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Showing 331 - 340 of 1253 results for "Prudential"

APRA locks in mid-year heat map update

HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
... map in June to reflect the actions of superannuation trustees over the seven months since its initial release. The prudential regulator is set to release an updated version of the fees and costs tranche of its December 2019 MySuper heat map in June ...

Sunsuper Labor donations rile Bragg

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
... Economics Legislation Committee, APRA deputy chair Helen Rowell was grilled by Liberal Senator Andrew Bragg over the prudential regulator's lack of opinion on the $11,000 donation made by the large Queensland super fund to the ALP. Towards the end of ...

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... climate change are being transmitted directly as well as indirectly. APRA will develop a climate change financial risk prudential practice guide, which it says will not be intended to establish new obligations but to assist entities in complying with ...

APRA introduces annual stress-testing

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... scenario development processes and generally made better use of stress test results. APRA said it intends to publish a prudential practice guide on stress testing to promote industry better practice and consistency. The regulator said it will consult ...

Regulators praise super law reform

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have jointly welcomed the proposed legislative reforms increasing the role of ASIC in the superannuation industry. The proposed changes ...

Calls for disability insurance reform

ELIZA BAVIN  |  MONDAY, 10 FEB 2020
... pre-disability take-home pay. A high replacement ratio can be a disincentive to returning to work." In December, the Australian Prudential Regulation Authority said that life companies collectively lost around $3.4 billion over the past five years through ...

New MySuper outcomes tool set for release

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... uses that sort of overlay approach." The release of TTS' tool comes after Graeme Samuel's capability review of prudential regulator APRA called for the creation of superannuation performance tool by the end of 2019 which focused on member outcomes. ...

Major life insurers continue to suffer

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... questioned the sustainability of the local life insurance sector in its report looking back on 2019. In its report, the prudential regulator highlighted the tough conditions facing the sector, and noted the viability of some products was in severe doubt ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
More than a year after it was recommended by Commissioner Kenneth Hayne, the government has taken steps to extend the Banking Executive Accountability regime to include super funds and other APRA-regulated entities. Set to be known as the Financial ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
The Australian Prudential Regulation Authority released its look-back at 2019, making special mention of tough times for the life insurance industry and questioning its sustainability. "Australia's life insurance sector faced deteriorating conditions ...