In light of the upcoming review, the government will pause a planned extension of APRA's performance tests beyond MySuper products for 12 months.
July 13, 2022The incumbent government's Super Home Buyer Scheme, seen as a play for voters, is being cricitised by the superannuation industry.
May 19, 2022Morningstar has expressed concern that the rules do not require super funds to disclose specific stocks or bonds held in portfolios run by external asset managers.
November 16, 2021The government is said to be concerned about the growing influence of super funds as large shareholders of ASX listed companies.
August 5, 2021APRA is piloting a risk culture survey with plans to roll it out to a number of superannuation entities in 2022.
June 1, 2021Industry bodies broadly support the inclusion of administrative fees in the performance test, though an extra one million super accounts could fail the test as a result.
May 5, 2021Senator Andrew Bragg is suggesting to use the 'Your Future Your Super' legislation to force consolidation between the AIST, ISA, FSC and ASFA.
April 16, 2021Accounts transferred from Eligible Rollover Funds to the ATO will be proactively reunited with members’ superannuation accounts within 28 days.
March 1, 2021To improve member outcomes, APRA will focus on strengthening its prudential framework, sharpening supervision, improving data and enhancing transparency.
February 16, 2021ASIC’s Jane Eccleston says trustees of non-public offer funds need to apply for an AFS licence or vary their existing licences by 30 April 2021.
February 15, 2021