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Showing 211 - 220 of 560 results for "Australian Prudential Regulation Authority"

APRA announces draft 2014-15 supervisory levies

ALEX DUNNIN  |  TUESDAY, 27 MAY 2014
The Australian Prudential Regulation Authority (APRA) and Treasury have issued a discussion paper on the proposed supervision levies they wish to impose on financial entities for next financial year. In the paper APRA said it needs to raise $117 million ...

Super returns bonanza fizzles out

JAMES FERNYHOUGH  |  FRIDAY, 23 MAY 2014
... the lowest rates of return for almost two years, according to figures released by the Australian Prudential Regulation Authority (APRA). In the March quarter, super funds with more than $50 million in funds under management saw rates of return of just ...

'Choice' dashboard, portfolio disclosure delayed to 2015

ALEX DUNNIN  |  TUESDAY, 6 MAY 2014
... complex than initially anticipated, reinforced by the superannuation regulator the Australian Prudential Regulation Authority (APRA) in March this year announcing it will delay introduction of some of its new data collections associated with choice workplace ...

FEATURE: Re-imagining Australia's financial future

STAFF WRITERS  |  THURSDAY, 24 APR 2014
... massive reforms including the floating of the Australian dollar and the creation of the Australian Prudential Regulation Authority (APRA), and the current form of the Australian Securities and Investments Commission (ASIC). And now it seems, after the ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... Commission is the appropriate place for the selection of MySuper funds" and noted that the Australian Prudential Regulation Authority (APRA) "would be better suited for overseeing the selection process." In response, ISA chief executive David Whiteley ...

ASIC should regulate SMSFs as a financial product: PwC

LAURA MILLAN  |  WEDNESDAY, 9 APR 2014
... protection and suggested that ASIC should regulate SMSFs as financial products, while the Australian Prudential Regulation Authority (APRA) should oversee and develop policy to "prevent a build-up of systemic risks related to SMSFs." The submission also ...

APRA requests more decision-making power

JAMES FERNYHOUGH  |  MONDAY, 7 APR 2014
The Australian Prudential Regulation Authority (APRA) has used its submission to the Financial System Inquiry to call for increased independence from government. APRA's submission argues that it needs more freedom to regulate the banking, superannuation ...

Life insurers need more 'wise old heads': APRA

JAMES FERNYHOUGH  |  THURSDAY, 3 APR 2014
... and avoid falling into the same traps, according to Ian Laughlin, deputy chair of the Australian Prudential Regulation Authority (APRA). Laughlin said that the drop in the average age of management - though a positive in some respects - means relatively ...

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
... have only recently gone through "the rigorous and costly process" of achieving the Australian Prudential Regulation Authority (APRA) MySuper product authorisation. "For trustees to now have to apply to another body for the right to compete to provide ...

FEATURE: Facing the perfect storm

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
... the previous year's profit of $3 billion, according to the latest figures from the Australian Prudential Regulation Authority (APRA). Insurers' gross policy expenses went from $6.5 billion in 2012 to $7.1 billion in 2013, with death and disability claims ...