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Showing 1 - 10 of 465 results for %22Supervision%22

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... international roles. He has previously served as the chair of APRA and the secretary general of the Basel Committee on Banking Supervision. In his role as APRA chair, he served on the Reserve Bank of Australia's payment systems board and was a member ...

Succession planning troubles family offices: J.P. Morgan

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... family office costs US$3.2 million per year to operate. Large family offices with US$1 billion or more in assets under supervision (AUS) incur US$6.1 million annually to keep running. One quarter have been exposed to a cybersecurity breach or financial ...

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... secondment to the CDPP comes as ASIC enters the next phase of its transformation. ASIC executive director of regulation and supervision Greg Yanco will be appointed as ASIC's interim chief executive effective June 1. Yanco was previously executive director ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... consumer consent requirements for certain insurance commissions. "This schedule also amends the Superannuation Industry (Supervision) Act 1993 and Income Tax Assessment Act 1997 to provide a clear legal basis for the payment of advice fees from superannuation ...

Bell Asset Management looks to exit RE services

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... currently RE of all three funds. It is also trustee and is responsible for the custody of assets, appointment and supervision of service providers, the provision of accounting, taxation and other services and reports, it explained. Bell Asset Management ...

SMC finds $38k nest egg boost for working mums

KARREN VERGARA  |  MONDAY, 12 FEB 2024
... relationships, which are critical to improved access of beneficiaries to super by amending the Superannuation Industry (Supervision) Act 1993 to incorporate Aboriginal and Torres Strait Islander kinship structures.

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... will conduct a "deep dive review" of funds' exposures to unlisted assets later this year. Combining its policy and supervision priorities for the first time to give regulated entities a better idea of what to expect in the year ahead, APRA said it is ...

Equity Trustees adds more super fund clients

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... them by overseeing the management of products and funds for nearly 800,000 members with around $59.8bn of funds under supervision," Equity Trustees general manager client and strategic planning David Warren explains. ​"We see it as a testament to the ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... APRA expects this volatility to decrease moving forward and has committed to continuous monitoring through its normal supervision processes to ensure these expectations are met. Survey responses also suggested "minimal progress" regarding the availability ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
... remediation program. According to the regulator, Gold Corporation is obligated to carry out the remediation program under supervision from AUSTRAC and an independent third-party expert. The remediation is expected to conclude by April 2025. Further ...
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