APRA fine against Mercer (super governance)
regulatory review26 June 2024
Respondent
Mercer Superannuation (Australia)
Facts
APRA review concluded Mercer Super governance + risk management did not meet prudential expectations; required undertakings.
Outcome
Court-enforceable undertaking; board reforms.
Read the source
https://apra.gov.au/news-and-publications/Rules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.