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Showing 1 - 10 of 2209 results for "APRA"

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... acquisition, Equity Trustees announced its intention to exit the AET platform business and outsource the administration of the Small APRA Funds (SAFs) business - a portfolio of more than 400 funds and $600 million of assets. The transition of the SAF ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... the fitness and propriety of its board directors, and its expenditure management processes. Having confirmed on Friday that APRA had received the resulting report, Cbus released Deloitte's findings to the public yesterday. In all, Deloitte has made ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... announced three new directors has been confirmed onto the board. One of which was former Maritime Super chair Paddy Crumlin. APRA took issue with the appointments and requested a copy of a report put together by Deloitte looking into the issue. "He [Crumlin] ...

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 ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
APRA deputy chair Margaret Cole and ASIC deputy chair Sarah Court have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime (FAR) before it takes effect next year. The FAR commenced for ...

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 ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... driving consistency and transparency around super fund investments in the private market. "We have an ongoing dialogue with APRA's work around the valuation of unlisted assets held by super funds," Constant said. "Currently, APRA-regulated super funds ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... meet their needs and help them make the most of their super," Chalmers said. Additionally, the government has asked ASIC and APRA to prepare a new pulse check report by the end of 2025 to assess trustees' progress under the Retirement Income Covenant. ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... 'fit and proper persons test' as part of the ongoing independent review being conducted by Deloitte at the direction of APRA. The findings of the review are likely to be published before the end of the year. Under Commonwealth law, directors ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... HESTA has agreed to make payments to two cohorts of members impacted by valuation decisions made by the fund in March 2020. APRA said in March 2020, HESTA made downwards adjustments to five single sector Choice options invested in unlisted assets but ...
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