Recommendations
Listed below are the recommendations from the committee's report on
the Review of the Australian Prudential Regulation Authority: Who will
guard the guardians?
CHAPTER 3: PRUDENTIAL REGULATION
Recommendation 1
That the Government review Regulation 6.21(3A) of the Superannuation
Industry (Supervision) Act 1993 to make it less onerous for working
people over the age of 65 to continue to contribute to a superannuation
fund. (para 3.42)
Recommendation 2
That APRA provide yearly statistics which include the location and level
of face to face banking in Australia. (para 3.58)
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