In APRA's 2022 ‘MySuper Heatmap', only one other super fund trustee charged more in administration fees than Diversa Trustees' product.
January 26, 2023An estimated 8.1 million MySuper members benefitted from a drop in total fees and costs since last year's heatmap was published.
December 20, 2022The guidance covers the new SPS 530 requirements on liquidity management, stress testing and valuations, as well as APRA's expectations on ESG risk management.
November 20, 2022The measures are proposed in response to the erosion of member benefits that occurs when successor fund transfers are carried out.
November 14, 2022The additional licence conditions require four Insignia trustees to improve their governance and risk management practices, processes and frameworks.
November 4, 2022The published data for the first time includes information on the number and types of products and investment options available in the superannuation industry.
October 24, 2022Four of the five have now failed for a second time. Five other MySuper products that failed last year have now passed.
September 1, 2022Quarterly publications will start in September and annual publications in early 2023, comprising new and expanded data on an industry, fund and product basis.
July 27, 2022On the whole, assets in small and medium sized super funds are declining. Large super funds can more easily spread their costs over a wider membership base.
April 11, 2022APRA plans to start publishing new aggregate industry, fund-level and product-level statistics on superannuation from June.
February 22, 2022