All posts tagged "Superannuation"
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201Australia & NZAPRA 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 & NZASIC 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 -
251Australia & NZ
APRA Issues Updated Guidance on New Remuneration Standards
The guidance has been updated to align with the Financial Accountability Regime and provide additional examples of better practices to help entities transition smoothly.
October 21, 2021 -
414Australia & NZAustralian Court Fines Colonial First State for Misleading Members
The court said Colonial First State Investments engaged in a 26-month "concerted campaign" that sought to take advantage of members.
October 20, 2021 -
253Australia & NZ
APRA Revises Investment Governance Standards for Super Funds
A new consultation proposes enhancements to stress testing, valuation and liquidity management practices that will take effect from 1 January 2023.
September 30, 2021 -
462Australia & NZAustralia Funds Industry Prone to Conflicts of Interest
A "long, complex value chain" of intermediaries between fund managers and retail investors raises the potential for conflicts of interest.
September 27, 2021 -
267Australia & NZ
APRA Clarifies Position on Standards for Insurance in Superannuation
APRA will not proceed with a proposed requirement for independent certification of priority and privilege arrangements to avoid "unintended consequences".
September 23, 2021 -
384Australia & NZ
APRA’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 -
251Australia & 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
