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Showing 361 - 370 of 637 results for "Australian Prudential"

Trio investor secures damages from adviser

BEN COLLINS  |  FRIDAY, 8 JUN 2012
... approximately $180 million in the Trio fraud. Only those who invested in Trio through a fund regulated by the Australian Prudential Regulation Authority (APRA) have been eligible for Federal Government compensation.

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
While accepting that the Australian Prudential Regulation Authority could have done more, deputy chairman Ross Jones has moved to distance the regulator from the Trio disaster, placing the blame with trustees and auditors. "APRA's prudential supervision ...

APRA releases final form prudential standards

LINDA HAUSKEN  |  FRIDAY, 1 JUN 2012
The Australian Prudential Regulation Authority has released a set of prudential standards in final form, and a response paper as part of its review of capital standards for general and life insurers. The aims of Australian Prudential Regulation Authority's ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
The Lower House of Parliament has passed legislation that will give the Australian Prudential Regulation Authority greater powers to pursue "rogue superfund directors". The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) ...

APRA releases draft prudential standards

LINDA HAUSKEN  |  MONDAY, 30 APR 2012
The Australian Prudential Regulation Authority has released its proposed prudential standards, open to industry response until July 20. The regulator said it is proposing to introduce prudential standards covering topics common to other APRA-regulated ...

Funds remain unconvinced on lifecycle MySuper product

MELANIE TIMBRELL  |  THURSDAY, 22 MAR 2012
... creating a separate MySuper product distinct from what is currently available. Ross Jones, deputy chair of the Australian Prudential Regulation Authority this week called on funds to engage in consultation with the regulator early to ensure products ...

APRA calls for risk-consistent exec pay

MELANIE TIMBRELL  |  MONDAY, 12 MAR 2012
... policies that encouraged risky behaviour were identified as a practice too common in the lead-up to the GFC by Australian Prudential Regulation Authority (APRA) general manager David Lewis, who says the regulator is unconcerned by the volume of executive ...

Super contributions break through $1 trillion

ALEX DUNNIN  |  THURSDAY, 1 MAR 2012
... contributed into superannuation funds while the proportion of benefits paid as lump sums has plummeted. The Australian Prudential Regulation Authority has just released its Annual Superannuation Bulletin for the financial year to 30 June 2011 and it ...

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
The proposed level of involvement by the Australian Prudential Regulation Authority in commercial arrangements between super funds and employers under the new draft MySuper Bill is unnecessary and inefficient, according to retail bodies. Submissions ...

Pressure on yields continues

MELANIE TIMBRELL  |  FRIDAY, 20 JAN 2012
... having to buy and their demand is now greater than supply." Changes to liquidity requirements imposed by the Australian Prudential Regulation Authority (APRA) on banks have led to a commonwealth and state-debt buying spree. "With US treasuries, UK gilts ...