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Showing 71 - 80 of 634 results for "Australian Prudential"

VFMC chief joins ING board

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... analyst at National Mutual. ING's board is chaired by John Laker, who spent a decade as the chair of the Australian Prudential Regulation Authority (APRA). Other non-executive directors on its board include: Amanda Lacaze (chief executive of Lynas Corporation) ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
The Australian Prudential Regulation Authority and the Australian Competition and Consumer Commission have signed an updated memorandum of understanding in a bid to increase information sharing, coordination, and cooperation between the two regulators. ...

ASIC delivers thinly veiled warning

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... not well-capitalised, not protected by the Government's Financial Claims Scheme, and not supervised by the Australian Prudential Regulation Authority (APRA)," the regulator said. "Some are also backed by concentrated portfolios of higher risk unlisted ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... already compliant with laws regulated by the Australian Securities and Investment Commission (ASIC) and the Australian Prudential Regulatory Authority (APRA)," the fund said. "With this issue now resolved, QSuper is looking forward to working constructively ...

Court restricts Mayfair advertising

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... any of the companies in the Mayfair 101 Group. Therefore, the Mayfair 101 Group is not regulated by the Australian Prudential Regulation Authority (APRA) and investment in its products is not covered by the Australian Government's Financial Claims Scheme ...

Regulators praise super law reform

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have jointly welcomed the proposed legislative reforms increasing the role of ASIC in the superannuation industry. The proposed changes ...

Calls for disability insurance reform

ELIZA BAVIN  |  MONDAY, 10 FEB 2020
... pre-disability take-home pay. A high replacement ratio can be a disincentive to returning to work." In December, the Australian Prudential Regulation Authority said that life companies collectively lost around $3.4 billion over the past five years through ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
The Australian Prudential Regulation Authority released its look-back at 2019, making special mention of tough times for the life insurance industry and questioning its sustainability. "Australia's life insurance sector faced deteriorating conditions ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
The Australian Prudential Regulation Authority has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance. The regulator announced a series of measures, including ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... reasonable basis to exclude from advice consideration any of the 12 retail life insurers regulated by the Australian Prudential Regulation Authority. "Heavily restricted life insurance APLs are still the norm and not even heat from the recent Financial ...