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| | | APRA executive director of superannuation, life and private health insurance Jane Magill said total and permanent disability insurance (TPD) in its current form is being tested by the sharp rise in mental health claims. Speaking at the All Actuaries ... |
| | | | ... rapidly evolving and requires businesses to keep themselves on track, he said. The Australian Prudential Regulation Authority (APRA) has recently ramped up its supervision on risk management practices for regulated entities, which noted the increasingly ... |
| | | | ... estimates show, with superannuation funds expected to cover one third of this charge. Split across the sectors it regulates, APRA apportioned $81.2 million to superannuation funds. Treasury said trustees continue to operate in a heightened risk environment ... |
| | | | ... permanent disability (TPD) products offered across the retail and group insurance channels, a recent roundtable heard. ASIC and APRA warned providers they need to take "decisive action" to address the sustainability challenges facing TPD insurance and ... |
| | | | APRA has intensified its supervision of superannuation trustees, insurers and banks as geopolitical instability, rapid artificial intelligence (AI) adoption and growing complexity in global markets reshape the financial risk environment. In its latest ... |
| | | | ... RegistryConnect program, and expanding digital transactions. ASIC said for the next six months it will prioritise working with APRA and other regulators to streamline and consolidate data requests and support the government's law reform, promoting productivity. ... |
| | | | ... debacle of administration failures. According to the 2026 Super Insights report, which analysed 2025 financial year data from APRA, funds are already redesigning processes, strengthening governance and investing in front-office capability. This comes ... |
| | | | ... which owns 53% of ClearView, said it intends to vote in favour of the scheme. The next steps involve receiving approval from APRA, as well as the court greenlighting the scheme. "ClearView and Zurich are continuing to work towards the implementation ... |
| | | | ... described this conduct as industrial-scale misconduct, then the question becomes how much more evidence is needed before APRA and Treasury seriously move toward a Part 23 solution." InterPrac did not respond to Financial Standard's request for co ... |
| | | | ... process aims to treat any concerns seriously and address them fairly and promptly," the fund said. An ATO spokesperson said APRA-regulated super funds are expected to treat member reporting data as a "core regulatory obligation", including maintaining ... |
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