An APRA executive testifies about IOOF at the Banking Royal Commission
Channel: Banking Royal Commission
Date: 2018-09-08

[5.21] Stephen Glenfield, an executive at the Australian Prudential Regulation Authority (APRA), is being questioned over the regulator's inability to force wealth manager IOOF to act in the best interests of its superannuation fund members nor to change its structure in a way that overcomes internal conflicts of interest.

Recorded on 17 August 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne.

Testimony held during the fifth round of public hearings focusing on the conduct of superannuation trustees in Australia at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

Exhibits:
https://bit.ly/2wSxBmG

Transcript:
https://bit.ly/2wKMarR

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© Commonwealth of Australia 2018.

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