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Showing 171 - 180 of 637 results for "Australian Prudential"

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 ...

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 ...

Industry giants ramp up adviser ethics training

LAURA MILLAN  |  TUESDAY, 28 JUL 2015
... to their day-to-day work. The program is overseen by a committee that includes representatives from the Australian Prudential Regulatory Authority (APRA), the Australian Securities and Investment Commission (ASIC), Association of Financial Advisers (AFA) ...

Super board changes could cost funds $20m a year

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... Garcia said. He expressed 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 ...

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 ...

Regulator clouding wealth management: PractiFI

DARREN SNYDER  |  THURSDAY, 9 JUL 2015
... in outsourcing wealth management via cloud technology or shared computing services - as identified by the Australian Prudential Regulation Authority (APRA) - have sparked an impassioned response. On Monday APRA released an information paper discussing ...

Class expands in the SMSF cloud

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
... documentation suppliers, customer relationship management providers, and property services. Separately, the Australian Prudential Regulation Authority (APRA) recently released an information paper on its considerations around outsourcing shared computing ...

Super funds clash on board independence

DARREN SNYDER  |  FRIDAY, 26 JUN 2015
... warned about the reform's implications. Today the federal government introduced legislation proposing all Australian Prudential Regulation Authority (APRA) regulated super funds have a minimum of one-third independent directors on their trustee board ...