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Showing 741 - 750 of 1255 results for "Prudential"

Industry funds and corporates must talk more: Sherry

JAMES FERNYHOUGH  |  TUESDAY, 22 OCT 2013
... because at the end of the day, in DB the employer meets the promise, in DC the trustees are responsible." Increased prudential standards has further increased the responsibility on trustees, while new reporting and disclosure requirements, he said, would ...

Former Trio director provides enforceable undertaking

JAMES FERNYHOUGH  |  FRIDAY, 18 OCT 2013
A former director of Trio Capital, Kurt Groeneveld has provided the prudential regulator with an enforceable undertaking excluding him from acting as a superannuation trustee for three and a half years. The Australian Prudential Regulation Authority ...

MySuper authorisations creep up to 78

ALEX DUNNIN  |  FRIDAY, 18 OCT 2013
... MySuper products, there are only 78 funds MySuper authorised. According to figures from the regulator, the Australian Prudential Regulation Authority (APRA), not-for-profit funds dominate the MySuper authorised list with 60 funds so authorised including ...

Sunsuper launches MySuper fund

MARK SMITH  |  THURSDAY, 17 OCT 2013
... authorized MySuper product. While 79 funds have so far had their MySuper products rubber-stamped by the Australian Prudential Regulation Authority (APRA), only a handful have rolled theirs out to members. MySuper is designed to offer protect consumers ...

Get longevity risk right on DLAs, warns APRA

JAMES FERNYHOUGH  |  THURSDAY, 10 OCT 2013
... demonstrate that they have rigorously factored in longevity risk, according to Ian Laughlin, deputy chair of the Australian Prudential Regulation Authority (APRA). Speaking at an event in Sydney yesterday, Laughlin said that APRA will pay close attention ...

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
... preferably through development of regulations which apply to both." He also recommended the amendment of Australian Prudential Regulation Authority (APRA) prudential standards applying to minimum surrender values of pension and annuity products "to reflect ...

Industry funds ask for specialised SMSF adviser training

LAURA MILLAN  |  THURSDAY, 3 OCT 2013
... advice to undertake a different and more specialised training than those who advice on funds regulated by the Australian Prudential Regulation Authority (APRA). The Australian Institute of Superannuation Trustees (AIST) and the Industry Super Association ...

IOOF gets MySuper license

LAURA MILLAN  |  TUESDAY, 1 OCT 2013
IOOF has received its MySuper license approval from the Australian Prudential Regulation Authority (APRA). IOOF will start to offer the MySuper default option from January 1, 2014 and it will replace existing default products. "IOOF MySuper offers members ...

Australian Ethical MySuper option approved

MARK SMITH  |  FRIDAY, 27 SEP 2013
Australian Ethical has been granted approval for its MySuper product by the Australian Prudential Regulation Authority (APRA). The fund, which becomes the 74th to gain APRA approval, will use its existing Balanced fund as its MySuper option. It will ...

Brogden questions ASIC and APRA roles

LAURA MILLAN  |  TUESDAY, 24 SEP 2013
... duplication has emerged on the model featuring the Australian Securities and Investments Commission (ASIC) and the Australian Prudential and Regulation Authority (APRA). "There needs to be a clear demarcation between policy creation by Treasury and regulation ...