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Showing 101 - 110 of 112 results for "RSE licensee"

New approved audit forms now available

ALEX DUNNIN  |  FRIDAY, 1 MAR 2013
APRA has released the Approved Audit Report Form for superannuation funds with reporting periods commencing on or after 1 July 2012. The regulator noted that the form has been revised to accommodate some strategic changes. These include removal of Part ...

APRA releases final Prudential Standard for MySuper transition

MARK STORY  |  THURSDAY, 13 DEC 2012
... amounts into a suitable MySuper product before 1 July 2017. This Prudential Standard establishes requirements for an RSE licensee to maintain adequate financial resources to address losses arising from operational risks that may affect registrable superannuation ...

APRA releases final MySuper package

BEN COLLINS  |  THURSDAY, 4 OCT 2012
APRA has released its proposed final application form and instructions for the authorisation of MySuper products and a prudential standard on the transition to MySuper. The MySuper package also includes APRA's response to submissions received on the ...

APRA updates MySuper FAQ guide

ALEX DUNNIN  |  THURSDAY, 12 JUL 2012
Superannuation regulator APRA has updated its MySuper Frequently Asked Questions guide to help super funds clarify how the new product class will operate. The guide covers general operating practices, transition arrangements and investment strategy. ...

APRA releases draft MySuper authorisation form

MELANIE TIMBRELL  |  THURSDAY, 3 MAY 2012
APRA today released a discussion paper for consultation covering arrangements to authorise MySuper products, including a draft application form. A draft prudential standard on MySuper transition that sets out requirements for trustees moving member ...

APRA releases draft prudential standards

LINDA HAUSKEN  |  MONDAY, 30 APR 2012
The Australian Prudential Regulation Authority has released its proposed prudential standards, open to industry response until July 20. The regulator said it is proposing to introduce prudential standards covering topics common to other APRA-regulated ...

MySuper Mythconceptions

ALEX DUNNIN  |  TUESDAY, 22 NOV 2011
MySuper continues to generate hysteria among some superannuation industry commentators and it's time to remind ourselves what it is and, more importantly, what it is not. MySuper is the government's response within its StrongerSuper reform package to ...

APRA urges trustees to adhere to industry standards

CLAIRE MCGREAL  |  WEDNESDAY, 16 NOV 2011
... significantly impact the business operations, reputation, rate of return, profitability and/or net assets of an RSE and/or RSE licensee. It should therefore be treated as a 'material business activity', which requires compliance with the provisions of ...

Industry funds steering clear of FHSAs

WWW.THESHEET.COM  |  FRIDAY, 13 JUN 2008
The release this week of Australian Prudential Regulation Authority draft prudential standards for super funds that plan to offer first home saver accounts has confirmed the view of many fund trustees that the FHSA structure and regulatory framework ...

APRA extends custodian downstream rule exemption

ALEX DUNNIN  |  TUESDAY, 3 JUL 2007
... contract that attempt to lay off obligations and liabilities onto a sub-contractor. "The liability of a custodian to an RSE licensee must not be dependent upon any recovery of losses by the custodian from any sub-custodian." The breadth of the regulations ...