Australian Prudential Regulatory Authority

Policy and Regulation

How regulation costs members

Lawyer and superannuation executive David Galloway gives his thoughts on some of the most costly pieces of regulation impacting on members. Some trustees might feel a justifiable sense of confusion around the issue of regulatory costs savings. While the government has established a regulatory cost saving initiative, that didn’t prevent it inflicting a new SuperStream […]
CIO profiles

NGS Super appoints first-ever CIO

NGS Super has appointed Mary Jane Fallon as its first ever chief investment officer in a role that will see the $5-billion fund take a more dynamic approach to avoiding risk and capturing opportunities. Fallon, who is leaving Energy Industries Superannuation Scheme and will join NGS Super at the end of this month, will be […]
Custody

Due diligence of fund
managers overlooked

The responsibilities of superannuation trustees are many and varied. One of these responsibilities is being accountable for the robustness of the risk, compliance and operational processes of service providers appointed by the fund. The position of the Australian Prudential Regulation Authority (APRA) on this matter is very clear. Accountability for any functions, including investment management, […]