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Superannuation

Super spending calls BFID compliance into question

BY JAMIE WILLIAMSON | TUESDAY, 24 JUN 2025 12:48PM

There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic arrangements since the BFID was legislated, and a host of other shortcomings.

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