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Showing 81 - 90 of 539 results for "Supervision"

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... will conduct a "deep dive review" of funds' exposures to unlisted assets later this year. Combining its policy and supervision priorities for the first time to give regulated entities a better idea of what to expect in the year ahead, APRA said it is ...

Equity Trustees adds more super fund clients

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... them by overseeing the management of products and funds for nearly 800,000 members with around $59.8bn of funds under supervision," Equity Trustees general manager client and strategic planning David Warren explains. ​"We see it as a testament to the ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... APRA expects this volatility to decrease moving forward and has committed to continuous monitoring through its normal supervision processes to ensure these expectations are met. Survey responses also suggested "minimal progress" regarding the availability ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
... remediation program. According to the regulator, Gold Corporation is obligated to carry out the remediation program under supervision from AUSTRAC and an independent third-party expert. The remediation is expected to conclude by April 2025. Further ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... as part of that. That's how we frame the regulation that we've got," he said. "We have hard coded into our supervision model proportionality. So, if you're big, you will have more regulation than if you're little, if you do something ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... rollover super benefits in the required timeframe because of systems issues. This violates Superannuation Industry (Supervision) Regulations 1994, which require trustees to process rollovers between three and 30 days after receipt of instructions. Some ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2023
... competitive investment returns all while satisfying the Sole Purpose Test as required by the Superannuation Industry (Supervision) Act. "ESG and sustainability principles are a rapidly evolving part of Australia's superannuation landscape with ever-increasing ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... remain in the industry. "This means that new entrants will have the benefit of their experience through mentoring and supervision, and more Australians will have access to financial advice," he said. The bill also houses two unrelated pieces of legislation. ...

SuperConcepts to take over AET platforms clients

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... million, up 19.4%, and a 26.8% increase in revenues to $141 million. Its funds under management, administration and supervision also rose in the year, up 7.5% to $160 billion.

ASIC renews leadership team

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
The corporate regulator has made several executive changes within its enforcement and compliance, regulation and supervision and markets group teams. ASIC's current senior executive leader, investigations Chris Rowe has been promoted to the role of ...