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Showing 501 - 510 of 1254 results for "Prudential"

Meat industry fund welcomes new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2017
... IOOF. He has also held a range of roles with ANZ Wealth and is a former senior analyst, supervision with the Australian Prudential Regulation Authority. A spokesperson for AMIST Super said a decision would be made in future as to whether a new investment ...

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
... soon be asked to "gracefully exit the industry" if they cannot meet revisions to regulatory frameworks. Australian Prudential Regulation Authority (APRA) deputy chair Helen Rowell said the regulator will soon issue a consultation package on revisions ...

Superannuation fears regulatory strangle: ASFA

EMMA RAPAPORT  |  WEDNESDAY, 29 NOV 2017
... not to criticise what he described as the "necessary regulation" by the people at APRA, ASIC and the ATO, Easson said prudential standards must strike the right balance to allow the superannuation industry to thrive. "Every extra board paper at a superannuation ...

Morrison backs customer-owned banking reforms

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
Treasurer Scott Morrison has backed the entire proposed reform package for the banking co-ops and mutuals sector in an effort to further increase competition in banking and financial services. The Hammond Review found a widespread lack of recognition ...

TRIS tops adviser query list

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
... technical consultant Tim Howard said. FS ADVICE: TRIS and the state of play In June, APRA updated the Superannuation Prudential Practice Guide SPG 280 to give financial advisers additional clarity around when clients aged 60 and over, with multiple employment ...

Industry fund appoints governance and risk head

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
... said. Whilst with APRA, Alford operated as a manager in the specialised institutions division, leading analysts in the prudential supervision and risk assessment of large and complex industry funds. In June, Equip confirmed its merger with the Rio Tinto ...

US recommends asset manager stress tests be removed

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
... Treasury endorses the principle of appropriate risk management in the asset management industry, it does not support prudential stress testing of investment advisers and investment companies as required by Dodd-Frank," its report said. The US is home ...

Trustees must raise bar on good governance: APRA

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
... the eight principles underpinning the AIST Governance Code are "broadly consistent with the requirements of APRA's prudential standard on superannuation governance." "Establishing the code is certainly a good start, but it will take some time for the ...

Colonial First State names new distribution head

ALEX BURKE  |  FRIDAY, 13 OCT 2017
... president of product development at BT Financial Group, a product actuary at ANZ and also held roles at Towers Perrin and Prudential Assurance. A CFS spokesperson said: "Peter Chun has been appointed to the role of general manager, distribution after ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... Scheerlinck said the profit-to-member governance model - in combination with general trust law, statutory law, APRA prudential standards and the AIST Governance Code - already provides a robust independent framework that both protects members' interests ...