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Showing 31 - 40 of 539 results for "Supervision"

APRA to hunt for new deputy chair

ELIZA BAVIN  |  FRIDAY, 19 SEP 2025
... "Among other achievements, Margaret initiated innovative ways of thinking and solving problems, particularly on complex supervision and enforcement matters. She drove our legal and enforcement functions into a new era and reshaped processes across APRA ...

Equity Trustees defies ASIC Shield Master Fund allegations

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... it acted in line with its fiduciary duties and obligations under the Corporations Act and Superannuation Industry (Supervision) Act. A recent report by the AFR showed that in 2022, an EQT junior analyst raised several red flags upon assessing the new ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Equity Trustees saw funds under administration and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... remedial work," Smith said. "APRA protects policyholders by upholding a robust prudential framework and exercising active supervision, giving confidence to policyholders that their insurers can fulfil their obligations. "APRA will continue to take suitable ...

HESTA snags Equip Super risk chief

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... Australian Prudential Regulation Authority (APRA) for nearly a decade in various capacities, including manager of supervision and principal analyst. The announcement follows a recent executive shuffle, which saw former chief risk officer Andrew Major ...

ASX chief compliance officer to step down

MATTHEW WAI  |  FRIDAY, 1 AUG 2025
... to align with the ASX's strategy of moving towards a more "risk-based, data-driven, and effective model" of market supervision. ASX managing director and chief executive Helen Lofthouse thanked Moran for his contributions. "Having served on the executive ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... licensee who has engaged the service of a sales referral source, you should have in place adequate monitoring and supervision arrangements to detect concerning conduct and to make sure your advisers are acting in the best interests of their clients." ...

Adviser banned for PRP supervision failures

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
... similar, and the advice provided was templated without proper consideration of each client's circumstances. Potter's supervision was also labelled "inadequate" with the documents required by the Corporations (Work and Training Professional Year Standard) ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... budgeting the $39.3 billion FY25 levy, ASIC expects to allocate $17.2 million on enforcement activity and $5.6 million on supervision and surveillance. ASIC flagged it has prioritised its policing of cold-calling superannuation switching business models ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... industry. APRA chair John Lonsdale said the Stakeholder Survey played a valuable role in shaping APRA's approach to supervision and policy development. "At a time of great international volatility and economic uncertainty, it's important the Australians ...