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Showing 481 - 490 of 1822 results for "APRA."

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
In another year of lockdowns and uncertainty, Financial Standard 's most read stories show all eyes were on the changing nature of the superannuation sector. Industry consolidation and the Your Future, Your Super performance test underscore the ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released their annual engagement update for 2021. Reinforcing Australia's twin peaks model of regulation, the agencies said they ...

ISA releases pre-election wish list

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
Industry Super Australia (ISA) has released a four-point plan to put members and their future economic security at the forefront of any debates over superannuation policy during the forthcoming election. Noting various discrepancies within the current ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
With just $2 billion in assets, Christian Super has been told by the prudential regulator that it must merge by 31 July 2022 following persistent underperformance. APRA has imposed additional licence conditions on the super fund in order to protect ...

Athene, Apollo stake in Challenger approved

KARREN VERGARA  |  MONDAY, 6 DEC 2021
Minority shareholders of Challenger have been given the go-ahead to acquire their additional stake by the prudential regulator. Athene Holding and Apollo Global Management now have an 18% stake in the ASX-listed Challenger after APRA approved the additional ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
APRA is consulting on two new prudential standards aimed at strengthening how entities, including superannuation trustees, respond to financial crises. CPS 190 Financial Contingency Planning (CPS 190) and CPS 900 Resolution Planning (CPS 900) are the ...

UniSuper, Australian Catholic Super exploring merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
The $11 billion Australian Catholic Superannuation has committed to explore a merger with $105 billion industry fund UniSuper. The two funds signed a Memorandum of Understanding to explore a potential merger, which would see Australian Catholic Super ...

AMP advances demerger

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
AMP is forging ahead with its planned demerger that is due to take effect in the first half of 2022. AMP chief executive Alexis George is confident that AMP and AMP Capital's Private Markets business, otherwise known as PrivateMarketsCo, will become ...

Review of ASIC kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 30 NOV 2021
The review of ASIC's effectiveness is open and accepting submissions. The Financial Regulator Assessment Authority (FRAA) was established in response to recommendations 6.13 and 6.14 of the Royal Commission. It is tasked with reviewing and reporting ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
The Australian Prudential Regulation Authority (APRA) has finalised its new bank capital framework, designed to strengthen levels of capital and align Australian standards with the internationally agreed Basel III requirements. The new regime, which ...