All posts tagged "Superannuation"
-
521Australia & NZASX to Scrutinise ETF Labels to Tackle Greenwashing – Report
ASX will scrutinise listed instruments to ensure they are “true to label” and only list new funds that comply with ASIC’s naming requirements.
May 31, 2022 -
333Australia & NZAustralia Considers Use of Super Savings to Buy Property
The incumbent government's Super Home Buyer Scheme, seen as a play for voters, is being cricitised by the superannuation industry.
May 19, 2022 -
609Australia & NZAustralian Court Orders Westpac to Pay A$113m in Penalties
The penalties are the result of six proceedings brought by ASIC in November. Westpac had already agreed to pay the penalties and customer remediation.
April 25, 2022 -
399AML / KYCAIST Seeks Clarity on SoF, SoW Expectations for Super Funds
AIST is asking AUSTRAC to recognise that super funds are presented with lower risks than other reporting entities, and to align its expectations for SoF and SoW checks accordingly.
April 18, 2022 -
714Australia & NZWestpac Super Trustee Fined for Overcharging Commissions
On top of a A$20mn penalty, BT Funds Management will pay A$9.8mn in remediation to over 9.900 superannuation members.
April 11, 2022 -
343Australia & NZSmaller Super Funds Face Bigger Sustainability Challenges: APRA
On 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, 2022 -
384AML / KYCFSC Australia Issues Guidance on Russian Asset Divestment
The guidance is for superannuation trustees, asset managers investing superannuation capital, and asset managers operating managed schemes with super funds as investors.
April 8, 2022 -
374Australia & NZ
APRA Advances to Phase 2 of Superannuation Data Transformation
Phase 2 will deliver more data on retirement outcomes, performance, efficiency, governance, risk management practices, fund operations and industry risks.
April 5, 2022 -
581Australia & NZ
APRA Sets Out Roadmap for Full Transition to APRA Connect
APRA says it will receive all data collections through APRA Connect by 2027, and regulated entities should prepare by exploring automation opportunities.
April 1, 2022 -
499Australia & NZAustralia Consults on Expansion of CDR to Non-Bank Lending
The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.
March 21, 2022
