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

Search Results

Showing 361 - 370 of 634 results for "Australian Prudential"

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 ...

Stronger Super draft needs clarity

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
... products, and personal duties for directors or corporate trustees. Also included in the draft are details on the Australian Prudential Regulation Authority (APRA) with the power to make prudential standards.

APRA urges trustees to adhere to industry standards

CLAIRE MCGREAL  |  WEDNESDAY, 16 NOV 2011
The Australian Prudential Regulatory Authority is calling on superannuation fund trustees to ensure the outsourced marketers and product designers of their funds are adhering to industry standards and that the trustees at all times are ultimately responsible. ...

APRA: Investment world still clouded with uncertainty

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
... interest earnings over much of 2010/11. But, warns APRA, there are dangers ahead. The annual report of the Australian Prudential Regulation Authority (ARPA), which supervises the majority of members of the superannuation industry in Australia, said that ...