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Showing 951 - 960 of 1255 results for "Prudential"

Trustees warned as APRA toughens guidances

ALEX DUNNIN  |  WEDNESDAY, 11 AUG 2010
With the ink hardly dry on the Cooper Report's recommendations for a Trustee Code of Practice, the prudential regulator APRA has released revised trustee guidances on capital structures, risk management, resources adequacy and trustee fitness. Following ...

MySuper gets Government tick

RUTH LIEW  |  MONDAY, 2 AUG 2010
... money" or be stripped of their licence by the regulator. Trustees will have to apply for a licence from the Australian Prudential Regulation Authority to operate the MySuper fund. "The MySuper reforms are part of the Gillard Labor Government's plan for ...

APRA proposals could deter overseas firms: AXA

MICHAEL HOBBS AND RUTH LIEW  |  FRIDAY, 23 JUL 2010
AXA Asia Pacific chief executive, Andrew Penn, has warned regulatory proposals from the Australian Prudential Regulation Authority (APRA) could stifle Australia's potential to become a regional financial hub. Speaking at the American Chamber of Commerce ...

Infrastructure mandates tough for super funds

RUTH LIEW  |  THURSDAY, 22 JUL 2010
... stated governments should not seek to direct trustees to invest in particular assets or asset classes, unless there were prudential or regulatory reasons for the decision, regardless of how much it might seem in the national interest to do so. "Given ...

AIA to list, names new chief

PRESS RELEASES  |  TUESDAY, 20 JUL 2010
... pushes ahead with the IPO of its Asian life subsidiary, American International Assurance (AIA), and names a former Prudential chief executive as the division's new head. AIA will list on the Hong Kong Stock Exchange subject to regulatory approvals and ...

Olive branch for SMSF art investors

MEDIA RELEASE  |  TUESDAY, 6 JUL 2010
... Review, said self-managed super funds looking to hold art need to restructure their fund to a Small APRA (Australian Prudential Regulatory Authority) Fund by appointing an independent professional trustee to act as trustee of these funds. This method ...

Legalsuper attracts record inflows

MICHAEL HOBBS  |  TUESDAY, 6 JUL 2010
... contributions flowing to legalsuper increased by 159 per cent in the past five financial years. In contrast, Australian Prudential Regulation Authority (APRA) data of total annual non-employer contributions over the entire industry rose 5 per cent in ...

Cooper recommends info dashboard for members

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
... System Review has honed in on improving transparency in superannuation. The review panel has recommended Australian Prudential Regulation Authority (APRA) develop reporting outcomes that can be overlayed with existing accounting standards to allow members ...

TFN should be member ID: Cooper

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
... where employers can register the tax status of a new employees in lieu of completing the TFN documents. The Australian Prudential Regulation Authority (APRA) should create a stakeholder group that includes the ATO, employers, payroll providers and super ...

APRA dictates investment option labels

MICHAEL HOBBS  |  WEDNESDAY, 30 JUN 2010
The prudential regulator has drawn a line in the sand on how super fund investment options are to be labelled and announced it will introduce risk-based criterion for how diversified investment options will in the future be categorised. The move kills ...