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Showing 11 - 20 of 253 results for "RSE"

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 ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... adviser. It can also include payments to advisers with respect to member-initiated usage of advice services offered by the RSE licensee and charged to the member under agreed or activity-based advice fees. Industry funds spent the most on intra-fund ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... investment offerings for accumulation members. "We are currently examining trustee expenditure data at a fund level to ensure that RSE Licensees decisions are in members' best financial interests." Lonsdale added that APRA is focused on the ways in which ...