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Showing 51 - 60 of 1608 results for "Prudent"

APRA updates governance framework

ELIZA BAVIN  |  FRIDAY, 24 OCT 2025
The Australian Prudential Regulation Authority (APRA) has provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... trustee's management of such failings as a trustee remains responsible from a regulatory perspective. Some caution is prudent before reading a specific group of operational failures with a service provider as a systemic issue. It can, however, be illustrative," ...

Local PGIM manager exits

ELIZABETH FRY  |  THURSDAY, 23 OCT 2025
A PGIM senior manager has left the company following a global restructure aimed at simplifying its reporting structure. Hayley Douglas has finished up as a senior manager in PGIM's Sydney-based institutional relationship group, a position she held ...

ART names new chair

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
Helen Rowell has been appointed the new chair of Australian Retirement Trust (ART) to replace outgoing chair Andrew Fraser. Rowell's term as chair will commence on 21 November 2025. Fraser announced his intention to retire as chair of the ART board ...

Lazard names the local head of retail sales

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
Lazard Asset Management has confirmed that after eight years leading the Australian retail sales team, Benjamin Granbery has left the firm. "We would like to thank him for his significant contribution to Lazard Asset Management," said Lazard AM's ...

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... Hockey added that as a "systemically important bank" APRA expects Westpac to hold itself to the requisite standard of prudent risk management and governance practices. "Completion of this risk transformation program is a vital step in ensuring these ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

Liquidity, operational shocks major issues for super: RBA

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
The Reserve Bank of Australia (RBA) has released its Financial Stability Review, highlighting that building resilience to severe liquidity and operations shocks must remain a priority for superannuation funds. "Superannuation funds now account for around ...

Super Moves: ANZ Staff, Aware, Equip, ART, VFMC

ELIZABETH FRY  |  THURSDAY, 2 OCT 2025
ANZ Staff Superannuation Scheme has appointed William Leong as head of investments, filling the vacancy left by Ruwanie Dias, who took up a role as global head of externally managed funds at QBE Insurance. Leong joins the $7 billion corporate fund from ...

Australia, UK regulators exchange insights

MATTHEW WAI  |  FRIDAY, 26 SEP 2025
The UK and Australia have exchanged information on their respective approaches to financial markets, pension structures, and digital asset advancement at the inaugural UK-Australia Joint Financial Regulatory Forum. The virtual forum was chaired by director ...