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Showing 21 - 30 of 89 results for "RSE licensees"

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... the range of investment options offered, and the level of transactional activity," the regulator said. As such, RSE licensees are directed to develop and monitor early warning indicators to identify emerging liquidity risks, appropriate liquidity buffers ...

APRA proposes safeguards against risk events in super

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... events in superannuation, the regulator outlines that it intends to enhance the prudential framework to require RSE licensees to, ensure the board approves the amount held for the components, determine how the financial resources to meet each component ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... introduce requirements in Prudential Standard SPS 515 Strategic Planning and Member Outcomes (SPS 515) to ensure all RSE licensees are appropriately prepared to transfer, or receive, members, elevating previous guidance. Specifically, SPS 515 will require ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... forum to ask questions about all areas of the entity's performance and operations." "The regulations ensure that RSE licensees are required to disclose an appropriate amount of information to members, while keeping compliance costs low to preserve ...

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... Elsewhere, its investor presentation showed the group will look to simplify in the coming 12 months, reducing its RSE licensees to one, funds to one, platforms to one to two and products to 20. Mota explained the business is still determining where those ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... it will continue its simplification strategy with the aim of translating to scale. A forward target is to reduce RSE licensees to one, funds by one, platforms to one to two and products to 20. As recently announced the sale of its Australian Executor ...

APRA to improve strategic planning, member outcomes rules

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... the transfer of assets where a MySuper authorisation is cancelled. Provisions will include a requirement for an RSE licensees to transfer the assets of a cancelled MySuper product into another MySuper product. This will also be open to consultation later ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... as a material investment risk to be considered at both the idiosyncratic and market-wide level". Under SPS 530, RSE licensees must manage and monitor all identified sources of investment risk and APRA said it is of the view that this includes ESG considerations. ...

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... industrial bodies. However, regulations will ensure that with the repeal of the requirements to disclose itemised lists, RSE licensees will still be required to disclose an aggregate figure for the aforementioned categories. Helping to clarify the new ...

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... cant hold a product that fails the performance test for a second consecutive year, until a future test is passed. "RSE licensees are expected to have administrative processes in place to ensure they comply with their legislative obligation to prevent ...