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Showing 191 - 200 of 551 results for "Australian Prudential Regulation Authority"

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... lifetime annuities (DLA) when it comes to dealing with longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission to the Financial System Inquiry (FSI), APRA was in agreement with interim reportA saying ...

APRA releases additional requirements for large instos

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
The Australian Prudential Regulation Authority (APRA) has released the updated framework for the supervision of large financial institutions, but will defer a decision on its final implementation until the end of the Financial System Inquiry (FSI). ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... executive officer of Promontory Financial Australasia and was the inaugural Chairman of the Australian Prudential Regulation Authority (APRA). He was also a part of the Wallis Inquiry into the Australian financial system and had a 20 year career with ...

Resources needed for outcomes, regulators warn Treasury

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... undertake reactive surveillance where we see possible misconduct," the regulator said. The Australian Prudential Regulation Authority (APRA) noted that a risk-based supervisory approach "requires astute judgment by supervisory staff and confidence based ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
... market for superannuation product. "Superannuation funds already require approval by the Australian Prudential Regulation Authority - the body that has expertise and information to assess the suitability of MySuper offerings - and these approvals are ...

We don't want to regulate SMSFs: APRA, ASIC

ALEX DUNNIN  |  THURSDAY, 7 AUG 2014
... to do so. "We don't want to regulate SMSFs," said Ian Laughlin, deputy chair of the Australian Prudential Regulation Authority (APRA). But Peter Kell, deputy chair of the Australian Securities and Investments Commission (ASIC), challenged his questioner ...

Simplify your products, life insurers told

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... developing simpler products if it wants to avoid a repeat of its recent woes, according to Australian Prudential Regulation Authority (APRA) member Ian Laughlin. While acknowledging the industry was beginning to address its problems, he said there was ...

HOSTPLUS nearly ready for SMSF infra investments

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... self-managed superannuation funds (SMSFs) is ready to go, pending the approval of the Australian Prudential Regulation Authority (APRA), the fund's chief investment officer Sam Sicilia has said. The option will allow SMSF investors to take advantage ...

MySuper flips members out of millions: CSSA

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... heavily reliant on commissions. Financial Standard is waiting for confirmation from the Australian Prudential Regulation Authority (APRA) regarding the rules around double flipping.

Equipsuper removes CFO role, adds key staff

LAURA MILLAN  |  THURSDAY, 12 JUN 2014
... investment management team, Equipsuper said. The changes respond to a recommendation by the Australian Prudential Regulation Authority (APRA) that funds should bring all divisions managing risk under the same umbrella. The $6.2 billion fund has also ...