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ARTICLE · 03 MARCH 2021

Superannuation update – regulator updates, legislation and cases

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Commentary on regulator updates, legislation and cases relating to superannuation.

AustraliaEmployment and HR
Luke Hooper
Luke Hooper
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Regulator updates

APRA's 2021 supervision and policy priorities (1 February 2021)  

APRA released its policy and supervision priorities for the coming year. In line with APRA's 2020-2024 Corporate Plan, a key focus is to further "enhance the resilience and crisis readiness of Australia's financial system". The regulator has outlined that it intends to meet this focus by delivering policies developed in the following areas over the next 12 to 18 months:

  • Superannuation:
    • Strategic Planning and Member Outcomes (SPS/SPG 515 and SPG 516)
    • Insurance in Superannuation (SPS 250/SPG 250)
    • Investment Governance (SPS 530)
    • Outsourcing (SPS 231)
    • Risk Management (SPS 220)

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This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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