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Showing 1 - 10 of 121 results for "Lonsdale"

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... risk-weighted assets; and no limits on lending or constraints on capital distributions are being introduced. APRA chair John Lonsdale said the risk of financial shocks had persisted over the past year however the sources of economic uncertainty had shifted. ...

Australian Retirement Trust works to resolve ongoing outages

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2024
... close to a fortnight on the back of its private Google cloud being inadvertently deleted. In August, APRA chair John Lonsdale flagged the regulator is stepping up its oversight of operational and cyber-resilience, including at super funds, to "ensure ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... Authority (APRA) has also increased the capital penalty over ANZ's non-financial risk management practices. APRA chair John Lonsdale said ANZ is "financially sound" but remains prone to managing non-financial risk. "Of the major banks that had capital ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... are best placed to oversee the investment strategy and its investment spread." In his opening remarks, APRA chair John Lonsdale said the regulator is continuing to drive continuous improvement and trustee accountability in delivering quality member outcomes. ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... ensure superannuation trustees meet their requirements under the Retirement Income Covenant. In addition, APRA chair John Lonsdale said the regulator would be taking a close look at the relationship between banks and super trustees. "Over the coming ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... will remain in place until such time as ANZ has delivered required remediation to APRA's satisfaction. APRA chair John Lonsdale said he is concerned at the persistence of risk governance and culture issues within the bank. "ANZ is financially sound with ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
... operations focus Scenarios align with BCM uplift and focus on severe yet plausible scenarios for COs and MSPs APRA chair John Lonsdale said operational resilience was becoming increasingly important in the digital financial age. "Disruptions to financial ...

Former licensee chief takes new role

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... but will remain a non-executive director of the business. Blackford was chief executive of Insignia's Millennium 3, Lonsdale and IOOF Alliances brands for more than three years. Before that, she was chief executive of Millennium 3 for two years ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... because of optimisation benefits. As predicted, adviser numbers dropped to 1199 due to the sale of Millennium3, closure of Lonsdale, and changes to Bridges. The migration of clients and assets from MLC Wrap to the Expand platform is also tracking to ...

Jailed adviser permanently banned by ASIC

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... credit activities, whether alone or alongside others. The ban took effect on February 5. When Sebo was convicted, Justice Lonsdale said: "I find that the offending was not just opportunistic. It was planned and it was persistent." "You deliberately started ...
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