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Showing 281 - 290 of 1611 results for "Prudent"

Macquarie appoints directors to bank board

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
At its annual general meeting today, Macquarie Group chair Glenn Stevens provided a board update, including the introduction of three bank-only, non-executive directors (BOND) to the Macquarie Bank board. Stevens stated that, as previously noted to ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... previous bear markets, history suggests we could potentially be only half-way through this one, so it's important to remain prudent in how put capital back to work."

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Wayne Byres has resigned as chair of APRA after eight years in the seat and almost 25 years with the regulator. In a statement, Byres said it has been an honour and a privilege to serve as the APRA chair and that he is pleased with what has been achieved ...

Qualitas announces changes to executive leadership team

CASSANDRA BALDINI  |  THURSDAY, 21 JUL 2022
Qualitas has made changes to its executive team, appointing Tim Johansen as global head of investment and funds risk and Dean Winterton as its global head of capital. The real estate investment manager said the changes were made to support the targeted ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... term in nature and remain an emerging risk area for many RSE licensees, APRA intends to issue draft guidance on how a prudent RSE licensee can demonstrate it has a clear understanding of ESG risks, reflects ESG considerations in the investment strategy ...

Pendal FUM drops $12bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... led to an overall disappointing quarter for fund flows," he said. "As a result of current market conditions, we remain prudent and flexible in managing costs, focusing on building and strengthening our strategic growth areas. These include the development ...

$150m capital overlay no more for Allianz Australia

CHLOE WALKER  |  FRIDAY, 15 JUL 2022
APRA has removed the additional capital overlay it applied to Allianz Australia to address its risk governance weaknesses. Initially, a fine of $250 million was imposed on Allianz in 2019, in response to issues raised in a risk governance self-assessment ...

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 ...

ClearView consolidates super, pension plans

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... been specifically designed for members of the now-shuttered product. The five options are Guaranteed Cash, Cautious 30, Prudent 50, Assertive 70 and Aggressive 95. As an example, members in the ClearView Super Conservative option were paying ongoing ...

Pallas Capital introduces feeder fund

CHLOE WALKER  |  THURSDAY, 26 MAY 2022
... maximum loan to value ratio of 65% (or 70% in the case of investment loans). It assesses each loan according to robust and prudent lending criteria. PFT specifically caters to medium-sized CRE borrowers who are under-serviced by the major banks. The ...