Greater clarity around APRA’s Prudential Standards for Superannuation

30 April 2012

The Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012 (the Bill) confers on APRA a prudential standards making power for regulated superannuation entities (RSEs).

Following the release of a Discussion Paper on APRA’s proposed approach to implementation of the prudential standards on 28 September 2011, APRA invited comments on its proposals. Click here to see Corrs’ In Brief regarding the Discussion Paper.

On 27 April 2012 APRA published its Response to Submissions together with eleven draft Prudential Standards.

This In Brief provides a summary of APRA’s Response to Submissions and the draft Prudential Standards together with commentary on areas we consider may be of interest to our clients.

Click 'Download' to read the full article.

The content of this publication is for reference purposes only. It is current at the date of publication. This content does not constitute legal advice and should not be relied upon as such. Legal advice about your specific circumstances should always be obtained before taking any action based on this publication.

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Michael Chaaya

Partner. Sydney
+61 2 9210 6627


Christine Maher

Consultant. Brisbane
+61 7 3228 9413