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Showing 151 - 160 of 1608 results for "Prudent"

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... identify the processes and resources needed to deliver these critical operations, including material service providers. "A prudent entity would then use this information as the starting point for an assessment of its operational risk profile," APRA s ...

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
... informing the regulator and maintaining communication throughout on progress to address the situation." EQT said it took all prudent and reasonable steps to abide by the conditions of the relevant Act, but in these instances, it sought to prioritise ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Superannuation assets soared to $3.9 trillion, jumping 11.3% at the end of March despite the number of APRA-regulated funds shrinking. The latest APRA statistics show that a wave of contributions drove the momentum as well as investments returning 10.9% ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Super to ensure it addresses risk management and compliance management deficiencies identified by the regulator. The risk management and compliance ...

Principal Finisterre launches new debt fund

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... in investor interest for EMD has been fuelled by positive market developments such as resilient emerging market growth, prudent risk pricing, and easing US financial conditions. "Right now, we are seeing a squeeze in terms of valuations which are positively ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... portfolio transitions will commence from June onwards. "FSI has committed to continuing to manage the funds in an orderly and prudent manner until the transition is complete. CFS will continue to monitor the management of the portfolios closely," it ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
UniSuper has commenced the restoration of its services, as APRA confirms it is monitoring the situation which arose when the fund's private cloud was inadvertently deleted. In a brief statement to Financial Standard, APRA said it is "aware of the ...

Qantas Super boosts ag assets by $200m

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... Spence said. "When you combine Qantas Super's investment capabilities and partnership approach with GO.FARM's expertise and prudent capital allocation, you have a platform that will not only optimise returns but deliver generational impacts for agricultural ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
AMP North inflows from independent financial advisers (IFAs) increased 22% as its platforms business' assets under management (AUM) increased to $74.3 billion. In a quarterly business update, AMP reported that net cash inflows to platforms increased ...