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

Search Results

Showing 41 - 50 of 2456 results for "APRA"

Generation Life reports cyber attack

KARREN VERGARA  |  TUESDAY, 28 APR 2026
... clients have been affected, they will be notified directly by Generation Life at the conclusion of that process," GDG said. APRA, the Office of the Australian Information Commissioner (OAIC), Australian Cyber Security Centre (ACSC) and National Office ...

HUB24 sees $4bn net inflows, advances HTFS takeover

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
... anticipated to have a material financial impact on HUB24's EBITDA in FY27 and beyond," HUB24 said. The acquisition is subject to APRA and other regulatory approvals and is expected to be complete by the end of 2026. HTFS will continue to provide trustee ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
... income solutions, particularly in retirement and aged care. Challenger Index Plus sales jumped 41% to $629 million. "With APRA's new capital standards for insurers of longevity products now set, we are turning to the implementation, which will deliver ...

Actuaries Institute proposes pre-set pension for retirees

RIDDHIMA TALWANI  |  THURSDAY, 16 APR 2026
... tax-free income by not transitioning their superannuation to the retirement phase when eligible. Under the proposal, all APRA-regulated super funds would be required to offer members aged 65 and over a pre-set account-based pension, a new income product ...

Insignia Financial shareholders approve takeover

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... withdrew its bid in May and Brookfield Capital Partners dropped out after making a single offer in February of the same year. APRA greenlit the takeover in March 2026 and the Foreign Investment Review Board granted its approval last week.

Concerns raised over super switching consultation

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
... government-mandated performance test that is effectively ordering 12,400 victims and millions more to migrate". Walsh said APRA's performance test actually forces many Australians to switch funds. "The most glaring contradiction in the Treasury's proposal ...

CSC to increase TPD premiums for PSSap members by 43.5%

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2026
... health conditions are being seen across all member cohorts. At the end of 2025, PSSap had about 175,000 members. According to APRA data, in FY25 PSSap members paid about $124 million in total premiums and had about $56 million paid out in claims. Of ...

REI Super names new chair

RIDDHIMA TALWANI  |  THURSDAY, 2 APR 2026
... administration transition. "The fund delivered personalised service, good consistent outcomes for members and passed the APRA performance test comfortably each year," REI Super said. "Claire's leadership has been instrumental in guiding REI Super through ...

APRA imposes additional licence conditions on Fiducian

RIDDHIMA TALWANI  |  WEDNESDAY, 1 APR 2026
APRA has imposed additional licence conditions on Fiducian over concerns the super trustee failed to ensure proper oversight of the investment options made available to members on its platform. The step by the regulator follows a thematic review of ...

APRA launches 'advanced illiquidity premium' to capital framework reforms

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
APRA has finalised its changes to longevity products' capital framework that will impact annuities and retirement income products, namely introducing the "advanced illiquidity premium" (AILP). After consulting with the industry, APRA released its ...