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Showing 51 - 60 of 101 results for "Rowell"

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
... required." When pressed on the issue, APRA chair Wayne Byres - appearing by phone from Sydney alongside deputy chair Helen Rowell, member Geoff Summerhayes and general counsel Warren Scott - said several recent reviews had asked more from the regulator ...

APRA tighten reins on super fund acquisitions

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
... Directors must also disclose if they have any directorships and/or shareholdings in any other entity. Deputy chair Helen Rowell said APRA has held longstanding concerns about the ability of parties to gain control of RSEs via the "back door" without ...

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... their best interests duties to members, they should be prepared to face serious consequences," APRA deputy chair Helen Rowell warned. Rainmaker head of super research Jason Ross says it is not clear whether current laws allow APRA or ASIC to force funds ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... financial deterioration. It can also remove an auditor or an actuary and address certain financial risks. Deputy chair Helen Rowell said APRA could only previously direct a trustee after a contravention of the law had taken place, or where APRA believed ...

APRA warns trustees on expectations

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... trustees APRA has clearly outlined expectations following the Royal Commission. The letter, from APRA deputy chairwoman Helen Rowell, said that the Royal Commission was a pivotal point for the financial services sector - including the superannuation ...

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... underperformance and poor cooperation. But it is being held back by the long-awaited passage of a Bill. Deputy chair Helen Rowell told the Conference of Major Superannuation Funds (CMSF) yesterday that APRA has turned a new leaf following several issues ...

APRA, ASIC welcome Productivity Commission's superannuation report

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... powers to force superannuation funds to merge or wind up when it saw fit. The prudential regulator's deputy chair Helen Rowell said the superannuation industry posed challenges for all stakeholders - regulators included - but pointed to recent actions ...

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... benchmark and evaluate their performance in delivering sound, value-for-money outcomes to all members. APRA deputy chair Helen Rowell said: "These changes to the prudential framework set a higher bar for RSE licensees by requiring a robust assessment ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... further consider the allegations raised by APRA. After seeking to solve the issues over several years, APRA chair Helen Rowell said the regulator considered it necessary to take stronger action against IOOF. "APRA's efforts to resolve its concerns ...

Frydenberg boosts APRA funding

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
... its formal enforcement powers sparingly. During a Royal Commission hearing in August this year, APRA deputy chair Helen Rowell confirmed the prudential regulator had only once banned a person from being a responsible person in the last 10 years. In the ...