Search Results | Showing 41 - 50 of 2132 results for "APRA" |
| | | ... insurers are underhandedly hiking premiums in a way that is misleading and fails to explain why they are rising, according to APRA and ASIC, warning that they will take regulatory action if practices do not improve. The regulators have reprimanded life ... |
| | | | ... parking their retirement savings in default MySuper products, instead of exploring other investment options. Analysis of APRA data by Innova Asset Management revealed that an all-equities portfolio, spread across Australian and international shares ... |
| | | | While just 17% of APRA-regulated superannuation fund under management is currently overseen by internal investment teams, it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' ... |
| | | | ... and an investigation was commenced, alongside comprehensive cybersecurity protocols and enhanced network monitoring. Today, APRA said the incident "involved a significant amount of data being lost." APRA said the decision to implement the additional ... |
| | | | APRA has lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers ... |
| | | | APRA has released new insights into superannuation product performance, revealing that most on-platform trustee directed products (TDPs) underperform their benchmark and exhibit higher administration fees. The prudential regulator's analysis based on ... |
| | | | ... previous year. The report, which surveyed 41 funds comprising 85% of the sector's assets under management (AUM) as per APRA data, noted that large funds spearheaded the trend towards international assets. NAB executive, markets corporate and institutional ... |
| | | | ... For instance, insurers can use results where the total amount of lump sum death cover is greater than $500,000. However, APRA statistics show the average sum of insured individual policies of lump sum death cover - excluding group cover - is about $714,000. ... |
| | | | ... don't suffer unnecessary regulatory burdens to avoid a similar scenario in the US with the collapse of regional banks, APRA says. APRA chair John Lonsdale boasted about confidence in Australia's prudential regulation in contrast to a series of ... |
| | | | ... added. "The FSC encourages the government to act to protect consumers from being trapped in underperforming products that APRA has publicly identified, by implementing a product modernisation framework that allows superannuation trustees to transfer ... |
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