APRA says there is "considerable scope" for fee reductions across the superannuation industry, particularly for trustee directed products.
December 1, 2023Hong Kong’s eMPF project presents trustees with an opportunity to rethink operating models, says Monik Harindran.
November 10, 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, 2023The BSP specifies a one-year transition period to allow unit investment trust funds to review their benchmarks and make changes where needed.
August 14, 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, 2023ASIC warned it will take enforcement action against trustees who do not comply with their obligations to identify and merge duplicate member accounts.
June 30, 2023OnePath Custodians failed to direct 125 default member contributions to a MySuper product as required by the law.
June 20, 2023The 'Network of Family Office Service Providers' will seek to support local and global family offices in setting up or expanding in the Hong Kong market.
June 13, 2023Asset managers will have primary responsibility for position limit compliance and reporting obligations at the individual fund or sub-fund level.
June 6, 2023