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

Search Results

Showing 711 - 720 of 1255 results for "Prudential"

Challenger reports record annuities sales

JAMES FERNYHOUGH  |  TUESDAY, 18 FEB 2014
... equities. Challenger reported it had $1.13 billion in capital reserves, which it said was more than enough to meet the prudential regulator's requirements. Looking forward, Benari focused on the government's planned review of retirement income, including ...

APRA to scrutinise group insurance risk

JAMES FERNYHOUGH  |  WEDNESDAY, 12 FEB 2014
... insurance risk management will be top of the agenda in a number of thematic reviews to be carried out by the Australian Prudential Regulation Authority (APRA), according to the regulator's general manager Greg Brunner. Speaking at the Australian Custodial ...

FSC slams 'closed shop' super awards rules

JAMES FERNYHOUGH  |  TUESDAY, 11 FEB 2014
... John Brogden said there was no need to keep the old system. "MySuper funds are approved in a detailed process by the prudential regulator, APRA. The role of the Fair Work Commission is a duplication of an existing process by the appropriate body," Brogden ...

ISA pushes for full transparency

JAMES FERNYHOUGH  |  MONDAY, 3 FEB 2014
... allocation, according to Industry Super Australia (ISA) chief executive David Whiteley. In a submission to the Australian Prudential Regulation Authority (APRA), ISA, which represents a handful of large and medium-sized industry funds, has said it wholly ...

Government must recycle brownfield infra: FSC

JAMES FERNYHOUGH  |  TUESDAY, 28 JAN 2014
... that consolidation would happen organically, but added that it "could be accelerated by APRA as the superannuation prudential regulator." FSC chief executive John Brogden said increased superannuation investment in infrastructure would benefit everyone ...

Men continue to dominate super fund boards

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
... funds, with just one fifth of trustee positions being held by women, according to statistics released by the Australian Prudential Regulation Authority (APRA). The APRA statistics reveal that the number of women on superannuation fund boards has risen ...

FSC questions pertinence of APRA super stats

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
The Financial Services Council (FSC) has questioned the pertinence of figures released by the Australian Prudential Regulation Authority (APRA) last week that show the investment returns of not-for-profit superannuation consistently outperforming those ...

APRA issues warning on group risk

ALEX DUNNIN  |  MONDAY, 13 JAN 2014
Insurance regulator the Australian Prudential Regulation Authority (APRA) has issued a warning that while the overall life insurance is in reasonable financial shape, sustained pressure on the group risk sector is becoming a strategic threat that insurers ...

SPAA defends status quo on SMSF regulation

JAMES FERNYHOUGH  |  TUESDAY, 10 DEC 2013
... Slattery. Slattery's comments came in response to a recent survey in which around 75% of people working in the Australian Prudential Regulation Authority (APRA) regulated superannuation sector said, firstly, that all superannuation should be regulated ...

APRA issues draft group insurance PPG

ALEX DUNNIN  |  TUESDAY, 10 DEC 2013
APRA has written to life insurance chief executives announcing a new draft Prudential Practice Guide (PPG) for how they should handle operational and business issues and risks surrounding group insurance sold to super funds. The regulator said the PPG ...