Strengthening investment governance for Australian superannuation funds
In July 2022, the Australian Prudential Regulation Authority (APRA) released an updated Investment Governance Prudential Standard, SPS 530 that commences shortly on 1 January 2023. APRA announced that superannuation fund trustees, “must maintain a sound investment governance framework, which focuses on managing relevant risks and returns.” Why is investment governance important? Investment governance sees that …
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