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Showing 441 - 450 of 1253 results for "Prudential"

Wealth group acquires asset manager stake

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
... Thomas in 2017. Ferres is formerly the head of multi-asset solutions and portfolio manager at Eastspring Investments (Prudential PLC), and investment strategist and portfolio manager at Goldman Sachs JB Were Asset Management. Ferres will join Aura's ...

Global asset manager names regional head

JAMIE WILLIAMSON  |  FRIDAY, 25 JAN 2019
... development. With more than 20 years' experience in financial services, Allen has previously held senior roles with Prudential Asset Management and Royal & Sun Alliance Investments. Allen said he is excited to be taking on the new role. "The region ...

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... frameworks. An independent report from EY suggesting IOOF Investment Management Limited breached the SIS Act and further prudential standards underpins APRA's action. The action was followed by news that IOOF managing director Chris Kelaher and chair ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... 2022, time enough to get our "houses" in order. However, tighter lending restrictions implemented by the Australian Prudential Regulation Authority (APRA) and as a result of the Hayne Royal Commission have already dented confidence in the Australian ...

APRA, ASIC welcome Productivity Commission's superannuation report

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... calls to grant the regulator additional powers to force superannuation funds to merge or wind up when it saw fit. The prudential regulator's deputy chair Helen Rowell said the superannuation industry posed challenges for all stakeholders - regulators ...

IRESS lead moves to Chi-X

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... services. His previous roles have included BTFG/Westpac Online Investing's product development manager and First Prudential Markets' responsible manager and product development manager. Chi-X Australia chief executive Vic Jokovic said "Mr Fyffe's ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... Government to clarify each of ASIC and APRA roles and powers. According to the Productivity Commission, the corporate and prudential regulators suffer from "confusing and opaque" conduct regulation arrangements for the superannuation system, noting "significant ...

APRA lifts interest-only restrictions

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
... reduction in the proportion of new interest-only loans, which it said had dropped well below the 30% threshold. With the prudential regulator now satisfied the "certain assurances" it sought from authorised deposit taking institutions have been made ...

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... delivering sound, value-for-money outcomes to all members. APRA deputy chair Helen Rowell said: "These changes to the prudential framework set a higher bar for RSE licensees by requiring a robust assessment of the outcomes delivered for members to be ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... financial services framework is similar to the UK, which is overseen by three main regulators: the Bank of England (BOE); Prudential Regulation Authority (PRA), which is a division of the BOE; and Financial Conduct Authority (FCA). Singapore on the other ...