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Showing 151 - 160 of 566 results for "Prudential Regulation Authority"

Super outstrips other channels in disability risk profits

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
... comparable insurance products sold directly. The latest quarterly statistics from the Australian Prudential Regulation Authority (APRA) show that both the super and traditional channels are struggling to make disability income insurance pay with the ...

New draft super governance standards released

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
... draft legislation proposing changes to strengthen the governance arrangements for all Australian Prudential Regulation Authority (APRA) regulated superannuation funds. Consistent with both the 2010 Cooper Review and the Financial System Inquiry, the ...

Challenger's $300m profit and new product

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... As at 30 June 2015, Challenger held $1 billion more capital than prescribed by the Australian Prudential Regulation Authority (APRA). It places Challenger in a position to further support future growth as well as continue to provide shareholder dividends. ...

Capital raising not total solution: CIFR

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
... half 2015 dividend reinvestment plan and sold shares in BT Investment Management. The Australian Prudential Regulation Authority (APRA) recently increased capital adequacy requirements for residential mortgage exposures. APRA also believes the country's ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
... large number of weather event claims in New South Wales and Queensland. In line with Australian Prudential Regulation Authority requirements the bank has launched a $5 billion capital raising that will see an opportunity for eligible shareholders to ...

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... example, be removed entirely from a super fund board." He added funds regulated by the Australian Prudential Regulation Authority (APRA) are required to continuously report on the composition of their boards and whether boards and individual directors ...

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... have at least one-third independent directors on super fund boards. In a letter to the Australian Prudential Regulation Authority (APRA), the association has asked that all RSE licensees be given until 31 December 2016 to prepare their transition plan. ...

APRA workload for boards does not rate

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
Meetings between the Australian Prudential Regulation Authority (APRA) and company boards are considered good value yet the workload placed on boards by the regulator does not rate highly. This is the view of more than 450 directors from deposit-taking ...

Super board changes could cost funds $20m a year

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... concern that the definition of independence will ultimately be in the hands of the Australian Prudential Regulation Authority (APRA). "These changes place the regulator in the role of being a law maker and a judge as well as jury," he added. "This is ...

Banks need to increase capital ratios: APRA

DARREN SNYDER  |  MONDAY, 13 JUL 2015
The Australian Prudential Regulation Authority (APRA) believes the country's major banks will need to increase capital adequacy ratios by at least 200 basis points to be comfortably positioned in the top quartile of international peers. In response ...