All posts tagged "Super Funds"
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454Australia & NZAPRA Super Fund Performance Test Results in Mergers, Exits
13 super funds failed APRA's inaugural MySuper Product Performance Test last August. The worst performer, Maritime Super, is in talks to merge with industry fund Hostplus.
February 28, 2022 -
520Australia & NZ
APRA Proposes to ‘Sharply’ Increase Superannuation Transparency
APRA plans to start publishing new aggregate industry, fund-level and product-level statistics on superannuation from June.
February 22, 2022 -
900Australia & NZASIC Warns Against Investing Super in Crypto Assets
ASIC says individuals who set up self-managed super funds may be increasingly targeted by scammers to invest in crypto-assets.
January 19, 2022 -
476Australia & NZAustralia Announces Reforms to Proxy Advice Regime
The reforms extend AFS licensing requirements to a greater range of proxy adviser activities, as well as enhance transparency of super funds' voting records.
December 23, 2021 -
520Australia & NZ
APRA Seeks Information from Super Trustees on Financial Resilience
APRA has issued a discussion paper seeking to better understand current and emerging approaches for managing financial resources.
November 23, 2021 -
307Australia & NZAustralia Finalises Rules on Super Fund Portfolio Disclosures
Morningstar 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, 2021 -
227Australia & NZ
Australia Tables Final Tranche of Royal Commission-related Bills
Legislation was introduced to establish the FAR and CSLR. Separate bills were introduced to improve the superannuation system and outcomes for litigation funding participants.
November 6, 2021 -
201Australia & NZ
APRA Finds Underperformance Among Choice Super Products
APRA plans to release its first Choice Product Heatmap in late 2021, following from its launch of the MySuper Product Heatmap in December 2019.
November 5, 2021 -
238Australia & NZ
ASIC Finds Conflict Management Failures at Super Funds
ASIC identified a "clear failure" to identify investment switching by directors and executives of superannuation trustees as a source of potential conflict.
November 4, 2021 -
216Australia & NZ
APRA Directs Super Funds to Improve Operations
APRA has concluded three thematic reviews into core operational areas for super funds. Trustees are asked to draw from the findings to improve their operations.
October 29, 2021
