|Search Results||Showing 11 - 20 of 45 results for "Prudential Standard"|
|... in Superannuation Measures No.1) Bill 2019 , APRA is amending its strategic planning and member outcomes prudential standard (SPS 515). The four-week consultation period is underway and the new standard is scheduled to commence from 1 January 2020. APRA ...|
|... broad set of challenges for super funds and other financial services firms. "The actual clauses within the prudential standard are open for interpretation rather than a very prescriptive approach," Howard said. "Our findings are that for those companies ...|
|... 2020, funds will be required to undertake an annual member outcomes assessment under the recently released Prudential Standard SPS 515. This is based on: net investment returns, fees and operating costs, cost of insurance, net cash flows, outflow ratios ...|
|... compliance with the sole purpose test has been brought into question. APRS also reminded trustees that its new prudential standard PS 515 Strategic Planning and Member Outcomes becomes effective from January 2020; "Trustees should now be drawing up plans ...|
|What APRA learned from its prudential inquiry into Commonwealth Bank, and the Royal Commission, will help shape its updated and soon-to-be released standard on remuneration. APRA executive general manager, policy and advice, Pat Brennan told an industry ...|
|... further strengthen our prudential requirements on executive remuneration, with consultation on a revised prudential standard due to start mid-year. We will also review our cross industry governance and risk management standards this year to ensure they ...|
|... reflected in their strategic and business planning." Part of the package includes three new prudential standards: Prudential Standard SPS 515 Strategic Planning and Member Outcomes; Prudential Practice Guide SPG 515 Strategic and Business Planning; and ...|
|... regulator's new information security standard. On Wednesday the regulator released the final version of its prudential standard focused on information security management, requiring its regulated entities to clearly define information security related ...|
|... Suncorp Portfolio Services Limited (SPSL) case study - which may not be consistent with the requirements of Prudential Standard SPS 231 Outsourcing. Maurizio Pinto, the executive manager of the office of the superannuation trustee within SPSL, had to ...|
|... by SLSL nor did it take into account the arrangement was commercial and at arm's length; Contravened Prudential Standard SPS 231 (outsourcing) by failing to ensure SPSL could demonstrate the outsourcing arrangement with SLSL is conducted on an arm's ...|
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services.
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic.
A former chair of the SMSF Association has returned for another stint in the top job.
The chief executive of a $5.5 billion industry superannuation fund has spoken out against increasing the superannuation guarantee to 12% in a submission to the Retirement Income Review.
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