The new collections will include data on trustee boards, product distribution arrangements, investment governance, investment manager costs, and financial statements.
December 4, 2023APRA says there is "considerable scope" for fee reductions across the superannuation industry, particularly for trustee directed products.
December 1, 2023APRA wants to disclose super fund expenses for marketing, sponsorships, related parties, industry bodies, director and executive remuneration, and political donations.
October 11, 2023The new information package includes guidance for banks on transitioning to the FAR, including a template for producing accountability statements.
October 4, 2023Deputy chair Margaret Cole said updating SPS 515 was one of APRA’s most important policy priorities in superannuation.
September 22, 2023AMG MySuper failed the test for the third consecutive year; 96 trustee-directed products also failed the test.
September 1, 2023The guidance covers liquidity management, stress testing, valuation practices, and ESG expectations.
July 24, 2023APRA deputy chair Margaret Cole said there has been a lack of progress and insufficient urgency overall when it comes to implementation of the Retirement Income Covenant.
July 20, 2023OnePath Custodians failed to direct 125 default member contributions to a MySuper product as required by the law.
June 20, 2023APRA’s supervision of poorly performing Choice products will intensify, and that trustees can expect "even greater scrutiny" of their product offering.
April 27, 2023