Prudential map for superannuation
The prudential framework currently in force for the superannuation industry is summarised below in risk-based categories. This page is intended to clarify how the standards and guidance fit together.
The standards and practice guides are available here.
Last updated 27 June 2023
Governance
Topic | Title | Standard | Guidance |
|---|---|---|---|
Board | Governance | SPS 510 | SPG 510 |
Accountability | Fit and Proper | SPS 520 | SPG 520 |
Conflicts of Interest | SPS 521 | SPG 521 | |
Audit | Audit | SPS 310 | SPG 310 |
Remuneration | Remuneration | CPS 511 | CPG 511 |
Risk management
Topic | Title | Standard | Guidance |
|---|---|---|---|
Risk Management | Risk Management | SPS 220 | SPG 220 |
Market Risk | Margining | CPS 226 | - |
Operational Risk | Fraud Risk Management | - | SPG 223 |
Outsourcing | SPS 231 | SPG 231 | |
| Business Continuity Management | SPS 232 | SPG 232 |
| Pandemic Planning | - | CPG 233 |
| Information Security | CPS 234 | CPG 234 |
| Managing Data Risk | - | CPG 235 |
| Climate Change | - | CPG 229 |
Business operations
Topic | Title | Standard | Guidance |
|---|---|---|---|
Business Operations | Strategic Planning and Member | SPS 515 | SPG 515 |
Defined Benefits | SPS 160 | SPG 160 | |
| Insurance in Superannuation | SPS 250 | SPG 250 |
| Contribution and Benefit Accrual | - | SPG 270 |
| Payment Standards | - | SPG 280 |
| Operational Risk Financial Requirement | SPS 114 | SPG 114 |
| Business Performance Review | - | SPG 516 |
| Investment Governance | SPS 530 | SPG 530 |
| Valuation | - | SPG 531 |
Recovery and resolution
Topic | Title | Standard | Guidance |
|---|---|---|---|
Resolution | Resolution Planning (2024) | CPS 900 | CPG 900 |
Recovery | Recovery and Exit Planning (2024) | CPS190 | CPG 190 |
| Successor Fund Transfers | - | SPG 227 | |
| Eligible Rollover Fund (ERF) Transition | SPS 450 | - |