Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 321 - 330 of 1608 results for "Prudent"

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... uncertainty globally around inflation and monetary and fiscal policies. "Given this environment the board has taken a prudent approach to positioning the portfolio with risk levels at a neutral setting around the middle of the range we would normally ...

Law firm adds financial services partner

JAMIE WILLIAMSON  |  MONDAY, 25 OCT 2021
Corrs Chambers Westgarth has appointed a new partner in financial services regulatory specialist Steven Rice. Rice joined the Corrs Financial Services Group team earlier this month, based in Sydney. He specialises in financial services, financial markets ...

APRA appoints investment risk lead from TCorp

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
A former New South Wales Treasury Corp executive has joined the prudential regulator as head of investment risk. Geoff Stewart was appointed head of investment risk at APRA in September. Stewart recently finished up as TCorp's head of investment advisory ...

Scariest themes for investors revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
A new survey from Citi has revealed what fund managers, chief executives and chief financial officers across Australia and New Zealand are most concerned about. Stagflation, China's slowdown and a global energy crunch were top of mind for over 1500 ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
APRA is keeping its watchful eye on superannuation funds' preparedness for the new remuneration standards that take effect in 2023. APRA has released the updated version of Prudential Practice Guide CPG 511 Remuneration, where it expects boards to oversee ...

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
Commonwealth Bank finalised its three-year action plan by implementing recommendations from a prudential inquiry to improve its governance and culture. At the same time, it has been slammed with court proceedings for underpaying staff over $16 million. ...

APRA proposes further unlisted valuation rules

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
APRA is proposing more stringent rules around how superannuation funds value unlisted assets and is taking industry feedback until 16 February 2022. The prudential regulator seeks to make several changes to Prudential Standard SPS 530 Investment Governance ...

IDII pitfalls advisers should avoid

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
Financial advisers must beware the pitfalls of problematic individual disability income insurance products and avoid circumstances that could land them in trouble with the financial complaints body. As part of a panel of experts at the Association of ...

APRA to mandate independent certifications

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
Prudential regulator APRA plans to go ahead with mandating independent certifications within group insurance as recommended by the financial services Royal Commission. In a letter to registrable superannuation entity licensees, APRA clarified its position ...

Kiwi markets regulator names new chief

KARREN VERGARA  |  TUESDAY, 14 SEP 2021
New Zealand's Financial Markets Authority will welcome a new chief executive in 2022. Samantha Barrass will assume the role that current chief executive Rob Everett will vacate at the end of October. Barrass is the former chief executive of the Gibraltar ...