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Showing 1 - 10 of 51 results for "RSEs"

Equity Trustees hit with additional licence conditions

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
... calling for greater oversight and protection of member assets. ETSL acts as trustee for 11 registrable superannuation entities (RSEs) and has approximately 649,000 member accounts and over $37 billion in funds under management. The additional licence ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
Registrable superannuation entities (RSEs) must do more to ensure asset valuations in financial reports are reliable and improve disclosure of sponsorship and advertising expenses. Those are two key outcomes of an ASIC review into the financial reporting ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic arrangements ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... and sensitivity of the member data and assets they protect." As such, APRA has issued all super funds an assignment. All RSEs must perform a self-assessment of their existing information security controls, which must include evaluating the effectiveness ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... processes." There was also a high reliance on the investment manager's valuation policies and processes, especially for platform RSEs, when it came to externally managed assets. When it comes to liquidity risk management, APRA found eight trustees, comprising ...

HESTA to pay members impacted by COVID revaluations

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... trustees' oversight of unlisted asset valuations, finding many super fund boards don't question valuations. In a letter to RSEs, APRA reminded super funds of the need to have a robust asset valuation governance framework.

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... account growth rate (three-year average) of -9.23%, the fourth largest decline across all registerable superannuation entities (RSEs). It also had the seventh largest decline in net cash flows (-3.9%) averaged over three years. Over the same period ...

Insignia Financial looks to slash redundancy entitlements

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2024
... leadership team and the company's operating model. And, earlier this week, it was announced one of its superannuation RSEs, OnePath, has entered a court enforceable undertaking with APRA and paid a $10.7 million fine as it continues to identify members ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... according to regulatory standards. He said as advocates for consumers, they expect that Registrable Superannuation Entities (RSEs) are currently reviewing their obligations and conducting these assessments to ensure compliance, adding that APRA should ...

Trustee boards fail to challenge unlisted valuations: APRA

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
... trustees' oversight of unlisted asset valuations, finding most super fund boards don't question valuations. In a letter to all RSEs, APRA reminded them of the need to have a robust asset valuation governance framework, after a survey it conducted in ...
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