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Brief
"On 06/12/2024", the "Australian Prudential Regulation Authority" issued an update regarding "APRA finalises enhancements to superannuation data collections". The APRA has responded to a consultation on enhancing superannuation data collections, aiming to improve member outcomes through accurate and comparable data. This enhancement addresses gaps in current investment data, reporting trustee boards, and product distribution arrangements, ultimately strengthening APRA's ability to assess fund resilience and governance effectiveness.
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