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| | | ... (APRA) has provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its cross-industry prudential standards and guidance ... |
| | | | APRA is concerned about a growing lack of urgency among superannuation trustees to develop and implement retirement income strategies. APRA deputy chair Margaret Cole, speaking at the Innovation in Retirement conference in Sydney, said the APRA-ASIC ... |
| | | | ... most of the money went into managed investment schemes or products that were hosted on the platforms of superannuation trustees," Longo says. "They were persuaded to do this through perhaps responding to something they've read. They get called by ... |
| | | | ASIC has slammed superannuation trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage with members throughout retirement and provide more meaningful support. ASIC's review, Report 818 From ... |
| | | | ... targeted consultation will be held in early 2026, engaging consumer representatives, mental health advocates, superannuation trustees, financial advisers, and medical professionals, CALI said. CALI may also look at contemporary medical evidence and return-to-work ... |
| | | | ... guidance for consumers with complaints against financial firms, particularly those in liquidation, and superannuation trustees." |
| | | | ... often not separately disclosed because RSEs are taking "a narrow, quantitative approach to materiality". "Superannuation trustees should carefully consider whether sponsorship and advertising expenses may be qualitatively material to members, even when ... |
| | | | ... "ASIC seeks to enhance public confidence in the superannuation industry by encouraging Rest and other superannuation trustees to maintain adequate systems to prevent administrative errors that erode superannuation balances and to act quickly when they ... |
| | | | ... looking into failure at every step of the value chain, including lead generators, financial advisers, superannuation trustees, auditors, managed investment schemes and research houses. This, despite the government opting to drop its planned inquiry into ... |
| | | | ... work that everyone at APRA does to deliver on our important mandate, particularly in her role ensuring superannuation trustees are acting in the best financial interests of their fund members." Lonsdale commended Cole for her role in overseeing the implementation ... |
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