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Showing 481 - 490 of 1253 results for "Prudential"

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... responded to the PJC's call for submissions, including superannuation giants AustralianSuper and Cbus, the Australian Prudential Regulation Authority (APRA), and the Financial Services Council (FSC). AustralianSuper, which provides insurance to 1.4 ...

Private debt attractive for instos: Sahota

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
... because Australian banks have acted as asset managers in the past," he said. This changed earlier this year with APRA'S Prudential Standard APS 120, opening the door wider for non-bank lenders to enter the private debt space. The former Challenger head ...

APRA urges super funds to examine board skills

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
The prudential regulator is asking superannuation fund licensees to reconsider whether board members contain the requisite mix of skills and capabilities to fulfil their role. The regulator sent all registrable superannuation entities (RSEs) a letter ...

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... operational risk management framework "worked better on paper than in practice." Releasing the final report of its prudential inquiry into CBA, the regulator said it identified a "complex interplay of organisational and cultural factors at work", demonstrating ...

MLC, Colonial First State make key appointments

JAMIE WILLIAMSON  |  WEDNESDAY, 18 APR 2018
... strategy and operations and head of superannuation. He also led the CFS Regulatory Reform Program and was responsible for prudential oversight and compliance with all governance related activities for the CFS suite of products and services. MLC Super ...

Executive pay structure still fuels risk-taking: APRA

KANIKA SOOD  |  WEDNESDAY, 4 APR 2018
... collectively account for a "sizeable proportion" of the total assets in the Australian financial system were implementing prudential frameworks on executive remuneration. "The headline message is that the institutions we reviewed by and large had the ...

New insurance lead at industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
... corporate insurance. Between June 2012 and September 2014 he served as implementation lead, trustee obligations and prudential standards for the Strong Super reforms. He has also previously held roles with Accenture, MLC and National Australia Bank. ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... credit to housing slowing to 6.3% in the year to December from 6.6% three months earlier as a result of tighter macro-prudential regulations. Recall that, the Australian Prudential Regulations Authority (APRA) limited interest-only loans to 30% of total ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... Super, REST Industry Super and Telstra Super are all among the latest signatories to meet the March deadline but the prudential regulator says there's more to do. APRA deputy chair Helen Rowell says the code's definitions for disability insurance need ...

AIST names Governance Code panel

JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
... chair the panel that will oversee the Governance Code coming into effect on July 1 for all AIST members. While with the prudential regulator, Brunner served as chair of its Superannuation Working Group from 2010 to 2015. He has also previously worked ...