explain the strategy and risk behind a portfolio or mandate

Policy and Regulation

APRA: trustees need to wise up

Trustees do not need to have the investment judgement of the consultants they employ, but they must be able to demonstrate an understanding of the advice they receive, a senior manager at the Australian Prudential and Regulation Authority (APRA) has said. In a presentation to delegates at the Australian Institute of Superannuation Trustees’ Australian Superannuation […]