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Showing 61 - 70 of 100 results for "CPS"

Industry fund appoints chair

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... management, Janet has played a large role over recent years in driving significant enhancements to the governance structure of CPS through her work on our Risk and Audit, Remuneration and Investment Committees," he said. Since 2015, Whan has brought ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
The Federal Government has announced changes to deeming rates, a move welcomed by over 600,000 age pensioners. The Department of Human Services (DHS) will backdate deeming rates from 1 July 2019. The lower deemed rate will drop from 1.75% to 1%, while ...

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... security guidelines for the first time since 2013 and financial services entities are under pressure to prevent cyber-crime. The CPS 234 Information Security standard means that relevant entities need to have adequate measures in place to protect customer ...

APRA consults to combat cyber attacks

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... security in the financial services industry. He said: "Due to the urgency of the threat, APRA fast-tracked the implementation of CPS 234. This updated guide will assist industry to implement the requirements of the standard, recognising that not every ...

APRA beefs up cybersecurity standards

HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
... standard, and expects all regulated entities to meet its requirements by 1 July next year." Summerhayes said that by introducing CPS 234, the prudential regulator was aiming to ensure all regulated entities develop and maintain information security capabilities ...

Baby boomers receive $259 million, pension work bonus lifted

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
Working baby boomers who also receive age pensions will now be able to earn up to $300 a fortnight before the Government starts to trim their pension payments. The 2018 Budget initiative formed part of Treasurer Scott Morrison's $258.6 million baby ...

Industry welcomes pensioners' dividend tax policy exemption: Poll

KARREN VERGARA  |  TUESDAY, 3 APR 2018
The Labor Party's move to protect aged pensioners from its proposed excess dividend imputation credit reform is welcomed by the majority of the industry, Financial Standard's latest spot poll shows. Prior to shadow treasurer Chris Bowen announcing pensioners ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
The Labor Party's proposed dividend imputation reforms has received backlash from numerous industry heavyweights believing it will have unintended and negative implications on retirees. Shadow treasurer Chris Bowen proposed to eliminate the cash rebate ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
IAG has reported a 14.1% fall in profit as the insurer juggles the impact of lower returns and adverse weather events. IAG reported its FY16 net profit after tax of $625 million down from $728 million in 2015. A loss the group attributes to "a significantly ...

CSC announces three new directors

DARREN SNYDER  |  MONDAY, 4 JUL 2016
The Commonwealth Superannuation Corporation board is working with three new non-executive directors this week following the term expiry of directors John McCullagh, Michael Vertigan and Peter Feltham. CSC chair Patricia Cross said beginning 1 July 2016 ...