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Showing 81 - 90 of 1253 results for "Prudential"

Oaktree veteran jumps to Avari

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... single loans and portfolios and other special situations. The real estate specialist began his career at the Australian Prudential Regulation Authority before moving to Macquarie, where he was a senior analyst in the risk management group. Avari Capital ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... to asset values in the process. APRA has released the findings of its thematic review of trustees' implementation of Prudential Standard SPS 530 Investment Governance, which was updated in January 2023. The review involved assessing detailed responses ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... entered into by Insignia Financial, be subject to the approval of the Foreign Investment Review Board and the Australian Prudential Regulation Authority." The proposal is subject to several conditions, including satisfactory completion of due diligence ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
The government has provided clarity on the second tranche of the Delivering Better Financial Outcomes reforms, offering more detail around what's included and confirming the remit of its 'new class of adviser.' The second package of reforms is aimed ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... board. Further, Deloitte noted that Cbus' Fit and Proper Policy, which it designed to meet the requirements of Prudential Standard SPS 520, requires an annual declaration by board members that they: Have not been disqualified from acting as a trustee ...

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Australian Prudential Regulation Authority (APRA) released its quarterly superannuation performance publication and quarterly MySuper statistics report for the September quarter, showing superannuation assets have passed the $4 trillion mark. Total ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
The Australian Prudential Regulation Authority (APRA) will keep its current macroprudential policy settings steady following its regular review of domestic and international economic and financial conditions and risks. APRA's macroprudential policy ...

Link between super and banking major priority in 2025: APRA

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... CrowdStrike outage, which impacted millions of Windows systems globally, and said it was an example of why APRA's new prudential standard on operational risk management, CPS 230, coming into force in July next year. "Noting the difficulties some of our ...

New PGIM chief executive named

MATTHEW WAI  |  MONDAY, 11 NOV 2024
Prudential Financial has appointed a former Morgan Stanley Investment Management (MSIM) executive to lead its US$1.4 trillion global asset management business, PGIM. Effective 1 May 2025, Jacques Chappuis will lead PGIM as president and chief executive. ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... to ensure these conduct failures do not re-occur," ANZ chief executive Shayne Elliott said. Further, the Australian Prudential Regulation Authority (APRA) has also increased the capital penalty over ANZ's non-financial risk management practices. APRA ...