AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY | FRIDAY, 8 APR 2022
This paper represents an excerpt from APRA's 2021 Year in Review. Overall, the superannuation industry continued to provide strong returns to members over the year despite the ongoing economic uncertainty associated with the pandemic. The primary ... Read more
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY | FRIDAY, 4 MAR 2022
... practice for compliance risk management will continue to be a focus area for APRA, and is a key consideration across the Australian financial services sector for both industry participants and regulators. APRA wants to see regulated entities giving the ... Read more
DANIELLE BOSE | FRIDAY, 26 NOV 2021
... and give effect to a retirement income strategy". The government noted that "APRA [Australian Prudential Regulation Authority], ASIC [Australian Securities Investments Commission] and the ATO [Australian Taxation Office] will regulate trustees' compliance ... Read more
ALEX DUNNIN | FRIDAY, 22 OCT 2021
... improve its efficiency, transparency and accountability. Under the YFYS reforms, the Australian Prudential Regulation Authority (APRA) is required to conduct and administer an annual performance test, initially applied only to MySuper products from 1 ... Read more
NEIL MAINES | FRIDAY, 6 AUG 2021
... that also need to be balanced against more traditional objectives. The introduction of Australian Prudential Regulation Authority (APRA) Superannuation Prudential Standard SPS 515 Strategic Planning and Member Outcomes (SPS 515) has driven a welcome ... Read more
STEVE DAVISON | FRIDAY, 2 JUL 2021
... members, and more are likely to be created by mergers over the next one to two years. Australian Prudential Regulation Authority deputy chairperson Helen Rowell, in a speech to the Australian Institute of Superannuation Trustees (AIST) Conference of ... Read more
GRAEME COLLEY | FRIDAY, 14 MAY 2021
... (the non-geared entity) that are property and deposits with banks regulated by the Australian Prudential Regulation Authority (APRA). A simple act of opening a US bank account (which is not regulated by APRA) in the LLC's name to receive rent and pay ... Read more
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY | TUESDAY, 27 APR 2021
... through superannuation may be jeopardised, adversely impacting access to life insurance cover for a large part of the Australian community. External forces and evolving market conditions have also affected the provision of life insurance in superannuation ... Read more
RAEWYN WILLIAMS | THURSDAY, 11 FEB 2021
... boom/bust cycle-but it is a first for Australia's $3 trillion superannuation industry (see Australian Prudential Regulation Authority (APRA) Quarterly superannuation performance statistics highlights: September 2020 ). The merger, or 'horizontal integration' ... Read more
THULAISI SIVAPALAN | THURSDAY, 10 SEP 2020
... lodgement of audited financial statements to any regulative authorities, including the Australian Prudential Regulation Authority (APRA). While there is an expectation that the funds submit a copy of the statements to APRA, it is unclear whether APRA ... Read more
Ahead of this weekend's election, the Chartered Accountants Australia and New Zealand (CA ANZ) wants both major political parties to commit to dumping the annual superannuation contribution cap for the benefit of women.
At first glance, the government's superannuation plan for homebuyers seemed a compelling proposition, but concrete analysis has revealed that at best it's only a marginal measure.
Homeownership rates have plummeted, but unions and industry groups have had a negative response to Scott Morrison's last-ditch pitch to 'aspirational Australians'.
The Morrison government has said it will expand the downsizer superannuation scheme by reducing the minimum eligibility age if re-elected this weekend.
CHIEF EXECUTIVE OFFICER
CHIEF EXECUTIVE OFFICER
Heading one of the country's largest sustainable investors wasn't something Peter Chun ever envisioned for himself, but that's just a bonus of taking on the role he describes as a perfect fit - chief executive of UniSuper. Jamie Williamson writes.
As super funds prepare to publish their retirement income strategies to comply with the new Retirement Income Covenant, the next question is what are ...
Inadequate retirement planning is a very real issue for thousands of people both in Australia and globally, but there are ways of making the process more ...
Inflation is being felt around the world, and central banks are responding accordingly. Here's a wrap up of rate changes and the latest on inflation.
In response to the evolving ESG landscape, the skills and competency of directors and boards will need to quickly evolve to include the expertise and ...