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Showing 1 - 10 of 1620 results for "Prudent"

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN  |  THURSDAY, 23 JUL 2026
Macquarie Group provided an update on the first quarter of its 2027 financial year, with outgoing chief executive Shemara Wikramanayake saying trading conditions were "satisfactory" for the three months to 30 June 2026. Macquarie Asset Management (MAM) ...

FEATURE | Platforms | The investment supermarket

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... same business that runs the platform. ASIC alleges both failed to exercise the same degree of care, skill and diligence a prudent trustee would. Diversa provided trusteeship for super accounts on Praemium, a platform administering around $74 billion ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
Treasury has released new Statements of Expectations (SoE) for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), with an emphasis on how the regulators should promote a more sustainable ...

FEATURE | Retirement | A layer of confidence

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
Pounded by the continued rise in the cost of living and extended life expectancy, many Australians are growing more concerned about how they will retire when they reach that age. And this concern will likely persist as the proportion of the population ...

APRA names new deputy chairs

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
The Australian Prudential Regulation Authority (APRA) has welcomed the appointment of two new deputy chairs, with current board member Therese McCarthy Hockey and former assistant treasurer David Bradbury set to join the regulator's leadership. ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... operation for two years. Our experience indicates that the overwhelming majority of claimants believed they were taking a prudent and positive step by placing trust in a professional to provide expert advice in a complex financial system," Berry said. ...

Super the backbone of stressed financial ecosystem: APRA

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
The Australian Prudential Regulation Authority (APRA) has unveiled key findings from its inaugural system risk stress test (SRST), highlighting the resilience and stability of the financial market depends heavily on the superannuation sector. The SRST ...

Generation Life confirms personal information leaked in cyber incident

MATTHEW WAI  |  THURSDAY, 25 JUN 2026
Generation Life has provided an update regarding a cyber incident that took place in April, confirming information of a "limited number" of individuals has been impacted. The business suffered a cyber incident that involved an unauthorised third-party ...

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... made in accordance with prudential standards and trustees' duties under the Superannuation Industry (Supervision) Act. "Prudent remuneration practices play a critical role in driving sound governance and protecting the best financial interests of superannuation ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
APRA has inserted geopolitical risks into its regulatory priorities, expecting superannuation trustees to manage it well, as their traditional risk frameworks may no longer be adequate in the current environment. Penning a letter to super funds and ...
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