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Showing 51 - 60 of 1819 results for "APRA."

APRA executive director of super, life insurance exits

RIDDHIMA TALWANI  |  MONDAY, 12 JAN 2026
The Australian Prudential Regulation Authority (APRA) has noted the departure of executive director life insurance, private health insurance and superannuation (LPHIS) Carmen Beverley-Smith. APRA said Beverley-Smith has resigned to take up an opportunity ...

Super funds' external fund manager spend hits $2bn

KARREN VERGARA  |  WEDNESDAY, 7 JAN 2026
Superannuation funds spent more than $1.9 billion on external fund manager fees last financial year, with nearly 60% of the amount going to equity fund managers, according to APRA figures. The prudential regulator's breakdown of super funds' ...

Small win for First Guardian victims amid platform transition

JAMIE WILLIAMSON  |  MONDAY, 5 JAN 2026
First Guardian victims who have been forced to remain members of the super funds that wronged them are now able to transfer out. Since the collapse of the investment scheme, members of AusPrac Super and YourChoice Super were essentially forced to remain ...

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
In 2019, then APRA chair Wayne Byres had a blunt message for superannuation funds: "Are you going to get better, or are you going to get out?" The question marked the decisive shift in the regulator's tone, making its agenda explicit: super funds ...

Diversa hit with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 23 DEC 2025
APRA has imposed additional licence conditions on Diversa Trustees in the wake of the Shield and First Guardian collapses. APRA said it has concerns relating to Diversa's investment governance frameworks and practices, including oversight of platform ...

Trustees up sponsorship deals, Hostplus takes lead

KARREN VERGARA  |  MONDAY, 22 DEC 2025
Hostplus leads the charge on sporting sponsorship deals as the superannuation sectors' budget for marketing and advertising also balloons, even as APRA cracks down on non-essential expenditure. According to newly released APRA data, Hostplus spent ...

Most read in 2025: Superannuation

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
From cyber breaches to mergers and increased regulatory action, there has been a raft of news surrounding the superannuation sector this year. Minimum standard services for super funds welcomed Treasurer Jim Chalmers and former Assistant Treasurer Stephen ...

Australian Food Super closes two options

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
Australian Food Super is closing two of its options that have become costly to run relative to their size and lack member interest. On 3 March 2026, the Alternatives and Property investment options will close. From 7 March 2026, any remaining balances ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First ...

Equity Trustees hit with additional licence conditions

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Equity Trustees Superannuation Limited (ETSL) to address concerns relating to its investment governance frameworks and practices, including oversight ...