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Showing 11 - 20 of 204 results for "Prudential Standard"

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
Challenger saw $11.7 billion leave its funds management business in the third quarter, of which $3.4 billion came from negative market movements driven by the Middle East conflict. The lion's share of $8 billion were net outflows while the balance of ...

AMP head of corporate pensions departs

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
AMP head of corporate pensions Chris Jansen has retired after just shy of four decades with the wealth manager. Jansen held several roles throughout his tenure, mostly relating to AMP's superannuation offerings, including head of product - superannuation ...

APRA launches 'advanced illiquidity premium' to capital framework reforms

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... the proposed floor for the risk allowance and treatment of the AILP in the credit spread stress charge under Prudential Standard LPS 114 Capital Adequacy: Asset Risk Charge. After carefully weighing the feedback received, APRA said it determined the ...

Chalmers releases retirement phase reforms

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
Treasurer Jim Chalmers has released the Retirement Reporting Framework and Best Practice Principles for superannuation retirement income solutions. "These reforms are all about strengthening the system to deliver the best results for Australians when ...

ASFA expands financial crime prevention framework for super trustees

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
The Association of Superannuation Funds of Australia (ASFA) has launched two new tools to help super trustees strengthen their fraud controls. The new features, dubbed the Scams and Fraud Toolkit and the Scams Policy Template, are now available and ...

Morningstar DBRS expands into regional Australia

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
Global credit rating agency Morningstar DBRS (Morningstar) has announced its expansion into the Asia Pacific region with the opening of a new regional hub in Australia. The Sydney hub will function as a service center for the broader Asia Pacific region. ...

APRA tackles 'weak demand' for longevity products in second consultation

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
APRA has launched a second round of consultations on the capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of ...

APRA updates governance framework

ELIZA BAVIN  |  FRIDAY, 24 OCT 2025
The Australian Prudential Regulation Authority (APRA) has provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... focal points of CPS230 is the use of outsourced service providers, especially those located offshore. The prudential standard aims to ensure that an APRA-regulated entity effectively manages its operational risks, maintains critical operations through ...