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Showing 21 - 30 of 47 results for %22Margaret Cole%22

New APRA chair named

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
John Lonsdale will take over as chair of APRA, with Margaret Cole now a deputy chair. Lonsdale will take on the role from Monday, October 31. He has served as a deputy chair since 2018. He said that "APRA will remain focused on fulfilling its mandate ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
Appearing before the House of Representatives' Economics Committee, APRA's Margaret Cole said the regulator is concerned about some of the super funds that passed the performance test yet fail the regulator's own sustainability testing. ...

Inconsistencies across RIC strategies: Mercer

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
... publishing its findings later this year. In a speech to the Financial Services Council's Policy Briefing, APRA member Margaret Cole said the regulators will release details and observations later this year as well as examples of better practice "to ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... superannuation members are now in a performing MySuper product, equating to 13.1 million member accounts," APRA member Margaret Cole said. "Equally positive is that the performance test has contributed to over 5.1 million MySuper members (just over 38%) ...

Initial review of RIC strategies underway

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... publishing its findings later this year. In a speech to the Financial Services Council's Policy Briefing, APRA member Margaret Cole said the regulators will release details and observations later this year as well as examples of better practice "to assist ...

APRA to improve strategic planning, member outcomes rules

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... where even the best performers are always looking for ways to further improve outcomes for members," APRA member Margaret Cole said. "While we have seen clear evidence that SPS 515 has contributed to greater efficiency in the industry, increased consolidation ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
... went toward directors' fees and advertising. In response to Bragg's pointed questioning, APRA executive director Margaret Cole replied that she was glad that questions about payments to unions had been raised. Cole acknowledged that Bragg had sent letter ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... fees and costs low for members, and fund operational improvements that ultimately benefit members," APRA member Margaret Cole said. "With the largest funds growing solidly, either organically or through mergers, the sustainability and performance gaps ...

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
... should not be made public. APRA is determined to publish as much of the new data as possible, executive board member Margaret Cole said. "The Superannuation Data Transformation sits at the heart of APRA's agenda to use heightened transparency to lift ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
... of the total assets held in these products. At the time those numbers were released, APRA executive board member Margaret Cole said Australians have never had more information or transparency around the performance of their super funds. "Increased transparency ...