NEWS:

• APRA on the warpath re fund expenditure. "Where APRA identifies practices which fall short of legal requirements, APRA will utilise the full range of its powers to hold an RSE licensee accountable."
• Super funds on track for 3rd consecutive year of robust returns. AMP includes crpyto in it's super portfolio.
• ATO approves NPP as payment method for payday super.

BIG IDEA:

• Framing, and why it matters in super

OUR RECOMMENDATIONS:

• Sarah recommends 'Coaching real leaders' HBR podcast.
• Neil recommends fyxer.ai to help manage and write emails for you (but just be careful it doesn't create more work for you!)

NEWS:

• Div296/$3m super tax/unrealised gains
• tax benefits from super more than cost of age pension system
• APRA tells funds to get on with consider MFA
• impacts of super AML exemption
• Joe Longo (ASIC Director) tells super directors to do better
• And speaking of directors, CPS510 (Governance) out for consultation
• Quality of Advice review - second tranche of legislation finally on the way

BIG IDEA:

• how to successfully navigate a business case for software when the outcome isn't certain (because it never is)
• how to manage up - HBR Women at Work podcast

RECOMMENDATIONS:

• nominate yourself or someone else for an award. It's worth the effort.
• IBR Annual Future Risks 2025: Superannuation Risks and Governance Conference, 9-10 July 2025, Sydney. Register here.