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Showing 671 - 680 of 1611 results for "Prudent"

US recommends asset manager stress tests be removed

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
US Treasury released a report overnight that makes several recommendations for its financial services industry, including the elimination of statutory stress testing for investment managers. The stress testing call came as part of several recommendations ...

Trustees must raise bar on good governance: APRA

KARREN VERGARA  |  THURSDAY, 26 OCT 2017
Superannuation trustees must do more than comply with a code to improve governance practices, particularly when it comes to board appointments and composition, APRA deputy chair Helen Rowell said. Rowell told an Australian Institute of Superannuation ...

Colonial First State names new distribution head

ALEX BURKE  |  FRIDAY, 13 OCT 2017
Colonial First State has appointed a new general manager of distribution. Peter Chun has held multiple roles at CFS since joining in 2002, initially as head of super and investments. In between he served as director, product and marketing for Credit ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
The Australian Institute of Superannuation Trustees is urging the Senate to reject the Turnbull Government's proposal to mandate a governance model for superannuation funds and preserve the equal representation rule. In response to the Superannuation ...

Exclusive partnership brings $35bn global manager to Australia

ALEX BURKE  |  WEDNESDAY, 4 OCT 2017
... size of the renewable sector within infrastructure globally moving forward, considering a specialist in the space seems a prudent option to consider. We are delighted to be able to offer our clients access to who we consider to be a leading clean energy ...

UK regulator increases support for new starters

JAMIE WILLIAMSON  |  FRIDAY, 29 SEP 2017
As part of its crusade to increase competition in the UK's asset management sector, the Financial Conduct Authority will establish a hub to assist new entrants to the industry. Speaking at an investment conference in Europe, FCA executive director of ...

Superannuation gets another makeover

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
The Federal Government is planning to turn superannuation on its head with a package of reforms introduced by Minister for Revenue and Financial Services Kelly O'Dwyer yesterday. The reforms, which apply equally to all APRA regulated superannuation ...

APRA names heavyweight panel to investigate CBA

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
The Australian Prudential Regulation Authority appointed three highly experienced panel members to conduct an inquiry into the governance, culture and accountability frameworks of the Commonwealth Bank. Chairman of the Banking and Finance Oath, John ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
The Australian Prudential Regulation Authority is pressing ahead with its aim to remove the superannuation industry of underperforming funds, penning a warning letter to all RSE licensees to shape up or ship out. In the letter APRA deputy chair Helen ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
The Australian Prudential Regulation Authority will establish an independent inquiry into the Commonwealth Bank, following a series of scandals which have called the integrity of Australia's largest bank into question. The inquiry, conducted by an APRA-appointed ...