Business Services Industry
[308] APRA outlines superannuation regulatory issues.(Australian Prudential Regulation Authority)(Brief Article)
Australasian Business Intelligence, March, 2005 by Jones, Stuart
Mar 16, 2005 (Weekly Tax Bulletin - ABIX via COMTEX)
The Australian Prudential Regulation Authority (APRA) reviewed APRA-regulated superannuation funds in 2003-04. Prudential issues stemming from the review and emerging super trends are discussed in the edition of "APRA Insight" for the December 2004 quarter. Topics including self-insurance, de facto public offer funds, instalment warrants and alternative investments are covered. The watchdog reminds trustees of APRA-regulated funds offering "investment choice" that they are legally obliged to have an investment objective underlying their investment strategy.
Publication Date: 4 March 2005
AUSTRALIAN PRUDENTIAL REGULATION
AUTHORITY
By Stuart Jones
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