In May 2009 the Government commissioned a review into the governance, efficiency, structure and operation of Australia’s Superannuation System (“Cooper Review”) to provide it with recommendations on how to make superannuation simpler, safer and more efficient.

The Financial Services Council has announced a new benchmark for transparency and governance in superannuation which will become mandatory for its Member companies.

The Bank for International Settlements has released a working paper on the sustainability of pension schemes, which suggests that changes in real returns have a disproportionate impact on service costs for pension schemes.

The Organisation for Economic Cooperation and Development has released a working paper which argues that, while there is a clear need to better protect retirement income from financial market volatility, the costs and benefits of investment return guarantees should be carefully evaluated.

Asia’s pension systems need modernising urgently to deliver secure, sustainable and adequate retirement incomes for today’s workers in the context of the rapid population ageing that will occur over the next two decades, according to a new report from the Organisation for Economic Cooperation and De

The Australian Prudential Regulation Authority announced that it has accepted an enforceable undertaking from former Trio Capital Limited director Natasha Beck.

The Australian Prudential Regulation Authority today released a discussion paper and two draft prudential practice guides for superannuation trustees in the areas of contribution and benefit accrual standards, and payment standards.

The Australian Prudential Regulation Authority today announced it has accepted enforceable undertakings from former Trio Capital Limited directors Rex Phillpott and David Andrews.

The Australian Prudential Regulation Authority has released for consultation a discussion paper introducing its proposals for prudential standards for the superannuation industry.

The Australian Prudential Regulation Authority today announced it has accepted an enforceable undertaking from former Trio Capital Limited (“Trio”) director David O’Bryen.