Since 1 July 2004 persons or bodies corporate must obtain a licence before acting as a trustee of an APRA regulated superannuation entity. Persons or bodies corporate that were trustees at 30 June 2004 have until 30 June 2006 to obtain a licence.
As the transition period comes to a close APRA has issued FAQ’s.
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Posted 17th June 2005 by David Jacobson in Financial Services