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Showing 671 - 680 of 1255 results for "Prudential"

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... alternative to deferred lifetime annuities (DLA) when it comes to dealing with longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission to the Financial System Inquiry (FSI), APRA was in agreement with ...

FSC calls for new govt agency to grow industry overseas

MARK SMITH  |  MONDAY, 1 SEP 2014
... life insurance policies to meet the needs of Australian consumers. "We are recommending to the Murray Review that the prudential framework be streamlined so the industry can develop innovative products that better meet the needs of consumers."

FSC: Appoint an ASIC commissioner for international issues

MARK SMITH  |  THURSDAY, 28 AUG 2014
... Australian Tax Office, the Department of Foreign Affairs and Trade, ASIC, the Reserve Bank of Australia and the Australian Prudential and Regulation Authority, integrate Australia's regulatory and international process. "Fragmentation has meant Australia ...

Movers and shakers

... management team over the past 18 months. He assisted with the creation of a number of processes to support the new prudential standards for the industry. "In discussions with George on the strategy for our asset management team and his role, it became ...

APRA releases additional requirements for large instos

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
The Australian Prudential Regulation Authority (APRA) has released the updated framework for the supervision of large financial institutions, but will defer a decision on its final implementation until the end of the Financial System Inquiry (FSI). ...

CIO to step aside as EQT shifts focus

MARK SMITH  |  FRIDAY, 15 AUG 2014
... management team over the past 18 months. He assisted with the creation of a number of processes to support the new prudential standards for the industry. "In discussions with George on the strategy for our asset management team and his role, it became ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... is the chief executive officer of Promontory Financial Australasia and was the inaugural Chairman of the Australian Prudential Regulation Authority (APRA). He was also a part of the Wallis Inquiry into the Australian financial system and had a 20 year ...

Resources needed for outcomes, regulators warn Treasury

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... also continue to undertake reactive surveillance where we see possible misconduct," the regulator said. The Australian Prudential Regulation Authority (APRA) noted that a risk-based supervisory approach "requires astute judgment by supervisory staff ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
... functioning of the market for superannuation product. "Superannuation funds already require approval by the Australian Prudential Regulation Authority - the body that has expertise and information to assess the suitability of MySuper offerings - and ...

We don't want to regulate SMSFs: APRA, ASIC

ALEX DUNNIN  |  THURSDAY, 7 AUG 2014
... given an opportunity to do so. "We don't want to regulate SMSFs," said Ian Laughlin, deputy chair of the Australian Prudential Regulation Authority (APRA). But Peter Kell, deputy chair of the Australian Securities and Investments Commission (ASIC), challenged ...