Approval as a Retirement Savings Account Institution - Australian Government

Service summary

You will require this approval if you operate an institution intending to offer and provide a Retirement Savings Account (RSA). An RSA is a type of superannuation product that only approved RSA institutions can offer.

RSA's will provide benefits upon retirement or death and may also provide a limited range of other benefits. They have certain restrictions placed upon them to make them similar to other superannuation products.

Please consult the Contact Officer for more information.

Service type


A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this approval you must be a constitutional corporation that is:

  • An authorised deposit-taking institution;
  • A life insurance company; or
  • A prescribed financial institution.

Please consult the Contact Officer for more information regarding eligibility requirements.


Ongoing unless revoked.



There is a $500 non-refundable application fee.

Administering agency

Australian Prudential Regulation Authority

Act(s) name

Retirement Savings Accounts Act 1997 (Australian Government)

Regulation(s) name

Retirement Savings Accounts Regulations 1997 (Australian Government)

Contact details

Australian Prudential Regulation Authority


02 8037 9015

Toll Free:

1300 558 849

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