Articles tagged with 'apra'

Dixon Advisory opposes mandatory minimum SMSF balances

10 March 2010 | Dixon Advisory is arguing against the imposition of mandatory minimum SMSF balances on the basis that it would amount to excluding one part of the population.


Female representation on ASX200 boards 'embarrassing'

8 March 2010 | Women have only 8.7 per cent representation on the boards of ASX200 companies, the lowest of all sectors covered by the Women on Boards Boardroom Diversity Index.


What's ahead for SMSFs?

8 March 2010 | The SMSF sector has cemented its place in the superannuation industry over the past few years. Damon Taylor looks at the issues facing SMSFs and the debate that will determine the shape of their future.


Life insurance in superannuation

8 March 2010 | As the debate about life insurance in superannuation continues to create divisions in the industry, Geoff Black explains the importance of maintaining the status quo.


APRA not ready to drop guard

16 February 2010 | The worst of the global financial crisis may be over, but the Australian Prudential Regulation Authority says it is too early to drop the regulatory guard.


Tougher guidelines for releases to SMSFs

8 February 2010 | Transfers from major superannuation funds into self-managed superannuation funds (SMSFs) will be subjected to higher levels of scrutiny following moves by the Australian Prudential Regulation Authority (APRA).


Government puts credit crisis in rear-view mirror

8 February 2010 | The Government’s bank guarantee, introduced at the height of the crisis, will be withdrawn at the end March.


SMSF reform could spark long-term challenges

3 February 2010 | Reform to self-managed super funds (SMSF) could cause greater complications in the sector, says Townsend Business & Corporate Lawyers principal Peter Townsend.


Amendment bill seeks to increase APRA powers

20 January 2010 | The Financial Sector Legislation Amendment (Prudential Refinements and Other Measures) Bill 2010 is aimed at enhancing the powers of the Australian Prudential Regulation Authority (APRA).


Bank CEOs made responsible

11 January 2010 | Bank chief executives will need to shoulder responsibility for ensuring their institutions are compliant with the new Financial Claims Scheme.


The top 5: Winners

21 December 2009 | As 2009 comes to a close, Money Management looks back at the year's winners.


Regulators move jointly on Astarra funds

18 December 2009 | In what represents a largely unprecedented move, both APRA and ASIC have moved against Trio Capital and its Astarra super funds and managed investment schemes.


Focus super on members not products, says Cooper

15 December 2009 | The first preliminary report of the Cooper Review has pointed to a new architecture for the superannuation industry based on members rather than products, with trustees also being made more answerable.


SMSFs and retail funds top super growth

11 December 2009 | The latest APRA data has confirmed the way recovering markets have boosted the fortunes of SMSFs and retail master trusts.


Brogden comments on APRA quarterly super results

11 December 2009 | Investor confidence will be strengthened by solid superannuation returns for the September quarter, according to Investment and Financial Services Association (IFSA) chief executive John Brogden.


APRA costing more, but more efficient

23 November 2009 | Australia’s prudential regulator may be costing more, but it argues it is becoming more efficient.


Super funds ignoring costly issue of tax

13 November 2009 | Tax is second largest cost incurred by funds but is not given due regard by fund executives, according to consultant Gabriel Szondy.


Further regulation a certainty - APRA

30 October 2009 | APRA has warned Australian financial institutions that they cannot claim immunity from further regulation in the wake of the global financial crisis.


Trustees should be RG 146 compliant

27 October 2009 | Tower Australia Limited chief executive Jim Minto believes superannuation trustees should be better qualified.


NSW Govt backs industry fund model

22 October 2009 | NSW Government submission to the Cooper Review backs the industry funds governance model at the same time as calling for measures to encourage super investment in infrastructure.


SPAA points to super weaknesses

22 October 2009 | The global financial crisis has highlighted weaknesses in the governance of APRA-regulated superannuation funds, particularly with respect to illiquid assets, according to SPAA.


Govt activates insurance compensation scheme

16 October 2009 | The Federal Government has taken the unusual step of activating the insurance compensation scheme used to handle claims against companies that become insolvent.


Industry funds creating 'inefficient' life insurance market

30 September 2009 | Many of the larger life insurers are not participating in industry fund tenders because of the upheaval that occurs at the frequent renewals, according to APRA executive John Trowbridge.


Industry funds win rollovers

28 September 2009 | The global financial crisis appears to have dampened enthusiasm for superannuation co-contributions, but industry funds are winning the battle of rollovers.


Industry funds in a spin over rollovers

28 September 2009 | Membership of large, well-resourced funds has its advantages, writes Mike Taylor.


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