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APRA moves to ensure improved member outcomes

Published: September 22, 2023

APRA is updating Prudential Standard 'Strategic Planning and Member Outcomes' (SPS 515) to enhance member outcomes in superannuation, including requiring trustees to justify business-related expenses.

Source: financialstandard.com.au

Related Topics:

Margaret ColePrudential StandardStrategic PlanningMember OutcomeSole Purpose Test