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Showing 51 - 60 of 6887 results for "PRA"

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
APRA has inserted geopolitical risks into its regulatory priorities, expecting superannuation trustees to manage it well, as their traditional risk frameworks may no longer be adequate in the current environment. Penning a letter to super funds and ...

ASIC puts private credit on notice ahead of EOFY

RIDDHIMA TALWANI  |  THURSDAY, 18 JUN 2026
ASIC has put Australia's private credit sector on notice, calling on funds to ensure their June 30 asset valuations are current, accurate and grounded in realistic assumptions. The regulator expects all participants including boards, auditors, responsible ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
ASIC has named 19 additional entities involved in superannuation lead generation activities as part of an ongoing review into business models that may encourage consumers to switch super funds unnecessarily or inappropriately. The regulator updated ...

Capstone joins forces with PictureWealth to form $22bn FUA planning network

MICHELLE BALTAZAR  |  WEDNESDAY, 17 JUN 2026
PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice. Prior to the announcement, PictureWealth Group was ...

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
The prudential regulator is lifting the governance bar for superannuation funds and insurers with proposed changes to CPS 510, launching a consultation as part of its endeavours to stamp out 'poor practices'. APRA has laid out revised draft ...

La Caisse to acquire Transurban toll road stake

RIDDHIMA TALWANI  |  MONDAY, 15 JUN 2026
Transurban has sold its half of the share in a 7.2 kilometre toll road and bridge in Canada to La Caisse for C$280 million($283.4m), making it the sole owner of the asset. A25 Concession connects Northern Montreal across the Rivière des Prairies to ...

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion. It floated 555 million shares at a price of US$135 per share. "The valuation being ascribed ...

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA  |  THURSDAY, 11 JUN 2026
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees. Ian Laughlin, serving as chair, works alongside ...

Global X launches space tech ETF

MATTHEW WAI  |  THURSDAY, 11 JUN 2026
Global X has now launched the space tech ETF (ASX: MOON), which was flagged by Financial Standard in April. MOON is the second ETF launched of three announced by the ETF issuer, with the Global X S&P World Natural Resources ETF expected to hit the market ...

Trustees lack death benefit claims uplift urgency: ASIC

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
Two years since ASIC cracked the whip on superannuation funds to improve death benefit claims handling practices, a follow-up review found very little to no improvements have been made. ASIC's review of 45 trustees found varying degrees of urgency ...