Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 1253 results for "Prudential"

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... regulator warned it will escalate action where necessary if they cannot prove to have basic measures in place. The prudential regulator is leaning into trustees' ability to manage cybersecurity risks, particularly in the areas of multi-factor authentication ...

LGT Crestone taps alternatives and ESG expert

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2025
... firm's ESG policy, and producing its inaugural ESG Annual Report. Prior to that role, he also held investment roles at Prudential International Assurance, Dexia Credit Local, and Harvest Financial Services in Dublin. "LGT Crestone has built a compelling ...

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... retirement phase of superannuation," Treasury said. The framework will sit alongside the Retirement Income Covenant and Prudential Standard SPS 515: Strategic Planning and Member Outcomes, which commenced on January 1. One possible indicator for measuring ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... risk management frameworks are implemented and effective. "The increased capital requirement reflects the heightened prudential risks and compliance concerns and should incentivise KeyInvest to complete remedial work," Smith said. "APRA protects policyholders ...

HESTA snags Equip Super risk chief

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
... Alford brings more than 20 years' experience to the fold. Prior to Equip Super, Alford was stationed at the Australian Prudential Regulation Authority (APRA) for nearly a decade in various capacities, including manager of supervision and principal analyst. ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
... little sign of slowing. And regulators are taking notice. APRA's thematic review of trustees' implementation of Prudential Standard SPS 530 Investment Governance, released in December 2024, marked a turning point. After examining 23 different ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... (DFCRC). The work is also supported by the Australian Securities and Investments Commission (ASIC), the Australian Prudential Regulation Authority (APRA), and the Australian Treasury. This project is one of the initiatives highlighted in the government's ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... superannuation funds "not to cut corners" when in it comes to getting their operational risk management in order as the landmark prudential standard CPS 230 comes into effect today. CPS 230 Operational Risk Management effectively forces super funds to ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... safety with considerations of efficiency, competition, and financial stability, only 24% of respondents felt APRA's prudential framework changes adequately considered the costs imposed on industry. APRA chair John Lonsdale said the Stakeholder Survey ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... 200 retirement products managing $490 billion in members' retirement savings have come under the watchful eye of prudential regulator APRA for the first time. APRA's latest statistics for the March 2025 period breaks down the state of retirement ...