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Showing 681 - 690 of 1611 results for "Prudent"

APRA puts super funds on notice

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
The Australian Prudential Regulation Authority will consult on a raft of proposed changes to the superannuation prudential framework, in an effort to lift operation governance practices of regulated superannuation trustees. The proposals were outlined ...

Super funds must address climate risk: Market Forces

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
The superannuation industry's failure to disclose evidence they have considered climate risk in their investment portfolios has left them vulnerable to legal action according to a financial services activist group. Analysis provided by Market Forces ...

Chi-X appoints Australia chief from Deutsche Bank

ALEX BURKE  |  THURSDAY, 3 AUG 2017
Four months after his departure, John Fildes' successor as Chi-X Australia chief executive has been appointed. Replacing Fildes is Vic Jokovic. Jokovic takes on the role after retiring from Deutsche Bank in February, having been managing director, co-head ...

UK regtech expands Australian footprint

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
The overhaul of regulatory reporting requirements by the Australian Prudential Regulation Authority is behind a global regtech provider's decision to expand its Australasian operations. Having already established an Australian presence, London-based ...

SMSF auditors merge

EMMA RAPAPORT  |  TUESDAY, 1 AUG 2017
Two leading self-managed superannuation fund auditors have announced their intention to merge. ASF Audits, an Adelaide-based SMSF Auditor with more than 20 years' experience working with financial advisers, will merge with Super Auditors - a Newcastle ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
Signaling a reorientation in Australia's credit markets, the RBA Financial Aggregates report for June shows that business borrowing has surged relative to home borrowings even as home borrowing still dominates credit markets. According to the RBA total ...

Remembering Gerry Porter

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2017
The financial advice industry is mourning the loss of the man behind the Association of Financial Advisers' Genxt initiative. Former AFA board member and Queensland state director Gerry Porter, who passed away over the weekend, is being remembered as ...

APRA cuts red tape on superannuation transfers

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
APRA is reducing the barriers for super funds to transfer members and merge or wind up products following industry consultation. The regulator's Prudential Practice Guide SPG 227 Successor Fund Transfers and Wind-ups (SPG 227) widens the definition ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
The Federal Government is powering ahead with further changes to Australia's $2 trillion superannuation system, garnering support from across the industry. The latest proposals will see the prudential regulator (APRA) be responsible for making it easier ...

Countplus sells off underperformers and merges firms

ALEX BURKE  |  FRIDAY, 14 JUL 2017
... firms. "Future acquisitions must fit the company's new disciplined and specific quality framework," Countplus said. Due to "prudent fiscal management" Countplus exercised over the past six months, the company's debt position has reduced to $11.6 million ...