Super system 'can do better': APRA chair
Wayne Byres discussed the sector at a FINSIA event. Australia’s $3. 5 trillion superannuation savings pool is a key asset, but the “system can be better”, the APRA chair has said. Addressi
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Wayne Byres discussed the sector at a FINSIA event. Australia’s $3. 5 trillion superannuation savings pool is a key asset, but the “system can be better”, the APRA chair has said. Addressi
Wayne Byres discussed the sector at a FINSIA event. Australia’s $3. 5 trillion superannuation savings pool is a key asset, but the “system can be better”, the APRA chair has said. Addressi
Michelle Bullock and Wayne Byres say as links between crypto and traditional finance grow, digital currency will need more oversight.
Jane Hume said the prospect that industry funds would use members’ retirement savings to pay for regulatory breaches did not sit “comfortably” with her.
The Australian Prudential Regulation Authority has sent a letter to the entities within its purview outlining plans for developing a framework and advising them of expectations for the meantime.