Posts tagged risk management
APRA and ASIC Warn Superannuation Funds Must Ensure Member Fees Are Appropriate and Correct 
APRA and ASIC Warn Superannuation Funds Must Ensure Member Fees Are Appropriate and Correct 

In a letter sent to registerable superannuation entity (RSE) licensees on 10 April 2019, APRA and ASIC reinforced the importance of oversight to ensure fees charged to members are correct and in their best interest. This included a range of issues and ‘approaches for actions’ to address the oversight.  

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administration, superannuation, technology, dataGuest Userinvestigate, tom seel, apra, asic, oversight, member fees, remedial actions, preventative measures, software, qmv, rgour, data quality, risk management, riles, schedules, data checks
Take Control To Restore Public Trust In Financial Services
Take Control To Restore Public Trust In Financial Services

The risks of managing other people's money have been laid bare over the course of the ongoing Royal Commission into Misconduct in the Banking, Superannuation and Financial Services. Taking a closer look at the internal control environment is a sensible place to start rebuilding trust.

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banking, superannuation, regulation, wealth managementGuest UserRoyal Commission into Misconduct in the Banking, Superannuation and Financial Services, financial services, superannuation, royal commission, public, trust, legal, risk, regulatory, operations, compliance, reporting, culture, management, conduct, risk management, data, systems, control, qmv, Kin Fok