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Showing 321 - 330 of 1253 results for "Prudential"

ASIC delivers thinly veiled warning

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... not well-capitalised, not protected by the Government's Financial Claims Scheme, and not supervised by the Australian Prudential Regulation Authority (APRA)," the regulator said. "Some are also backed by concentrated portfolios of higher risk unlisted ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... already compliant with laws regulated by the Australian Securities and Investment Commission (ASIC) and the Australian Prudential Regulatory Authority (APRA)," the fund said. "With this issue now resolved, QSuper is looking forward to working constructively ...

Lloyds profits down 95%

ELIZABETH MCARTHUR  |  FRIDAY, 1 MAY 2020
... 2019, but an increase of 7% on the final quarter of 2019. The bank already cancelled dividends at the request of the UK prudential regulator. There will be no quarterly or interim dividend payments or share buybacks for Lloyd's investors in 2020 either. ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
The prudential regulator has been questioned over super fund liquidity concerns by the Senate Economics Committee. Senator Andrew Bragg issued a letter to APRA putting the regulator on notice to answer a number of questions related to super funds. "I ...

Court restricts Mayfair advertising

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... any of the companies in the Mayfair 101 Group. Therefore, the Mayfair 101 Group is not regulated by the Australian Prudential Regulation Authority (APRA) and investment in its products is not covered by the Australian Government's Financial Claims Scheme ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... would continue to monitor regulated entities remotely, particularly through its information sharing arrangements with prudential regulator APRA. With major projects delayed, the regulator will instead continue to provide an increased level of market ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... asset-quality pressure that will emerge from the downturn, particularly within the next six to 12 months. Meanwhile, the prudential regulator issued a letter to the banks saying they have a crucial role to play in supporting Australian households, businesses ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
APRA will not issue a new superannuation licence any time within the next six months, with the prudential regulator keen to avoid the early failure of new super funds at the hands of COVID-19. APRA has suspended the issuance of new licences to budding ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
... impact they are expecting from the Federal Government's special allowance for early release from superannuation. The prudential regulator asked superannuation funds to send two key measures for their base case: the number of members a fund expects ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
APRA's June update to the MySuper heat map is in question, as the prudential regulator suspends the majority of its supervisory and policy initiatives to zero in on the health of its regulated entities amid COVID-19. The prudential regulator has ...