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|Showing 1 - 10 of 42 results for "Geoff Summerhayes"|
|... insurance industry," he said. Cole will take up her new role on 1 July 2021 for a five-year term, replacing Geoff Summerhayes whose five-year term expired on 31 December 2020.|
|... happen if life companies continue to haemorrhage money through the sale of IDII," APRA executive board member Geoff Summerhayes said. "Our assessment is that the pandemic may further exacerbate the problems with this product, so decisive action can no ...|
|... around $3.4 billion over the past five years through the sale of DII to individuals. APRA executive board member Geoff Summerhayes, at the time, said life companies had kept premiums at unsustainably low levels and policy features were too generous.|
|... consistency, reliability, comparability and timeliness. APRA welcomed the new guide with executive board member Geoff Summerhayes labeling it as a valuable took that will support ASX listed entities, and others, in their management and public disclosure ...|
|... major reinsurer indicating it was no longer prepared to reinsure individual DII, APRA executive board member Geoff Summerhayes said there is now a genuine risk insurers may start withdrawing from the market. "Disability income insurance plays a vital ...|
|... imposed $500 million additional capital requirements on each of ANZ, NAB and Westpac. APRA executive board member Geoff Summerhayes said the self-assessments proved the issues in CBA's risk governance work were not only common among Australia's banks ...|
|... the issue, APRA chair Wayne Byers - appearing by phone from Sydney alongside deputy chair Helen Rowell, member Geoff Summerhayes and general counsel Warren Scott - said several recent reviews had asked more from the regulator, stretching its resources. ...|
|... publishing higher-quality, more consistent and transparent life insurance data. APRA executive board member Geoff Summerhayes said the regulator's joint work represented their commitment to industry transparency. "This project represents a joint ...|
|... acknowledging much has changed since then, is now consulting the industry on the matter. APRA executive board member Geoff Summerhayes said: "Australia's banks, insurers and superannuation funds are major targets of cyber-crime, and the risk is accelerating ...|
|... extensively with industry, which led to the publication of the standard's final form. APRA executive board member Geoff Summerhayes said cyberattacks on Australia's financial services companies are becoming more sophisticated with time. "A significant ...|
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Senator Jane Hume is allowing candidates who have failed the Financial Adviser Standards and Ethics Authority (FASEA) exam twice to re-sit it in 2022.
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The industry fund has appointed a general manager of brand and marketing.
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The government has passed legislation that will see the establishment of an independent body that will review the effectiveness of both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA).
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Westpac has decided to retain its New Zealand business after reviewing the feasibility of the 160-year-old division and the impact of increased capital requirements.
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