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Showing 951 - 960 of 1614 results for "Prudent"

APRA to look into The New Daily

JAMES FERNYHOUGH  |  FRIDAY, 29 NOV 2013
Assistant Treasurer Arthur Sinodinos has said the Australian Prudential Regulation Authority will look into The New Daily on the grounds that it is a misuse of members' money. Speaking to Stuart Hocking on radio station 2UE, the Assistant Treasurer ...

SMEs to pay employees super contributions online

LAURA MILLAN  |  THURSDAY, 21 NOV 2013
Small and medium sized businesses will be able to use the Commonwealth Bank MySuper product online administration to pay employee superannuation contributions. Commonwealth Essential Super, the bank's MySuper product, is available online via NetBank ...

Group insurance faces 'perfect storm'

JAMES FERNYHOUGH  |  THURSDAY, 21 NOV 2013
The current travails of the group insurance market may be just the beginning, with a "major blow-up" potentially around the corner, according to WA Super's general manager, client services, Paul Owen. "I've heard the words 'perfect storm' bandied around ...

Insurance profit falls 25% in 2013

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
Insurance companies' results for the twelve months to September 30, 2013, reflect the struggle that the industry is going through at the moment, with a 26.5% fall in net profit after tax in the last 12 months. The net profit after tax stood at $2.2 ...

MLC named as insurer for Qantas's MySuper product

JAMES FERNYHOUGH  |  TUESDAY, 19 NOV 2013
Corporate super fund Qantas Super has appointed MLC as its group insurer following a "comprehensive review of the fund's insurance arrangements". Since 2011, Qantas has offered its members voluntary insurance through MLC. However, the new partnership ...

Should super have its own regulator?

JAMES FERNYHOUGH  |  MONDAY, 18 NOV 2013
The superannuation sector could benefit from having its own exclusive regulator, according to Challenger's director of retirement Income Jeremy Cooper. Speaking at the Association of Superannuation Funds of Australia (ASFA) annual conference in Perth ...

APRA voices concern over super in-house investment

JAMES FERNYHOUGH  |  THURSDAY, 14 NOV 2013
The Australian Prudential Regulation Authority (APRA) has expressed concern over the tendency for superannuation funds to bring investment management operations in house. Speaking at the Association of Superannuation Funds of Australia (ASFA) 2013 National ...

The New Daily to avoid political bias: Weaven

JAMES FERNYHOUGH  |  WEDNESDAY, 13 NOV 2013
The New Daily will avoid taking a political line, according to Garry Weaven, the chair of the new, industry super fund-owned publication The New Daily, which was launched today. Weaven told Financial Standard that he and Bruce Guthrie had to assure ...

Funds explore hidden benefits of APRA reporting standards

JAMES FERNYHOUGH  |  MONDAY, 11 NOV 2013
Super funds will be "missing a trick" if they fail to make the most of data gathered to meet the new reporting standards of the Australian Prudential Regulation Authority (APRA), according to Rhys Octigan, regional head of business at DST Global Solutions. ...

Electronic reports signify Stronger Super milestone

MARK SMITH  |  MONDAY, 11 NOV 2013
Forty seven superannuation funds representing over 4 million members have for the first time lodged electronic reports to the Australian Prudential Regulation Authority (APRA) as part of the new standards outlined in the Stronger Super reforms, marking ...