Chanticleer
APRA probes big super on Canva
Superannuation regulator the Australian Prudential Regulation Authority has questioned a handful of industry super funds about their approach to valuing the high-profile tech stock.
It is reassuring and shocking to know that the superannuation regulator, the Australian Prudential Regulation Authority, is questioning a handful of industry super funds about their valuation of high-flying tech stock Canva.
The news is reassuring because it says the prudential regulator takes seriously its obligations to protect super fund members by ensuring equity between members leaving and joining funds with daily unit pricing.
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