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australian prudential regulation authority
Superannuation
As it endeavours to strike a balance between implementing a clearer and simpler regulatory framework while still holding industry to account, the prudential regulator has...
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....
Superannuation
Total superannuation assets in Australia grew to about $3.3 trillion as at the end of June, 2021, from $1.9 trillion in 2015, as industry funds dominate over retail ones....
Superannuation
If superannuation trustees are seeking judgement from the court to charge a fee to enable adequate financial resources, they need to have a plan B if the decision does no...
Superannuation
Superannuation trustees could be subject to new standards by the prudential regulator that aim to strengthen preparedness when responding to future financial crises....
Post retirement
The prudential regulator will not be issuing extensive or detailed guidance on retirement income solutions in the short-term as it wants to give the industry time to deve...
Superannuation
AMP superannuation trustees are to pay $45 million in remediation relating to final matters referred from the Royal Commission....
Superannuation
Following the release of Choice super data, the Australian Institute of Superannuation Trustees is calling for the Government to amend legislation to prevent any member b...
Superannuation
The prudential regulator has flagged it could now be more "muscular and bold" to push into expenditure issues given the new laws, its new powers, and the new burden of pr...
Superannuation
Administration fees on Choice products are 40% higher than for MySuper products, according to the regulator, with a $100,000 balance paying $391 per annum....
Superannuation
The Government has introduced a bill that aims to improve equity in the superannuation system, allow a larger amount of super to be removed for a first home deposit, and ...
Superannuation
Forty MySuper products resubmitted material data in relation to the Your Future, Your Super performance test. ...
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 ...