Australian Prudential and Regulation Authority

AUSTRALIAN PRUDENTIAL AND REGULATION AUTHORITY

Superannuation

Three Sargon entities acquired by Pacific Infrastructure Partners

The newly formed entity has completed the purchase of Diversa Trustees, CCSL, and Tidswell Financial Services....

Policy & Regulation

Would you work for a super fund if your salary was at penalty risk?

Attracting talent to superannuation funds could become problematic under the Government’s move to extend the Bank Executive Accountability Regime to the superannuation in...

Superannuation

Size matters in superannuation says APRA

Barely a week after distribution its superannuation heatmaps, the Australian Prudential Regulation Authority is arguing that larger superannuation funds are more sustaina...

Financial planning

APRA to take four years to restore trust in financial sector

APRA’s agenda to reduce poor behaviour and misconduct in the financial sector is an ambitious plan that will take four years to succeed, according to its chair....

Superannuation

Legislation closes the super corporate box

The Federal Government has succeeded in substantially passing legislation which will significantly curtail the ability of superannuation funds to use corporate hospitalit...

Policy & Regulation

IOOF’s Kelaher and Venardos step aside

IOOF managing director, Christopher Kelaher and chairman George Venardos have stepped aside from their positions pending the outcome of the Australian Prudential Regulati...

Life/Risk

Life policy revenue up 11.5% in Sept quarter

APRA figures have shown an 11.5 per cent year-on-year rise in the Australian life insurance industry’s net policy revenue to $17.9 billion in the September 2018 quarter....