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Showing 911 - 920 of 1255 results for "Prudential"

Insurance industry prepared for black swan flock

MATT WOODINGTON  |  WEDNESDAY, 14 SEP 2011
... capitalised, said Venning and therefore able to cope with further losses in this part of the world. "We have a strong prudential regime around capital adequacy to ensure that insurance companies have the ability to pay claims, so I think we're in very ...

APRA drafts new super guidelines

ELISE BURGESS  |  TUESDAY, 13 SEP 2011
... facing changes after the regulator released two new draft guidelines on the legislative requirements. The Australian Prudential Regulation Authority (APRA) has released two draft Superannuation Prudential Practice Guides (SPGs) to replace existing APRA ...

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... payments and market losses caused almost $24 billion of contributions to go unrewarded. According to the Australian Prudential Regulation Authority (APRA), Industry funds suffered a 2.9% drop in assets during the three months, down $7.6 billion to $249.7 ...

Trio directors accept APRA suspension

ELISE BURGESS  |  FRIDAY, 9 SEP 2011
... differently and regret their actions, with the regulator accepting an enforceable undertaking from the pair. The Australian Prudential Regulation Authority (APRA) accepted the enforceable undertakings (EU) from the former Trio director's yesterday and ...

Smaller lenders to take brunt of Basel III reforms

MATT WOODINGTON  |  THURSDAY, 8 SEP 2011
... building societies are likely to be hardest hit by the Basel III capital reforms, said PwC, following the Australian Prudential Regulation Authority's release of a discussion paper on the subject. APRA issued the consultation document outlining its proposed ...

Life insurance revenue down 13.9%

ELISE BURGESS  |  WEDNESDAY, 7 SEP 2011
... NPAT for the year was $2.76 billion, down 13.9% compared to last year's annual result of $3.2 billion. The Australian Prudential Regulation Authority (APRA) report attributed investment revenue of $18.7 billion as the principle source for total revenue. ...

IFM hits back at claims it plays politics with super fund money

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... net average return for its infrastructure fund over the past 16 years. The opposition has called for the Australian Prudential Regulation Authority to investigate whether industry super funds were using members' money to politically support the Federal ...

ANZ shows increased profit and deposit growth

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... owner-occupier mortgages on its books and $43.2 billion of residential investment mortgages according to the Australian Prudential Regulatory Authority's June banking statistics. It had $71.5 billion worth of household deposits registered in the same ...

Trio chair ban and Richard jailed

ELISE BURGESS  |  FRIDAY, 12 AUG 2011
... protected custody and an additional 15 month good behaviour bond. Additionally, over the past five weeks the Australian Prudential Regulation Authority accepted EU's from former Trio directors Rex Phillpott and Natasha Beck.

Hidden threat may lurk on bank balance sheets

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
... holiday from the endless consecutive rises enjoyed before the global financial crisis. According to the Australian Prudential Regulation Authority's (APRA) monthly banking statistics for May, the Big Four banks had $262.7 billion in investment housing ...