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Showing 161 - 170 of 634 results for "Australian Prudential"

REST appoints exec from SSFS

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
... governance and controls are in place. Budge's past experience in financial services includes senior roles at the Australian Prudential Regulation Authority (APRA), The Trust Company, MLC and St George Bank. He holds a Bachelor of Law from Macquarie University ...

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
... compression may be volatile from period to period as MySuper transitions take place," AMP said. Yesterday the Australian Prudential Regulation Authority (APRA) also released its June quarter MySuper statistics, showcasing that the MySuper segment now ...

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
... sufficient as there are already clear obligations for directors in legally binding standards set by the Australian Prudential Regulation Authority (APRA). The paper says "it is difficult to identify existing gaps or areas where APRA does not already ...

New draft super governance standards released

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
... released exposure 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 ...

Super outstrips other channels in disability risk profits

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
... superannuation is outstripping 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 ...

Challenger's $300m profit and new product

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
... multi-boutique model. 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 ...

Capital raising not total solution: CIFR

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
... underwritten the first 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 ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
... due to an unusually 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 ...

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... representatives could, for 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 ...

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... transition plans to 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 ...