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Showing 301 - 310 of 1253 results for "Prudential"

VFMC chief joins ING board

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... analyst at National Mutual. ING's board is chaired by John Laker, who spent a decade as the chair of the Australian Prudential Regulation Authority (APRA). Other non-executive directors on its board include: Amanda Lacaze (chief executive of Lynas Corporation) ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
Superannuation industry stakeholders are in talks with the prudential regulator to devise a lower cost option for fund mergers, with smaller funds currently facing the potential of being priced out of merger opportunities. Appearing as part of a session ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
The Australian Prudential Regulation Authority and the Australian Competition and Consumer Commission have signed an updated memorandum of understanding in a bid to increase information sharing, coordination, and cooperation between the two regulators. ...

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... valuations, the board of trustees' capability, and complete the thematic review on outsourcing. Before 1 January 2022, the prudential regulator wants to publish enhanced versions of the MySuper, insurance and choice heatmaps. At the end of the 2022 financial ...

APRA issues new licence conditions on NULIS

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
... best interests are being sufficiently considered by NULIS. Further, the new directions and conditions will address prudential concerns APRA identified in its supervision of NULIS, corroborated in an independent report by Deloitte. NULIS will be required ...

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
... that hasn't happened across the board, with many companies paying higher dividends than expected," Price said. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions until COVID-19's impact was clearer. ...

New chair at Platinum Asset Management

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... distribution side - and was most recently the chief executive and chief investment officer of Eastspring Investments (formerly Prudential Asset Management) in Hong Kong. He has worked across Australia and abroad with Bank of America, JP Morgan Investment ...

Future Super hires governance lead

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... superannuation fund Future Super has appointed a head of governance and regulatory affairs who has had a long career at the prudential regulator. Fahmi Hosain has taken on the role, after almost 17 years at APRA. He served as the head of governance ...

APRA reopens for licences

ANNABELLE DICKSON  |  MONDAY, 10 AUG 2020
... issuing of new licences due to the challenges new entrants would have been faced in light of economic uncertainty. The prudential regulator will also resume public consultations on select policy reforms from September. The issuing of licences will recommence ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions until COVI-19's impact was clearer. ...