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Showing 541 - 550 of 1255 results for "Prudential"

NAB chief promises greater accountability

KARREN VERGARA  |  MONDAY, 6 MAR 2017
... behaviour is expected of them. This is then cascaded all the way down through the bank," he said. As a formal policy, "any prudential breach must be investigated by a dedicated and specialist team." Thorburn defended the bank's actions stating that a ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
... global exchange-rate volatility that could affect Australia's trade". What monetary and fiscal authorities and the prudential regulator could control though is the threat from a collapse in the housing market. "...macrofinancial indicators underline ...

Industry realigns for climate change

ALEX BURKE  |  TUESDAY, 21 FEB 2017
... received positively by industry associations. The Australian Council of Superannuation Investors (ACSI) welcomed the prudential regulator's support for the issue and the Investor Group on Climate Change (IGCC) thanked APRA for accepting "the reality ...

US investment giant builds out Sydney team

ALEX BURKE  |  THURSDAY, 16 FEB 2017
... US investment manager has set up shop in Sydney with a local investment team. Pricoa Capital Group, a subsidiary of Prudential Financial's investment management business PGIM, already has a $3 billion portfolio in Australia and New Zealand, having been ...

APRA urges banks to raise capital

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
... strengthen their capital position. "Financial regulatory authorities would need to stand ready to intensify targeted prudential measures, if lending or house price growth were to re-accelerate, while advancing the implementation of the regulatory reform ...

Landmark ESG recommendations for Australia

DARREN SNYDER  |  TUESDAY, 20 DEC 2016
... managers, industry lobby groups and law firms. Among the recommendations is a request that APRA updates paragraphs in its prudential practice guide on investment governance to clarify to superannuation funds that ESG issues are material to risk and return ...

New product simplifies APRA reporting

JAMIE WILLIAMSON  |  MONDAY, 12 DEC 2016
... developed the solution which will assist management, security and governance teams to report in line with the regulator's Prudential Practice Guide 234 while providing simplified compliance, analytics and heightened data protection. In launching the ...

Super disputes kept aside in Treasury review

DARREN SNYDER  |  WEDNESDAY, 7 DEC 2016
... a last resort compensation scheme, it is worth acknowledging the APRA-regulated superannuation sector is subject to prudential supervision and already has a statutory compensation scheme in place. This scheme, under Part 23 of the Superannuation Industry ...

Life insurance legacy faces more scrutiny

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
... operationally sound into the future, serves the interests of consumers. To this end, APRA has strengthened the life insurance prudential framework and heightened its supervisory intensity of life insurers," the regulator said.

Mercer principal joins IMCA board

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2016
... currently a senior investment consultant with Willis Towers Watson, and an expert on superannuation governance and prudential standards within the firm. Newfield has also previously worked with Mercer in a number of senior consulting, actuarial and fiduciary ...