Search Results | Showing 1 - 10 of 28 results for "New APRA" |
| | ... to dominate the superannuation sector in terms of total assets, the smaller players are becoming serious contenders. New APRA statistics show that AustralianSuper had more than 3.4 million members at the end of March with $335.3 billion in savings. ART ... |
| | | ... its MySuper and Choice Heatmaps. It will publish the heatmap, which is being updated using data submitted through the new APRA Connect system, for the first time in early 2023. Working alongside ASIC, APRA said it also endeavours to influence improved ... |
| | | New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ... |
| | | ... system," under his leadership. Meanwhile, executive directors Suzanne Smith and Therese McCarthy Hockey will be appointed as new APRA members. In addition to her new role, Cole will continue to oversee APRA's superannuation activities. Deputy chair ... |
| | | ... promoted its members' best interests over the 2020 financial year. But 41% of the funds in question will likely fail the new APRA performance test due to high fees and poor returns. The research found 17 out of the 42 funds were likely to fail the ... |
| | | Superannuation assets hit a record high of $3.127 trillion at the end of the March 2021, new APRA figures show. This is a 15.1% increase year on year, APRA said in releasing the quarterly figures, attributing the growth to strong investment performance. ... |
| | | ... amendments that Labor will seek are across stapling. First, it wants the final legislation to turn on stapling only after the new APRA tests have removed dud funds from the system. Second, it wants the superannuation funds of members working in dangerous ... |
| | | The government has conceded to industry demands on administration fees and unlisted assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration ... |
| | | ... the limitations of APRA's new performance measures for superannuation funds. Treasury in October 2020 introduced new APRA benchmarking for superannuation funds, which would cut inflows of new member funds to any super funds than fail the test two ... |
| | | APRA has announced the appointment of Margaret Cole as a new member, focused on enforcement of the superannuation sector. Announcing the appointment, Treasurer Josh Frydenberg said Cole has extensive experience in regulatory and legal fields across ... |
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