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Showing 211 - 220 of 1253 results for "Prudential"

Trustees to be quizzed on climate risk management

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
Many superannuation funds will soon be asked to self-assess how their current practices align to the prudential regulator's guidance on managing the financial risks of climate change. APRA will soon be sending a voluntary survey to medium-to-large ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... push the superannuation asset pool to a new record of $3.5 trillion at the end of 2021. The latest statistics from the prudential regulator shows total superannuation assets grew 14% to $3.47 trillion year on year. Member contributions jumped a whopping ...

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
The prudential regulator wants to begin publishing data on all superannuation products and investment options, commencing a new consultation today. Last year APRA undertook phase one of its data transformation which saw super trustees required to provide ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
The prudential regulator has outlined its policy and supervision priorities for 2022, saying its prime focus is rectifying sub-standard industry practices and eradicating unacceptable product performance. Released yesterday, APRA said it will continue ...

Christian Super hires former Mercer executive

ELIZABETH FRY  |  THURSDAY, 20 JAN 2022
... Earlier in his career, Stuart held senior roles with HSBC Asset Management, Victorian Funds Management Corporation, and Prudential Portfolio Managers. He also did a stint as the investment manager for the British Gas pension fund in London before emigrating ...

Christian Super investment chief in new role

JAMIE WILLIAMSON  |  THURSDAY, 13 JAN 2022
... generate strong investment returns for all members." Rider's move follows Christian Super being directed by the prudential regulator to merge with a larger fund by 31 July 2022, citing underperformance.

Smart default fund to boost retirement incomes

CHLOE WALKER  |  MONDAY, 10 JAN 2022
... outcomes. Last year, 13 super funds were found to have failed the government's performance test. Since then, the Australian Prudential Regulation Authority has released the of all the funds it assessed showing another seven, including some of Australia's ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
... 2021 suggest member movement due to the new Your Future, Your Super performance test has been minimal. Analysis by the prudential regulator, released in November, showed that of the one million member accounts in products that failed the test, just 68,000 ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal. The prudential regulator slapped retail and industry superannuation funds alike with the lowest grade possible in its inaugural Choice ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released their annual engagement update for 2021. Reinforcing Australia's twin peaks model of regulation, the agencies said they ...