PolicyTax & SuperSuperannuationPrint article‘Delayed, deprioritised’: APRA fails on unlisted super risksHannah WoottonColumnistJul 17, 2023 – 5.00amSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginSuper funds are not being properly scrutinised as they build up huge portfolios of illiquid unlisted assets, putting Australians’ retirement savings at risk, the authority that oversees the financial regulators has warned.A review by the Financial Regulator Assessment Authority, run by former Macquarie chief executive Nicholas Moore, declared the prudential regulator had fallen short in its oversight of how funds value assets such as office buildings, infrastructure and private equity funds.Loading...Hannah Wootton is a Rear Window columnist, based in Melbourne. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreSuperannuationAPRARegulationOfficeRetirement livingLatest In Tax & superFetching latest articlesMost Viewed In PolicyThe Australian Financial Review MagazineWhat lurks beneath the stand-off over Sydney’s $750m new fish marketPrimrose RiordanWhy these Australian wines are at risk of extinctionHow much to tip? And other restaurant conundrums to chew onBOSS Financial ReviewFrom number-cruncher to CEO: This boss’ unexpected path to the top36 mins agoSally Patten and Mandy CoolenHow this CEO wrote a report while cooking noodlesHow execs slay the horror ‘sandwich’ of work, kids and ageing parentsLife & LeisureWhy the fastest woman in the world was six seconds short36 mins agoLuke BenedictusControversies aside, this Whoop tracker could slow your ageingWhy Sydney has been declared the steak capital of the worldRich ListMike Cannon-Brookes loses two executives from private office GrokPrimrose RiordanShuffle follows Stake into the gutterToorak Rich Listers caught up in mansion fire
