Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 561 - 570 of 1255 results for "Prudential"

APRA outlines plans to refocus Appointed Actuary role

MARK SMITH  |  WEDNESDAY, 22 JUN 2016
The Australian Prudential Regulation Authority (APRA) has proposed improvements for the Appointed Actuary role within insurance companies. The Appointed Actuary is a mandatory position insurers must have to provide independent, expert advice to boards ...

QSuper calms super raid fears

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
... Scheme. "The government will manage the Defined Benefit Scheme to minimise over-funding and based on the Australian Prudential Regulation Authority (APRA) funding standards that apply to similar corporate schemes. The State Actuary has advised that a ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
... loans to property investors in April - undoubtedly impacted by tighter lending criteria resulting from the Australian Prudential Regulation Authority's (APRA) macro-prudential policy target of limiting investment property loan growth to no more than ...

BOQ director announces resignation

ALEX BURKE  |  FRIDAY, 27 MAY 2016
... director distribution at Lloyds TSB, head of retail at St George, and has held other roles at Citi, Eastwest Airlines and Prudential Assurance Company. Commenting on his departure, Berkett said: "There is a sound strategy in place which differentiates ...

Latest APRA stats show drop in super assets

MARK SMITH  |  TUESDAY, 24 MAY 2016
Superannuation assets fell 0.6% in the year to 31 March, according to the latest stats from the Australian Prudential Regulation Authority. Total super assets dropped to $2 trillion in the 12-month period partially driven by poor investment performance. ...

Financial Sector Advisory Council back in action

DARREN SNYDER  |  MONDAY, 9 MAY 2016
... performance of the financial system regulators: the Australian Securities and Investments Commission (ASIC); the Australian Prudential Regulation Authority (APRA); and the Payments System Board of the Reserve Bank of Australia (RBA). The Council will ...

Government acts on income streams review

DARREN SNYDER  |  WEDNESDAY, 4 MAY 2016
... products should continue to be prohibited. It also says Self-Managed Superannuation Funds (SMSFs) and small Australian Prudential Regulation Authority (APRA) funds should not be eligible to offer products in the new category.

Drop in regulator staff numbers under coalition

MARK SMITH  |  MONDAY, 2 MAY 2016
... 2015-16. Australia Tax Office staff numbers have fallen from 22,022 to 18,482 - or 16.1% - in the same period. Australian Prudential Regulation Authority (APRA) staff numbers have also fallen 3.1% to 590 since 2013-14. The independent think tank said ...

APRA counts life insurance losses

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
... resulted in "changing community standards as to what conditions give rise to claims." In discussing the improvement of prudential standards, APRA highlighted that it is the board of a superfund that is responsible for having an insurance management framework ...

EQT managing director departs

ALEX BURKE  |  THURSDAY, 28 APR 2016
... at AXA Asia Pacific, chief executive - risk (life and health insurance) at AXA Australia and has held other roles at Prudential-Bache Securities and Elders Finance Group. He is also a director at the Financial Services Council. Burns' position will be ...