Each year for the past 11 years, PwC has surveyed over 70 fund managers and super funds to capture the issues that are shaping the risk and compliance landscape in the industry. This article reflects on recent events affecting our industry and the results of the 2018 PwC Wealth Management Risk and Compliance Benchmarking Survey (the PwC Survey) to provide practical steps trustees can consider when managing risk and compliance in this challenging environment. The Australian superannuation industry has enormous responsibility as the custodian of one of the largest pools of savings in the world. While our superannuation system is...