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Showing 31 - 40 of 46 results for "Margaret Cole"

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... are being well-looked after, regardless of what type of fund or product their money is invested in," APRA member Margaret Cole said. "Although there have been benefits generated for members from industry consolidation and reductions in fees in recent ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... further refine and expand its Choice Heatmap over coming years to cover more of the sector. Executive board member Margaret Cole said APRA would now further intensify its supervision on the trustees of products that had been shown up on the heatmaps ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
... this is to move its members to a better performing and more sustainable product as soon as possible," APRA member Margaret Cole said. "These new licence conditions are designed to set out a clear path for Christian Super to achieve this, while also ensuring ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... management of financial resources are likely to continue to evolve over the coming months. APRA executive board member Margaret Cole said that while Australia's superannuation system is served by a variety of business models that use a range of different ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... end of the CEU, it expects all matters referred to APRA by the Hayne Royal Commission to be concluded. APRA member Margaret Cole said: "AMP is one of the wealth industry's largest and best resourced companies, and APRA expects a commensurately high ...

APRA moves to force EISS Super merger

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... and managing - and spending - billions of dollars of members' money, is a privilege, not a right," APRA member Margaret Cole said. While the investigation into the fund is ongoing, Cole said there is "sufficient concerns about the trustee's ability ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... interests of their members, and APRA is working hard to ensure they fulfil that obligation," APRA executive board member Margaret Cole said. "That's not a reason for members to sit back and avoid taking steps to act in their own best financial interests ...

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... investment options available, join a new fund on their own accord or via an adviser. APRA executive board member Margaret Cole said historically, the choice sector's complexity, variety and sheer volume of options have helped to shield poorer performers ...

APRA appoints investment risk lead from TCorp

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... Mercer, Macquarie, AMP and Russell Investments across investment analytics, research, and consulting. Separately, Margaret Cole took on the role of APRA member from July 1 for a five-year term. Treasurer Josh Frydenberg appointed Cole because of her ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... the reasons why super funds were either given a pass or fail result - and not a specific score. APRA board member Margaret Cole and executive director of superannuation Suzanne Smith, who also appeared at the inquiry, explained that the legislation mandated ...