|Search Results||Showing 1 - 10 of 22 results for "CPS 226"|
|APRA chair Helen Rowell used her speech at an Australian Institute of Company Directors breakfast to push the ongoing need for accountability in financial services and said APRA plans to push ahead with its draft remuneration plan despite harsh criticism. ...|
|Super funds and life insurers have two weeks to air their opinions on APRA's proposed amendments to its margin requirements for non-centrally cleared derivatives. Consultation has opened for APRA-regulated entities to consult with the prudential regulator ...|
|APRA is introducing a new remuneration prudential standard for its regulated entities on the back of the Hayne Royal Commission's final recommendations. Draft prudential standard CPS 511 Remuneration is open for consultation until October 22. Chief ...|
|A $2.7 billion industry superannuation has welcomed a new chair, as well as a deputy chair. Janet Torney has been appointed chair of Club Plus Super, while Steve Whan is the new deputy chair. Torney takes over from Tara Moriarty , who stepped down after ...|
|APRA's new enforcement approach to cyber security may mean financial services firms have to conduct fire drills - where fake viruses or phishing attacks are deliberately spread in their systems - to work out the strength of their systems. APRA released ...|
|APRA has invited submissions from all APRA-regulated entities on how the financial services industry can improve information security and protect itself from cyber-crime. The regulatory authority has not updated its information security guidelines since ...|
|The resilience of APRA-regulated entities to cyberattacks is set to increase, after the release of the regulator's new information security standard. On Wednesday the regulator released the final version of its prudential standard focused on information ...|
|IAG has reported a 14.1% fall in profit as the insurer juggles the impact of lower returns and adverse weather events. IAG reported its FY16 net profit after tax of $625 million down from $728 million in 2015. A loss the group attributes to "a significantly ...|
|Naos Asset Management has lodged its prospectus to the ASX to IPO its second listed investment company (LIC), the Naos Absolute Opportunities Company. Naos hopes to raise $50 million by the end of October from private investors, institutional funds ...|
|Multi-asset investment manager Select Investment Partners has appointed Matt Olsen as its new head of research. Olsen comes straight from van Eyk Research, where he was deputy chief investment officer and head of manager research. Prior to that he worked ...|
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Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
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Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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