The Australian Prudential Regulation Authority (APRA) has indicated it is harder to persuade trustees of
Minister for Financial Services, Stephen Jones, has announced the expansion of the Consumer Data Right into superannuation will not happen for at least two years.
Vision Super and Active Super have signed a merger heads of agreement and announced who will be chief executive of the combined fund.
The registrations of 29 self-managed superannuation fund auditors have been cancelled for failing to lodge annual statements.
Natalie Previtera, acting chief executive at NGS Super for the last nine months, has been permanently appointed to the role with unanimous board support.
The SMSF Association has welcomed the Senate Economics Legislation Committee’s decision for the Government to revisit legislative amendments that target franked distributions funded by capital raisings.
AvSuper is expecting to sign a heads of agreement to merge with Australian Retirement Trust this quarter and to complete the merger by Q1 2024.
A property developer has been charged with fraud for misappropriating funds withdrawn from investors’ super funds and savings accounts to invest in a Queensland development.
Helen Rowell, deputy chair at APRA, will step down at the end of June after more than 21 years at the prudential regulator.
The two industry super fund-owned firms have confirmed they are exploring the merits of a potential merger at the request of significant shareholders.