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Showing 11 - 16 of 16 results for "Member Outcomes Assessment"

Associations raise member outcomes concern

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... regulations are adopted, and that industry and consumer groups have the opportunity to consider the member outcomes assessment holistically. The Association of Superannuation Funds of Australia (ASFA) said it is "broadly comfortable" with the SPS 515 ...

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... number of mergers," the report reads. From 1 January 2020, funds will be required to undertake an annual member outcomes assessment under the recently released Prudential Standard SPS 515. This is based on: net investment returns, fees and operating ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
APRA has outlined its policy focus for the remainder of the year following the Royal Commission. Releasing its annual policy priorities document this week, the prudential regulator said it would build on the work it began last year, while taking into ...

No room for complacency: Rowell

KANIKA SOOD  |  MONDAY, 12 MAR 2018
... in absolute and relative terms, including against that of a peer group. However, Rowell admitted the member outcomes assessment is not a "one-size-fits-all" measure. "Individual funds have different members and different strategies, and the scope and ...

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
It is crunch time for poor performing superannuation funds which will soon be asked to "gracefully exit the industry" if they cannot meet revisions to regulatory frameworks. Australian Prudential Regulation Authority (APRA) deputy chair Helen Rowell ...

Super trustees need better vigilance: APRA

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
... acknowledge the need to merge or wind-up their fund, and the need for trustees to undertake a "broad member outcomes assessment" in assessing performance, adding: "Fund performance must be considered over the medium to long term, and in a multifaceted ...
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