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Showing 31 - 40 of 1253 results for "Prudential"

APRA to rejig non-traditional service providers framework

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
... monitoring. It hopes the changes will streamline processes and alleviate regulatory burden, while "ensuring a practical prudential framework that enhances resilience across the financial system." APRA defines NTSPs as providers that are typically market-mandated ...

Tech concentration in super a major concern: APRA

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
APRA member Suzanne Smith has expressed the prudential regulator's concerns around entities relying on a concentrated set of technology providers. Smith said dependency on the cloud and movement of workloads to the cloud environment has exponentially ...

Morningstar DBRS expands into regional Australia

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
... and managing compliance functions across a diverse range of products and regulatory regimes. This includes APRA in prudential standards and ASIC in licensing, consumer credit, privacy and oversight of frameworks and governance. ASIC granted Morningstar ...

APRA tackles 'weak demand' for longevity products in second consultation

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
... capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of consultations, including a more principles-based approach ...

APRA updates governance framework

ELIZA BAVIN  |  FRIDAY, 24 OCT 2025
The Australian Prudential Regulation Authority (APRA) has provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... cycles, which makes it very difficult to create a business case that supports an investment into this space." Legal and Prudential managing partner Jonathan Steffanoni says service failures that are the subject of enforcement action appear to have occurred ...

Local PGIM manager exits

ELIZABETH FRY  |  THURSDAY, 23 OCT 2025
... since September 2019. She is currently on garden leave. In essence, the US$1.4 trillion asset management business of Prudential Financial has eliminated the institutional relationships team and folded it into the sales structure. With extensive experience ...

ART names new chair

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
... since April 2024 and is currently chair of the risk committee. Rowell previously held senior roles with the Australian Prudential Regulation Authority for over 20 years, including 10 years as an executive board member and deputy chair. Fraser said, as ...

Lazard names the local head of retail sales

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
... of Australia Wealth at global asset manager PGIM. Price arrived at the US$1.2 trillion asset management business of Prudential Financial after 16 years at Macquarie Asset Management as head of wholesale distribution. Granbery's previous roles include ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... entered a court enforceable undertaking (CEU) with APRA in December 2020 where it committed to remediating specific prudential weaknesses identified in its culture, governance and accountability, and address the root causes of these issues. Westpac then ...