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APRA and ASIC release notes on inaugural Superannuation CEO Roundtable

Tuesday 29 June 2021

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) are releasing the public notes on the inaugural Superannuation CEO Roundtable held on Friday 30 April 2021.

The Roundtable was hosted by APRA Deputy Chair Helen Rowell, and ASIC Commissioner Danielle Press. It was attended by 11 superannuation trustee CEOs, representing all sectors of the industry.

The event focused on the implementation of SPS 515 Strategic Planning and Member Outcomes (SPS 515) and Product Design and Distribution Obligations (DDOs), and how their requirements are complementary and together challenge trustees to have a “continuous improvement” mindset.

The notes can be found on the APRA website at: APRA and ASIC host inaugural Superannuation CEO Roundtable.

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Contact APRA Media Unit, on +61 2 9210 3636

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For more information contact APRA on 1300 558 849.

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $7.7 trillion in assets for Australian depositors, policyholders and superannuation fund members.