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Showing 11 - 20 of 255 results for "RSE"

ASIC calls out super 'leaders and laggards'

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
... meeting requirements of the Covenant, she warned that many are falling short when it comes to servicing First Nations members. "RSE licensees failed to adequately consider their First Nations members in their communications. While some reported participating ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... not having revisited historic arrangements since the BFID was legislated, and a host of other shortcomings. The review of 14 RSE licensees' expenditure practices and decisions comprised thousands of documents covering discretionary spending, marketing ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
The super funds that saw member accounts breached by cybercriminals in April have been instructed to undertake a "special purpose engagement," as APRA asks all trustees to review their compliance with Prudential Standard CPS 234 Information Security. ...

'Tensions' identified between FAR and other requirements

ELIZA BAVIN  |  MONDAY, 26 MAY 2025
... important for trustees to identify related entities and understand their connections to effectively manage risks and fulfill RSE licensing obligations. "Trustees should look to strengthen frameworks for FAR. CEOs and directors must engage in clear and ...

Pearler Super launches, new FHSSS product imminent

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... biggest providers such as BlackRock, Vanguard and SSGA. Pearler Super is offered through Super Simplifier, a product under RSE, Equity Trustees Superannuation. DASH is the investment administrator and promoter of Pearler Super, while DDH Graham is the ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... approaches to investment management internalisation as bringing investment functions in-house can lead to meaningful changes in an RSE licensee's risk profile. APRA will continue its review of trustees' investment governance practices for platform products ...

One in five pension funds face liquidity risks

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
... an intuitive and important trigger to monitor, reliance on a single trigger may be overly simplistic and could lead to an RSE licensee not perceiving broader risks, such as trends in member outflows or switching," APRA said. In some cases, APRA also ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... Investment Governance, which was updated in January 2023. The review involved assessing detailed responses and data from 23 RSE licensees overseeing $2.7 trillion. The regulator said that while things have broadly improved since its last review in 2021 ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
HESTA has agreed to make payments to two cohorts of members impacted by valuation decisions made by the fund in March 2020. APRA said in March 2020, HESTA made downwards adjustments to five single sector Choice options invested in unlisted assets but ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
CareSuper and the Meat Industry Employees' Superannuation Fund (MIESF) are exploring the viability of a merger. The two funds have entered a Heads of Agreement and commenced a due diligence process. It comes hot on the heels of CareSuper completing ...