Parliament has passed the Financial Accountability Regime, a recommendation from the Hayne royal commission, which will impose stronger accountability on super trustees....
Improving superannuation transparency and increasing focus on retirement outcomes are among APRA’s strategic priorities for super in 2023–24....
Allocations to property are one of two classes that have seen decreases in their super allocations, according to latest APRA data, while infrastructure allocations have r...
APRA has announced 96 trustee directed products and one MySuper product failed to meet the benchmark of its 2023 superannuation performance test....
Industry funds have vastly outpaced their retail fund counterparts, gaining $10 billion over the last 12 months. ...
After reporting slower growth in the March quarter, total superannuation assets have risen by 7.6 per cent over the past year to surpass $3.5 trillion at the end of June ...
A joint APRA-ASIC report has taken aim at super funds’ Retirement Income Covenant strategies. The answers involve a tech upgrade to offer more tailored support, says Andr...
With three-quarters of Australians viewing data breaches as one of the biggest privacy risks today, the amount of data requested and handled by their super fund remains a...
APRA is worried that it “cannot be confident” that super fund trustees are adequately implementing the Retirement Income Covenant, and work is needed on three key areas....
Super funds have shared the areas where they believe the Australian Taxation Office could improve its efforts....
Two unions and the Australian Council on Trade Unions have been formally warned by ASIC that its member communication around three super funds need to avoid breaching fin...
Following a two-year process of consultation and reform, APRA’s latest guidance aims to help super trustees with the formulation, implementation, and oversight of an inve...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...