Find the latest media releases, statistics, and publications from APRA — offering timely updates, insights, and official communications to keep you informed.
The letter released today follows the publication of the final Prudential Standard CPS 511 Remuneration in August 2021, and APRA's commitment to publish the findings of a review of its implementation.
The findings of the review focus on the governance practices followed by RSE licensees identified as holding the private equity technology company, Canva Pty Ltd (Canva).
The annual test is designed to improve member outcomes by assessing the long-term performance of superannuation products against tailored benchmarks, with consequences for those that fail.
This publication provides key insights on the Quarterly Superannuation Performance statistics and the Quarterly MySuper Statistics report for the June 2023 quarter.
The exemption applies from 15 August 2023 and removes the requirement to obtain approval to own or control an RSE licensee for certain RSE licensee directors holding shares in the RSE licensee, where they are not entitled to a personal financial benefit from the shareholding.
The final determination released today removes the need for APRA to make individual determinations for every MySuper product for which performance histories are required to be combined.