All posts tagged "Superannuation"
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108Australia & NZAPRA’s New Data Collection Solution Goes Live
Banks have to maintain all BEAR information including accountability statements and maps in APRA Connect from this month.
September 13, 2021 -
119Australia & NZ
APRA Finds Praise in Survey of Regulated Entities
APRA’s supervision helps to protect banking, insurance and superannuation industries, say 95 percent of regulated entities.
September 9, 2021 -
106Australia & NZCourt Finds Colonial First State Engaged in Misleading Conduct
The Federal Court found that Colonial First State misled its customers to encourage them not to transfer their superannuation to a lower cost MySuper product.
September 9, 2021 -
87Australia & NZASIC Offer Guidance on New Complaints Handling Obligations
ASIC says more work is needed from superannuation trustees to comply with new internal dispute resolution standards that become enforceable in October.
September 3, 2021 -
221Australia & NZ
13 Super Funds Fail APRA’s First Performance Test
If the failing super funds do not improve in next year's test they will have to transfer their members to funds that deliver better outcomes.
August 31, 2021 -
157Australia & NZ
APRA Focuses on Resilience in Updated Corporate Plan
APRA will look to enhance resilience in the financial system, including cyber resilience, while also transforming governance, risk-culture, remuneration and accountability.
August 30, 2021 -
116Australia & NZ
ASIC Prioritises Economic Recovery in New Corporate Plan
ASIC's key external priorities for the next four years include the economy, innovation, consumer harm, cyber resilience, and industry readiness for regulatory reforms.
August 27, 2021 -
113Australia & NZWestpac Subsidiaries Fined for Breaching Best Interests Duty
Westpac Securities Administration and BT Funds Management were fined for failing to act in their clients' best interests in a case that dates back to 2016.
August 26, 2021 -
305Australia & NZAustralia Refines Super Fund Rules on Portfolio Disclosures
The regulations have been refined to ensure the disclosure regime for superannuation fund portfolio holdings is cost-effective and in members best interests.
August 19, 2021 -
82Australia & NZ
APRA Offers Guidance on Super Fund Performance Tests
APRA may combine investment performance when administering performance tests to ensure performance history does not reset as a result of certain product changes.
August 18, 2021
