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Showing 751 - 760 of 1613 results for "Prudent"

APRA counts life insurance losses

KERRIE SYDEE  |  FRIDAY, 29 APR 2016
APRA has released its submission to the Senate Economics Committee on the inquiry into the scrutiny of financial advice - life insurance, claiming that the profitability of the sector is under strain. The submission argued that weak profitability has ...

EQT managing director departs

ALEX BURKE  |  THURSDAY, 28 APR 2016
Equity Trustees' managing director has announced his resignation. Robin Burns joined EQT in 2010, having previously been chief executive of Equipsuper. Prior to that, he was general manager - corporate affairs at AXA Asia Pacific, chief executive - ...

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
... $1.45 billion hedge fund portfolio, recommending that liquidation take place "as soon as practicable, in an orderly and prudent manner." Though CalPERS has been divesting $4 billion in hedge fund assets since the end of 2014, it still holds some 20% ...

Divestment integral for better returns

KERRIE SYDEE  |  THURSDAY, 14 APR 2016
Australian investors should be questioning their investments in fossil fuel stocks following the collapse of Peabody, according to Market Forces. The financial activist group said the long-expected bankruptcy of Peabody should serve as a "cautionary ...

APRA releases report on Trio investigation

KERRIE SYDEE  |  MONDAY, 11 APR 2016
The Australian Prudential Authority (APRA) has released its report on its investigation into the failure of Trio Capital Limited (Trio) and loss of up to $150m. The investigation resulted in the removal of 13 former Trio directors from the superannuation ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
Prime Minister Malcolm Turnbull has defended industry regulators in the wake of Opposition Leader Bill Shorten's call for a Royal Commission in to the banking and financial services sector. At a doorstop interview in Sydney yesterday, Turnbull said ...

Super fund outflow ratios cause for concern

DARREN SNYDER  |  WEDNESDAY, 6 APR 2016
Superannuation funds have been warned about net cash outflow ratios trending upwards as an issue that may impact their future viability. Speaking at the Banking and Wealth Summit in Sydney yesterday, Australian Prudential Regulation Authority (APRA) ...

Equip appoints new board members

DARREN SNYDER  |  FRIDAY, 1 APR 2016
Equip has announced the appointment of three new board members after the industry superannuation fund recently held its member and employer director elections. Joining the Equip board are AGL manager group employee relations Michael Clinch, and Cleantech ...

Super governance at top of APRA agenda

MARK SMITH  |  MONDAY, 21 MAR 2016
The Australian Prudential Regulation Authority has highlighted three superannuation governance issues it will prioritise in its regulatory agenda for 2016. The first of these issues is what the regulator called "the robustness of strategic and business ...

New insurance industry guidance on its way

DARREN SNYDER  |  THURSDAY, 17 MAR 2016
Superannuation trustees will soon be able to access a document that provides all the information required to fully and better understand their fund's insurance business. Speaking at the Conference of Major Superannuation Funds yesterday, Industry Funds ...