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Showing 81 - 90 of 2456 results for "APRA"

Small win for First Guardian victims amid platform transition

JAMIE WILLIAMSON  |  MONDAY, 5 JAN 2026
... involvement in the First Guardian and Shield collapses and, more recently, was hit with additional licence conditions by APRA due to concerns relating to its investment governance. Diversa, however, remains steadfast in its position that the First Guardian ...

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
... 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 more than $7.5 million on soccer ...

Most read in 2025: Superannuation

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
... Jim Chalmers and former Assistant Treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds. Chalmers said the reforms will improve member outcomes and how funds engage with their members ...

Australian Food Super closes two options

KARREN VERGARA  |  FRIDAY, 19 DEC 2025
... 1.21% p.a. from 0.57% p.a. Formerly AMIST Super, Australian Food Super had $3.5 billion in assets at the end of September, APRA reports show, managing the savings of 67,360 members. In October, Australian Food Super appointed Richard Dinham as chief ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
... defendants and is continuing to investigate misconduct relating to Shield and First Guardian to hold those involved to account." APRA has also accepted a court enforceable undertaking from NSS, saying it has demonstrated material weaknesses in its investment ...

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 ...

AustralianSuper execs earn top pay grade: APRA

KARREN VERGARA  |  WEDNESDAY, 17 DEC 2025
... superannuation sector, earning nearly $9.2 million, which is double the amount that some of their peers earn. Newly released APRA data covering the 2025 financial year showed that industry super fund executives are handsomely compensated compared to ...

Why a single insto client is a massive business risk

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
... increasingly moving money to be managed internally is a growing trend that active fund managers are grappling with. Citing APRA data, the Association of Superannuation Funds of Australia (ASFA) reports that half of member money is managed with external ...