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Showing 201 - 210 of 1253 results for "Prudential"

Qualitas announces changes to executive leadership team

CASSANDRA BALDINI  |  THURSDAY, 21 JUL 2022
... (CCP), a boutique real estate fund manager and held senior leadership roles with AMP Capital, Perpetual Limited and Prudential PLC. Commenting on his own appointment, Winterton said: "I am delighted to be joining Qualitas at this exciting stage for the ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... Responding to submissions to its consultation process for strengthening investment governance standards (SPS 530), the prudential regulator said several submissions contained requests for detailed guidance on managing risks associated with ESG practices. ...

$150m capital overlay no more for Allianz Australia

CHLOE WALKER  |  FRIDAY, 15 JUL 2022
... governance self-assessment that APRA asked Allianz and a range of other institutions to undertake following 2017's Prudential Inquiry into Commonwealth Bank. The capital penalty was to remain in place until the insurer completed remediation work to strengthen ...

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
The prudential regulator has clarified Canberra's Your Future, Your Super performance test by adding new answers to its website. The test applies from July 2021, to My Super products and from July 2022 to trustee-directed products. APRA said it ...

Good isn't good enough for the super system: Byres

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... priorities covered in APRA's 2021-2025 corporate plan. The plan outlined that the regulator was duly strengthening prudential standards to ensure the superannuation industry rectified sub-standard practices. The strengthened prudential standards focus ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... to peruse payouts below $30 million. Therefore, the quantum of the threat to super funds couldn't be understated. On prudential standards for reserving policies, the AIST stated any plans must include a trigger framework for the early identification ...

Regulators release crypto, cyber security roadmaps

CHLOE WALKER  |  THURSDAY, 21 APR 2022
The prudential regulator has set out in a letter its initial risk management expectation for individuals that engage in activities associated with crypto assets, as well as a policy roadmap for the future. In particular, APRA expects that all regulated ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
After questioning from Senator Andrew Bragg at Senate estimates, prudential regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into ...

APRA champions flexible financial technology regulation

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... the benefit of the Australian community." Accordingly, APRA has commenced a multi-year initiative to modernise its prudential architecture so that it remains fit for purpose. More specifically, APRA has set itself the goals of devising better regulation ...

Funds need retirement income strategy by July

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... Later this year, APRA plans to consult on how the Retirement Income Covenant can be integrated into the superannuation prudential framework.