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Showing 771 - 780 of 1812 results for "Regulation 2014"

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 ...

No evidence that independence would boost performance: CIFR

MARK SMITH  |  WEDNESDAY, 16 MAR 2016
A Centre for International Finance and Regulation (CIFR) study has found little empirical evidence that independence would improve investment performance but suggests that independence is important in maintaining the legitimacy of the superannuation ...

FSC defends industry self-regulation

ALEX BURKE  |  WEDNESDAY, 9 MAR 2016
The FSC has said a life insurance code of conduct is "well underway" following the news that the issue will now be raised in the Senate's Scrutiny of Financial Advice inquiry. On March 8, Senator John Williams amended the inquiry to include a scrutiny ...

Fraser Review compounds board independence impasse

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
If no government is brave enough to mandate one-third independent directors on superannuation boards then funds should at least be accountable to members for their hires via an industry-wide governance code. This view is a key theme from responses to ...

New framework for in-house investing

DARREN SNYDER  |  MONDAY, 7 MAR 2016
The Centre for International Finance and Regulation (CIFR) has developed a framework for superannuation funds and other asset owners to implement in-house investment management. The framework is included in CIFR's latest research which argues members ...

Tail risk hedging works for industry fund

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Vision Super has reassured local councils the $7.5 billion fund has protected its defined benefit (DB) members from share market downturns thanks to a tail risk hedging strategy. Vision Super chief investment officer Michael Wyrsch said management of ...

Super hits $2 trillion

MARK SMITH  |  TUESDAY, 23 FEB 2016
The latest quarterly statistics from the Australian Prudential Regulation Authority (APRA) show that super assets increased 6.1% to $2.0 trillion in the 12 months to 31 December. Of this number, $1.26 trillion are APRA-regulated fund assets with the ...

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
Life insurance net profits have jumped 30.9% to $3.2 billion in the 12 months to December 2015, according to the latest figures released by the Australian Prudential Regulation Authority (APRA). Non-investment linked businesses contributed $2.3 billion ...

New super data adds more disclosure

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
The first wave of new superannuation data collected and distributed by the Australian Prudential Regulation Authority (APRA) can only add to debate around disclosure rules for super funds. APRA's annual superannuation bulletin now has data that includes ...

Investec buys stake in equity crowdfunding fintech

ALEX BURKE  |  TUESDAY, 9 FEB 2016
... capital intermediation, which is what Equitise does, fits this mandate." The Centre for International Finance and Regulation (CIFR) released a report in 2015 recommending equity crowdfunding be allowed in the country, proposing a $2 million total investment ...