Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 196 results for "Prudential Standard"

Industry funds and corporates must talk more: Sherry

JAMES FERNYHOUGH  |  TUESDAY, 22 OCT 2013
Corporate boards and fund managers need to better understand how industry superannuation funds arrive at share voting decisions, according to former Labor minister for superannuation Nick Sherry. With this aim in mind, Citi, where Sherry is now senior ...

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
The Association of Superannuation Funds of Australia (ASFA) has called on the Government to reduce impediments to the provision of adequate retirement income stream products such as annuities. ASFA acting chief executive Ross Clare said now was an "opportune ...

APRA finalises Stronger Super reporting standards

ALEX DUNNIN  |  FRIDAY, 7 JUN 2013
The Australian Prudential Regulation Authority (APRA) has updated its Stronger Super data requirements from funds following reaction from trustees. APRA has written to funds explaining the adjustments, which are technical and highly detailed. The outcome ...

APRA sets dates for ERF transitions

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
The Australian Prudential Regulation Authority (APRA) has published the final superannuation prudential standard SPS 450 Eligible Rollover Fund (ERF) Transitions together with the response to consultation. This prudential standard will take effect on ...

State Street launches investment governance tool

LAURA MILLAN  |  WEDNESDAY, 20 FEB 2013
... analytics tools to help superannuation funds prepare for the Australian Prudential Regulation Authority (APRA) prudential standard SPS 530 on investment governance. The tool allows trustees to analyse fund investment data, run stress tests and produce ...

APRA releases final Prudential Standard for MySuper transition

MARK STORY  |  THURSDAY, 13 DEC 2012
The Australian Prudential Regulation Authority (APRA) yesterday released final Prudential Standard SPS 410 MySuper Transition (SPS 410) and the final approved forms for application for authorisation to offer MySuper products and ERFs for the superannuation ...

TAL urges trustees to review default insurance benefits

MARK STORY  |  FRIDAY, 30 NOV 2012
... cover offered by their funds meet member needs, according to specialist life insurer, TAL. APRA's proposed Prudential Standard SPS250 will require trustees to develop a life insurance strategy for their fund, and to consider whether the insurance cover ...

Actuaries Institute gives guidance on FCRs

MARK SMITH  |  WEDNESDAY, 28 NOV 2012
The Actuaries Institute has released guidance for Financial Condition Reports (FCRs) for superannuation funds. The development of FCRs are in response to increasing complexity and risks in superannuation funds and anticipate APRA's intention bring the ...

APRA releases MySuper transition guidance

BEN COLLINS  |  THURSDAY, 11 OCT 2012
... guidance is intended to assist registerable superannuation entity (RSE) licensees to meet their obligations under Prudential Standard SPS 410 MySuper Transition which was released as a final draft on 3 October 2012. This prudential standard sets out ...

APRA releases final MySuper package

BEN COLLINS  |  THURSDAY, 4 OCT 2012
... released its proposed final application form and instructions for the authorisation of MySuper products and a prudential standard on the transition to MySuper. The MySuper package also includes APRA's response to submissions received on the draft prudential ...