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Showing 71 - 80 of 96 results for "RSE licensee"

Insurance in super must be maintained: AIA

JAMIE WILLIAMSON  |  WEDNESDAY, 21 DEC 2016
... ensure group insurance remains available to all Australians, including a Code of Practice to heighten super fund and RSE licensee responsibilities. ISWG will release discussion papers on strategies to improve consumer outcomes in group insurance in superannuation ...

Super fund disclosure gets extension

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
Superannuation funds have been given an extra year to bring themselves up to speed with proposed portfolio holdings disclosure and choice product dashboard requirements. The Australian Securities and Investments Commission (ASIC) said the new start ...

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... require at least one independent director to be appointed to the BAC and BRC, beyond this, it should be up to each RSE licensee to decide how best to structure their committees," Vamos said. "We do not support the requirement that the chair of the BAC ...

Super industry views sought on data collection

DARREN SNYDER  |  TUESDAY, 7 APR 2015
Industry representatives are encouraged to comment on changes to new superannuation reporting requirements proposed for the Australian Bureau of Statistics. The Australian Prudential Regulation Authority (APRA) published a recent ABS letter regarding ...

APRA relaxes 'select' option data rules

ALEX DUNNIN  |  MONDAY, 19 JAN 2015
The Australian Prudential Regulation Authority (APRA) has reacted to industry pressure and watered down the data reporting requirements for super funds regarding 'select' investment options. Select investment options are non-MySuper investment options. ...

APRA releases group insurance best practice guide

JAMES FERNYHOUGH  |  THURSDAY, 30 OCT 2014
... process, it provides guidance on claims philosophy, sustainability, service agreements, outsourcing, monitoring the RSE licensee and other relationships, and responding to a tender. APRA said of the guide: "The release of LPG 270 is part of a suite of ...

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
... upon APRA's existing fraud risk guidance." Illustrating this, the APRA consultation paper notes, "Under SPS 220, an RSE licensee is responsible for ensuring that its risk management framework covers all material risks to its business operations, both ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
The Australian Prudential Regulation Authority (APRA) will treat MySuper product data as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if ...

APRA delays new data collections implementation

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
APRA has announced it is delaying the implementation timetable for the new superannuation data collections and reopening consultations on the more contentious aspects of the data requirements. News of the delay and new consultations will be welcomed ...

Men continue to dominate super fund boards

JAMES FERNYHOUGH  |  WEDNESDAY, 15 JAN 2014
... likely to change soon, with the government pushing to introduce a one-third quota of independent directors on all RSE licensee boards.