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Executive Director Jane Magill says trustees must strengthen retirement support and prepare for the operational, investment and liquidity challenges of a maturing superannuation system.
APRA has imposed licence conditions on Bendigo and Adelaide Bank Limited (Bendigo Bank) following findings of longstanding and pervasive weaknesses in the bank's non-financial risk management framework and the failure of the bank’s previous efforts to deliver sustainable improvement.
Bendigo and Adelaide Bank Limited (Bendigo Bank) has conceded it has breached its obligations under the Banking Executive Accountability Regime (BEAR) in relation to a 2023 cyber attack involving its Alliance Bank business.
APRA has released its response to submissions on the consultation to remake three Level 3 conglomerate prudential standards ahead of their scheduled sunset on 1 October 2026.