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Showing 521 - 530 of 557 results for "Supervision"

New investment risk tool for SMFSs launched

... implementation of portfolio theory, statistics, econometrics and probability theory. "The Superannuation Industry (Supervision) Act (1993) explicitly requires trustees of superannuation funds to consider both the return and risk of their investment strategy ...

Government makes super portable in time for Choice

... helping them to reduce the impact of fees and charges," adds Brough. The regulations (the Superannuation Industry (Supervision) Amendment Regulations 2005 No 3) will be available on the Federal Register of Legislative Instruments website at www.frli.gov.au ...

Class action filed against retirement fund managers

AAP  |  FRIDAY, 10 JUN 2005
... Prudential Regulation Authority inspection found LifeTrack might have breached provisions of the Superannuation Industry (Supervision) Act.

Asteron chooses InfoComp in exclusive platform arrangement

... in funds under management and $4.3 billion in funds under administration with another $25.2 billion in funds under supervision. Fox says InfoComp's Composer was chosen following a program of consolidation in 2003 to streamline the operations of its trans-Tasman ...

APRA issues tough new board proposals

... authorised non-operating holding companies and follows proposals outlined in an early discussions paper - Prudential Supervision of General Insurance Stage 2 Reforms - issued in November 2003. Comments are invested by August 12, 2005.

APRA investigation leads to criminal charges

... Australian Prudential Regulation Authority (APRA). Three of the five face charges under the Superannuation Industry (Supervision) Act 1993 (SIS Act) relating to contraventions of the sole purpose test, an alleged scheme to avoid the in-house asset rules ...

APRA releases tough standards for insurance industry

... Prudential Regulation Authority (APRA) has issued draft prudential standards on a proposed strengthening of the prudential supervision of general insurance for risk and financial management. The draft standards include a discussion paper and guidance ...

ASIC and APRA move to streamline intra-fund transfers

... superannuation fund was developed with APRA and applies to approved trustees under Part 2 of the Superannuation Industry (Supervision) Act 1993 (SIS Act) or any trustee holding an RSE licence under Part 2A of the SIS Act. "Addressing legacy products ...

Licensing relief for securitisation special purpose vehicles

... to those special purpose securitisation entities dealing in financial products either on the advice of or under the supervision of an AFSL holder. ASIC director of regulatory policy Mark Adams said "the relief from licensing provisions is based on our ...

Disqualified trustee pleads guilty to APRA superannuation charges

... members associated with the superannuation fund. The action breaches section 307 under the Superannuation Industry (Supervision) Act 1993. Foulds, a director in superannuation consulting accountancy firm Pitcher Partners, has avoided a conviction and ...