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Showing 1 - 10 of 198 results for "Prudential Standard"

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
APRA has commenced an investigation into if Diversa's executive remuneration decisions were made in accordance with prudential standards and trustees' duties under the Superannuation Industry (Supervision) Act. "Prudent remuneration practices play a ...

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... consultation as part of its endeavours to stamp out 'poor practices'. APRA has laid out revised draft of prudential standard CPS 510 Governance, which ultimately seeks to raise expectations for boards and senior leadership teams. The updated ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... The heightened focus on operational resilience follows APRA's recent finalisation of targeted amendments to prudential standard CPS 230 Operational Risk Management, which comes to effect 1 July 2026. The amendments introduce limited exemptions from certain ...

APRA finalises CPS 230 amendments

ELIZA BAVIN  |  THURSDAY, 30 APR 2026
The Australian Prudential Regulation Authority (APRA) has finalised targeted amendments to prudential standard CPS 230 Operational Risk Management. The amendments introduce limited exemptions from specific contractual requirements in CPS 230 for material ...

Nearly $12bn leaves Challenger in March quarter

KARREN VERGARA  |  TUESDAY, 21 APR 2026
Challenger saw $11.7 billion leave its funds management business in the third quarter, of which $3.4 billion came from negative market movements driven by the Middle East conflict. The lion's share of $8 billion were net outflows while the balance of ...

AMP head of corporate pensions departs

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
AMP head of corporate pensions Chris Jansen has retired after just shy of four decades with the wealth manager. Jansen held several roles throughout his tenure, mostly relating to AMP's superannuation offerings, including head of product - superannuation ...

APRA launches 'advanced illiquidity premium' to capital framework reforms

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... the proposed floor for the risk allowance and treatment of the AILP in the credit spread stress charge under Prudential Standard LPS 114 Capital Adequacy: Asset Risk Charge. After carefully weighing the feedback received, APRA said it determined the ...

Chalmers releases retirement phase reforms

ELIZA BAVIN  |  TUESDAY, 24 FEB 2026
Treasurer Jim Chalmers has released the Retirement Reporting Framework and Best Practice Principles for superannuation retirement income solutions. "These reforms are all about strengthening the system to deliver the best results for Australians when ...

ASFA expands financial crime prevention framework for super trustees

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
The Association of Superannuation Funds of Australia (ASFA) has launched two new tools to help super trustees strengthen their fraud controls. The new features, dubbed the Scams and Fraud Toolkit and the Scams Policy Template, are now available and ...

Morningstar DBRS expands into regional Australia

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
Global credit rating agency Morningstar DBRS (Morningstar) has announced its expansion into the Asia Pacific region with the opening of a new regional hub in Australia. The Sydney hub will function as a service center for the broader Asia Pacific region. ...
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