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Posted on May 8th, 2012
This discussion paper describes APRA’s proposed approach for authorising MySuper products. RSE licensees will need to be authorised by APRA to offer MySuper products from 1 July 2013, and most employers will be required to make default contributions to a registrable superannuation entity offering a MySuper product from 1 October 2013. Prudential [...] Posted on May 6th, 2012
The Australian Prudential Regulation Authority (APRA) has released its response to submissions on the implementation of prudential standards for the superannuation industry. This response package follows release in September 2011 of APRA’s discussion paper, Prudential standards for superannuation, which outlined APRA’s approach to the introduction of prudential standards for the superannuation industry. In [...] Posted on April 26th, 2012
The Australian Prudential Regulation Authority (APRA) has published the first edition of its revised Insight publication with an overview of the superannuation industry and of the Government’s Stronger Super reforms. Contents: Superannuation industry overview Posted on April 9th, 2012
An important function of a superannuation fund is to accept contributions or to grant benefit accruals in the case of a defined benefit fund.2 The purposes of this Superannuation Prudential Practice Guide (SPG) are to assist the trustee in ensuring it complies with the SIS legislative requirements relating to contributions and benefit accruals, [...] Posted on April 9th, 2012
An important function of a superannuation fund is to pay benefits out of the superannuation system to members and dependants, as well as between funds by way of rollover or transfer. The purposes of this Superannuation Prudential Practice Guide (SPG) are to assist the trustee in ensuring it complies with the SIS legislative [...] 10 pages
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