Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 61 results for "Margaret Cole"

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 ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... and Energy Union withdrawing from what's now the CFMEU in December 2023. The data comes as APRA deputy chair Margaret Cole said the regulator would be looking more closely at super funds' spending. "The scale of expenditure in a particular category ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... whether there should be more focus on fees over returns. Independent MP Allegra Spender questioned APRA deputy chair Margaret Cole on whether APRA believes the standards to which the regulator holds super funds are adequate, or if there should be more ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... trustees' spending, saying it has identified "deficient" and "questionable" practices among funds. APRA deputy chair Margaret Cole has informed all RSE licensees that it will be intensifying its supervision of their expenditure as it looks to curb spending ...

Choice products continue to overshadow MySuper: APRA

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... still underperforming products that need improvement particularly among choice product offerings," APRA deputy chair Margaret Cole warned earlier referring to the issue. The prudential regulator has called for a more robust product governance needed ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... still underperforming products that need improvement particularly among choice product offerings," APRA deputy chair Margaret Cole said. "APRA has no tolerance for members to remain in poorly performing products without credible and timely rectification ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... ensure changes align with their individual circumstances and take into account tax implications." APRA deputy chair Margaret Cole said: "This year's results demonstrate the progress being made to address underperformance. At the end of June, all ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... issues that have been examined at length over the past two years without any negative findings. APRA deputy chair Margaret Cole said trustees are in a privileged position of managing billions of dollars of assets on behalf of their members and that compliance ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... risk is key to enhancing operational and financial resilience, as well as financial stability," APRA deputy chair Margaret Cole said. "APRA will continue to engage the full range of supervisory and enforcement responses to ensure that regulated entities ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... management, $40 million of which will be held as an overlay until all terms of the undertaking are met. APRA deputy chair Margaret Cole said: "This action shows that APRA is willing to take strong enforcement action where it is warranted. These MySuper ...
PAGE:
1
PREVIOUS
NEXT