APRA

Superannuation

The Australian Prudential Regulation Authority (APRA) is consulting with industry on plans to expand the breadth and granularity of the superannuation data it publishes....

Financial planning

Following months of discussion and consultation, Treasury has released its final report into the Retirement Income Covenant, stating it is confident superannuation truste...

Financial planning

The new Financial Accountability Regime between APRA and ASIC will have clearly defined roles to avoid duplicate reporting to multiple agencies....

Superannuation

Margaret Cole says the pressure on trustees from the 2021 Choice Heatmap will lead to the removal of weaker performing products and drive better returns and transparency ...

Superannuation

Despite questions being raised about the appropriateness and accuracy of the prudential regulator’s heatmaps, they do underscore the importance of advice, the Financial S...

Superannuation

The prudential regulator has published its annual MySuper heatmap along with the first Choice heatmap....

Financial planning

Whether or not a client is interested in responsible investing will be moot as climate change will need to be considered by advisers as part of best interests duty, accor...

Policy & Regulation

The prudential regulator has released its practice guide on climate change financial risks which will assist banks, insurers and superannuation trustees to manage the fin...

Life/Risk

Despite some improvements in risk product profits, group lump sum and group disability income insurance made losses over the year to September. ...

Superannuation

Australian superannuation members are unlikely to view and understand the MySuper Heatmap because of its complexity and unclear presentation, according to Chant West’s ge...

Superannuation

EISS Super will need to implement a strategy to merge with a larger, better performing fund under the regulator’s new license conditions....

Superannuation

The prudential regulator has finalised revisions to requirements and guidance for insurance in superannuation, fulfilling two Royal Commission recommendations....

Superannuation

Data from the prudential regulator has found members of underperforming super funds are not moving in significant numbers, despite receiving communication about the perfo...

Features

Superannuation funds need to keep up with changing community expectations that can lead to regulatory changes with the latest one regarding marketing and sponsorship expe...

Superannuation

Five of the 13 funds that failed the performance test are in merger talks and the prudential regulator is looking at ways to simplify the merger process. ...

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