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Showing 571 - 580 of 1255 results for "Prudential"

APRA releases report on Trio investigation

KERRIE SYDEE  |  MONDAY, 11 APR 2016
The Australian Prudential Authority (APRA) has released its report on its investigation into the failure of Trio Capital Limited (Trio) and loss of up to $150m. The investigation resulted in the removal of 13 former Trio directors from the superannuation ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
... Sydney yesterday, Turnbull said both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) had powers equal to a Royal Commission, and more in some circumstances. "What Mr Shorten is really ...

Super fund outflow ratios cause for concern

DARREN SNYDER  |  WEDNESDAY, 6 APR 2016
... issue that may impact their future viability. Speaking at the Banking and Wealth Summit in Sydney yesterday, Australian Prudential Regulation Authority (APRA) deputy chairman Helen Rowell described the issue as "critical" and "not getting the attention ...

Equip appoints new board members

DARREN SNYDER  |  FRIDAY, 1 APR 2016
... delay in legislation enabling the appointment of independent directors required the fund to apply to the Australian Prudential Regulation Authority (APRA) for a variation of its licence so that it could appoint two independents. "As APRA has not yet ...

Super governance at top of APRA agenda

MARK SMITH  |  MONDAY, 21 MAR 2016
The Australian Prudential Regulation Authority has highlighted three superannuation governance issues it will prioritise in its regulatory agenda for 2016. The first of these issues is what the regulator called "the robustness of strategic and business ...

New insurance industry guidance on its way

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
... between the IFF and FSC has been looked at trying to harmonise their data dictionaries to better meet the Australian Prudential Regulation Authority's (APRA) reporting standards. Cox said the FSC's data dictionary was mainly practitioner facing and for ...

Fraser Review compounds board independence impasse

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
... stand up into the future," Medd says. She adds matters of improved governance have been in the sights of the Australian Prudential Regulation Authority (APRA) for a number of years and "this review focused on the not for profit sector will likely contribute ...

Governance reform not targeting industry funds: O'Dwyer

MARK SMITH  |  MONDAY, 29 FEB 2016
Assistant Treasurer and Minister for Small Business Kelly O'Dwyer has insisted the proposed governance reforms for superannuation funds are not targeting the not-for-profit sector in a speech where she cited the privacy breach at Cbus as a sign that ...

Tail risk hedging works for industry fund

DARREN SNYDER  |  MONDAY, 29 FEB 2016
... during periods of significant market volatility as required by law. It said stringent rules introduced by the Australian Prudential Regulation Authority (APRA) in 2013 made DB funds more sensitive to the performance of investment markets. The rules assume ...

Super hits $2 trillion

MARK SMITH  |  TUESDAY, 23 FEB 2016
The latest quarterly statistics from the Australian Prudential Regulation Authority (APRA) show that super assets increased 6.1% to $2.0 trillion in the 12 months to 31 December. Of this number, $1.26 trillion are APRA-regulated fund assets with the ...