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Showing 861 - 870 of 1255 results for "Prudential"

FSC super governance policy forces independence

BEN COLLINS  |  MONDAY, 27 AUG 2012
... environmental, social and governance (ESG) risk management policy. None of these requirements were included in APRA's proposed prudential standards for superannuation, which the FSC's policy builds upon. FSC members now have two months to provide feedback ...

Super FUM hits $1.4 trillion

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
... defying lack lustre returns of 0.5%, to reach $1.4 trillion, according figures just released by the superannuation prudential regulator APRA. Industry funds grew the fastest, up 6.1% through the year to $266 billion. Behind them was the government fund ...

Think big on scale, ORFR: APRA

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
... said he has also faced concern from smaller funds on the issue of the scale test, which has been misunderstood. The prudential requirements concerning scale again need the big picture perspective regarding long-term concern and the beneficiaries' best ...

APRA tweaks insurance in super

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
... planned for the risk that the terms and conditions of cover provided by a general insurer might not continue. The draft prudential standards additionally identified a major risk for both insurers and super funds stemming from poor data quality and put ...

Life readies for new cap increases

BEN COLLINS  |  FRIDAY, 17 AUG 2012
... Insurance Capital (LAGIC) reforms, increasing their capital reserves. Challenger yesterday revealed that the Australian Prudential Regulation Authority (APRA) had proposed transition arrangements to its life business, for the new capital requirements ...

Super governance Bill passes amid cries of favouritism

BEN COLLINS, MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
... super funds. This comes on the back of legislation passing through Parliament last night, which gives the Australian Prudential Regulation Authority (APRA) the same powers over superannuation funds that it has over banks and insurance companies. Passed ...

ASX flags concerns over losing single operator status

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
... comprise of the Treasury, the Reserve Bank of Australia, Australian Securities & Investment Commission and Australian Prudential Regulation Authority are currently reviewing the submission on this issue.

Swan talks up bank reforms for competition

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
... ordered by Peter Costello in 1996, was a wholesale review of the industry that resulted in the creation of the Australian Prudential Regulation Authority.

MySuper Bill could expose individual trustees to legal action

BEN COLLINS  |  MONDAY, 13 AUG 2012
... Industry Super Network (ISN) have flagged issues in the Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012. The Bill would amend the duties of licensees and trustees that offer a MySuper product, providing more ...

Mercer: Stronger Super adds pressure on funds

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
... fallen from 4,000 in 1996 to approximately 50 today. The introduction of the Stronger Super reforms means the Australian Prudential Regulatory Authority (APRA) will require corporate super funds to meet the same stringent standards faced by banking and ...