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Showing 841 - 850 of 1826 results for "APRA."

Waiting periods cost 214% on premiums: Research

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
Premiums on income protection can be up to 214% higher if a member is defaulted into a shorter waiting period, research presented at the Challenger Financial Standard Technical Services Forum shows. Presenting at the forum yesterday, Rainmaker head ...

Rapid pace of regulatory change to continue

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
APRA's executive general manager Suzanne Smith said superannuation funds should expect the pace of regulatory change to continue into 2020 as she addressed the 2019 ASFA conference in Melbourne. Using her speech to reflect on the changes experienced ...

IOOF completes licence conditions

ELIZABETH MCARTHUR  |  FRIDAY, 15 NOV 2019
IOOF provided an update to investors on the state of its licence conditions imposed by APRA in December 2018. The independent reviewer charged with assessing the status of compliance with the licence conditions identified 43 actionable items were required ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
APRA's superannuation heat map will not feature any means for demonstrating high performance across any of the system's metrics, the regulator has revealed. APRA outlined its superannuation heat map at the 2019 ASFA Conference in Melbourne this ...

High claims acceptance among insurers: Report

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
APRA and ASIC data has shown that 94% of life insurance claims from the major insurers were accepted over the year to June 2019, though with significance variance between cover types. The regulators have come together to publish data on life insurance ...

Superannuation expert joins law firm

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
A Sydney firm that provides compliance support to financial advisers has hired a former APRA and Colonial Financial Planning professional as its special counsel for superannuation. Maria Siu is joining SUPERCentral, and will also work with its legal ...

Retail funds shrink unlisted assets

KANIKA SOOD  |  MONDAY, 11 NOV 2019
Superannuation funds now have close to $240 billion in unlisted assets, but retail funds have a smaller proportion of their assets allocated to them than five years ago. The lion's share of the unlisted assets (such as infrastructure, private equity ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
APRA is embarking on a multi-year project to improve the quality of its superannuation data collection that will pave the way for the proper comparison of super products, with choice super set to come under increased scrutiny. Known as APRA's Superannuation ...

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
Vanguard's Robin Bowerman says the investment giant's planned superannuation offering will have a place for financial advisers and won't be a strictly direct-to-investor product. "We are at the start of a journey of entering the superannuation ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...