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| | | What APRA learned from its prudential inquiry into Commonwealth Bank, and the Royal Commission, will help shape its updated and soon-to-be released standard on remuneration. APRA executive general manager, policy and advice, Pat Brennan told an industry ... |
| | | | APRA's first capability review should consider benchmarking it against comparable prudential regulators around the globe, says its terms of reference which are now open for response. Last month, the Government agreed to undertake regular capability ... |
| | | | APRA issued a stern warning to super funds to expect a more assertive and demanding prudential regulator that will crack down on underperformance and poor cooperation. But it is being held back by the long-awaited passage of a Bill. Deputy chair Helen ... |
| | | | The former chief customer officer of group insurance at MLC Life Insurance has joined the prudential regulator. APRA confirmed Suzanne Smith has taken on the role of general manager of superannuation for the specialised institutions division. Melbourne-based ... |
| | | | ... remainder of the year following the Royal Commission. Releasing its annual policy priorities document this week, the prudential regulator said it would build on the work it began last year, while taking into the major events swirling within the financial ... |
| | | | ... to those better equipped to do so," he said. Recent reforms have handed APRA greater powers and Byres welcomed the prudential regulator's ability to more forcefully pursue trustees it feels are not delivering quality member outcomes. "Further consolidation ... |
| | | | ... of superannuation funds face criminal penalties for breach of their best interests duty and provide the Australian Prudential Regulation Authority with more powers to deal with underperforming superannuation funds," Federal Treasurer Josh Frydenberg ... |
| | | | ... executive will help lead APRA's capability review. Diane Smith-Gander has joined the three-person panel reviewing the prudential regulator, after the Government agreed to act on Kenneth Hayne's recommendation for regular capability reviews and a review ... |
| | | | ... matters I have mentioned concern the proper governance of the fund. Proper governance is, in my view, a matter for the prudential regulator APRA to supervise," he said. |
| | | | ... said it would take time to review the report's recommendations before issuing a more detailed response. However, the prudential regulator said it was pleased many of the report's recommendations align with submissions it made to the Commission, including ... |
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