The Australian Prudential Regulation Authority has released a letter to Registrable Superannuation Entity licensees setting out initial observations, examples of better practice and areas for improvement on expenditure outcomes to support compliance with legal duties and improve member outcomes, reaffirming this as an ongoing supervisory focus due to its impact on members.
Australian Prudential Regulation Authority 2025-06-24
Australian Prudential Regulation Authority issues letter to RSE licensees on expenditure outcomes and members’ best financial interests
The Australian Prudential Regulation Authority issued a letter to Registrable Superannuation Entity licensees highlighting initial observations, best practices, and areas for improvement in expenditure outcomes to enhance compliance with legal duties and member outcomes. This remains a supervisory focus due to its significant impact on members.