Policy and Regulation

Policy and Regulation

Micro reforms have created confusion: expert panel

Three super and insurance industry experts say the “brave new world” of super - post budget, productivity and royal commissions - has resulted in some residual confusion.

Meredith BoothNovember 15, 2020

Policy and Regulation

Performance measurement shouldn’t impact strategy: Rowell

Trustees have the flexibility to set their strategies, but if they're not delivering value to members they might not be delivering the right strategies, APRA's Helen Rowell told an FSC panel.

Matthew SmithNovember 9, 2020

Policy and Regulation

Stephen Jones: Strong industry consultation needed

The Labor MP expressed support for some kind of a performance benchmark to hold underperforming funds to account, but he said the government’s current proposal falls short during an interview on Monday.

Matthew SmithNovember 2, 2020

Policy and Regulation

25 funds likely to fail new performance test, analysis shows

REST Super is among the funds likely to fall short of the government's new performance benchmark even though its MySuper product also stands to be one of the major beneficiaries of the proposed ‘stapling’ changes.

Jessica SierOctober 28, 2020

Policy and Regulation

Good engagement creates better policy

The key to addressing complexity and subjectivity in my experience is through good engagement. For engagement to work there needs to be a level of trust. Trusting can be difficult when significant agency issues exist.

David BellOctober 21, 2020

Policy and Regulation

Shifting policy influence resulted in poor performance test

The shift of policy influence in recent years from Treasury to the ministers’ offices has likely contributed to the design of government's new performance measurement which has been panned by experts.

Matthew SmithOctober 19, 2020

Policy and Regulation

Stapled super to pile pressure on small to medium sized industry funds

While super stapling is a natural industry progression and a plus for consumers, the changes will curb some of the benefits smaller industry funds rely on to survive, which could further accelerate merger activity.

Tahn SharpeOctober 7, 2020

Policy and Regulation

Superannuation law: A matter of interpretation

It is no longer solely the domain of lawyers and judges to interpret the regulatory obligations placed on superannuation funds. It is an increasingly important skill for senior executives, risk, compliance, and even project and IT professionals.

Jonathan SteffanoniAugust 31, 2020

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