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Showing 211 - 220 of 634 results for "Australian Prudential"

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... alternative to deferred 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 ...

FSC: Appoint an ASIC commissioner for international issues

MARK SMITH  |  THURSDAY, 28 AUG 2014
... Australian Tax Office, the Department of Foreign Affairs and Trade, ASIC, the Reserve Bank of Australia and the Australian Prudential and Regulation Authority, integrate Australia's regulatory and international process. "Fragmentation has meant Australia ...

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
... is the chief 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 ...

Resources needed for outcomes, regulators warn Treasury

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... also continue to 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 ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
... functioning of the 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 ...

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

ALEX DUNNIN  |  THURSDAY, 7 AUG 2014
... given an opportunity 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 ...

Simplify your products, life insurers told

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... should focus on 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 ...

HOSTPLUS nearly ready for SMSF infra investments

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... investment option for 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 ...

Super funds procrastinate on holdings disclosure

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
... original form, to be regulated by the Australian Securities and Investments Commission (ASIC) rather than the Australian Prudential Regulations Authority (APRA), were extremely thorough, requiring public disclosure of all holdings down to the very last ...