on super fund trustees in the proposed Stronger Super legislation will make the role less appealing and raise costs, according to Mercer's submission to the Federal Treasury. In responding to the Exposure Draft: Superannuation ...

ASFA warns on unseen MySuper outcomes

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
ASFA is wary of potential unseen outcomes from the MySuper legislation Bill, including clashing between regulators and the rise of short-termism, as it predicts pressures on super trustees may trump the long-term interests of members. In a submission ...

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
Industry concerns have arisen over pricing structures and fee levels under the proposed My Super legislation, with calls for the government to allow differential pricing. "Lifecycle strategies that shift a higher weight to fixed income as a member nears ...

Stronger Super draft needs clarity

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
The second tranche of Stronger Super is in need of more clarity, according to AIST in its submission on the Bill, with calls for clearer terminology and the legal boundaries of trustees. Submissions are being accepted from industry participants on the ...

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
Superannuation industry bodies have until January 13 to make submissions on the second tranche of the government's Stronger Super legislation, unveiled late yesterday. The latest exposure draft follows the introduction of the first part of the Superannuation ...

Qantas Super names new chief exec

CLAIRE MCGREAL  |  FRIDAY, 2 DEC 2011
... regulatory changes with the Stronger Super, and changes in the regulation of the industry with APRA taking on new prudential standard making powers. How our fund and every other fund responds to those changes will be a significant strategic challenge." ...

APRA lays plans to improve super governance

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
The Australian Prudential Regulation Authority will demand greater transparency on board selection, remuneration and manager selection and insist upon higher capital holdings among super funds. APRA, which is entitled to set prudential standards from ...

Banks to face liquidity crisis "fire drills": APRA

MICHELLE BALTAZAR  |  TUESDAY, 15 SEP 2009
... Equity Bank, Industry Super Holdings and Macquarie Group Limited. The regulator noted in the report that the Prudential Standard APS 210 Liquidity (APS 210) will be changed to reflect new rules proposed by the Basel Committee on Banking Supervision in ...

Industry funds steering clear of FHSAs

WWW.THESHEET.COM  |  FRIDAY, 13 JUN 2008
The release this week of Australian Prudential Regulation Authority draft prudential standards for super funds that plan to offer first home saver accounts has confirmed the view of many fund trustees that the FHSA structure and regulatory framework ...

Macquarie NOHC a work in progress

WWW.THESHEET.COM  |  MONDAY, 17 SEP 2007
... specific oversight of the banking group. According to the explanatory memorandum APRA does not yet have a prudential standard for non-operating holding companies. That means the level of compliance required, and the cost, is unknown.