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APRA flexes new muscles
APRA has invoked its new powers for the first time, directing IOOF and its superannuation entities to implement and maintain an Office of the Superannuation Trustee (OST) within the group or risk facing a financial penalty.

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Read more: IOOFAPRAOSTOffice of the Superannuation TrusteeIIMLAETGovernmentSIS ActIOOF Investment ManagementAustralian Executor Trustees
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