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Showing 1 - 10 of 21 results for "Margaret Cole"

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
... went toward directors' fees and advertising. In response to Bragg's pointed questioning, APRA executive director Margaret Cole replied that she was glad that questions about payments to unions had been raised. Cole acknowledged that Bragg had sent letter ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... fees and costs low for members, and fund operational improvements that ultimately benefit members," APRA member Margaret Cole said. "With the largest funds growing solidly, either organically or through mergers, the sustainability and performance gaps ...

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
... should not be made public. APRA is determined to publish as much of the new data as possible, executive board member Margaret Cole said. "The Superannuation Data Transformation sits at the heart of APRA's agenda to use heightened transparency to lift ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
... of the total assets held in these products. At the time those numbers were released, APRA executive board member Margaret Cole said Australians have never had more information or transparency around the performance of their super funds. "Increased transparency ...

Industry responds to heatmap findings

CHLOE WALKER  |  FRIDAY, 17 DEC 2021
... an Association of Superannuation Funds of Australia's (ASFA's) virtual event, APRA executive board member Margaret Cole said that APRA's active supervision of underperforming MySuper products over the past two years has driven substantial benefits ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... are being well-looked after, regardless of what type of fund or product their money is invested in," APRA member Margaret Cole said. "Although there have been benefits generated for members from industry consolidation and reductions in fees in recent ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... further refine and expand its Choice Heatmap over coming years to cover more of the sector. Executive board member Margaret Cole said APRA would now further intensify its supervision on the trustees of products that had been shown up on the heatmaps ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
... this is to move its members to a better performing and more sustainable product as soon as possible," APRA member Margaret Cole said. "These new licence conditions are designed to set out a clear path for Christian Super to achieve this, while also ensuring ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... management of financial resources are likely to continue to evolve over the coming months. APRA executive board member Margaret Cole said that while Australia's superannuation system is served by a variety of business models that use a range of different ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... end of the CEU, it expects all matters referred to APRA by the Hayne Royal Commission to be concluded. APRA member Margaret Cole said: "AMP is one of the wealth industry's largest and best resourced companies, and APRA expects a commensurately high ...
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