Retirement Savings Accounts Levy - Australian Government

Description

You will be required to pay this levy if you are the provider of retirement savings accounts.

A retirement savings account (RSA) is an account offered by banks, building societies, credit unions, life insurance companies and prescribed financial institutions (RSA providers). It is used for retirement savings and is similar to a superannuation fund.

Please consult the Contact Officer for more information.

Service type

Licence

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

Eligibility requirements

Please consult with the Contact Officer for information on any eligibility requirements.

Duration

This levy must be paid annually.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

The amount required to pay is the sum of the restricted levy component and the unrestricted levy component for the financial year. Please consult the Contact Officer for information on fees to be submitted.

Forms

Task Business Structure Resources
Apply All Retirement Savings Account Levy - Please consult the Contact Officer for information on forms to be submitted.

Act(s) name

Retirement Savings Account Providers Supervisory Levy Imposition Act 1998 AG

Regulation(s) name

Retirement Savings Account Providers Supervisory Levy Imposition Determination 2015 AG

Administering agency

Australian Prudential Regulation Authority

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries

Australian Prudential Regulation Authority

Toll Free: 1300 558 849
Phone: 02 8037 9015
Contact us website: http://www.apra.gov.au/Pages/Contact-APRA.aspx (Opens in new window)
Website: Australian Prudential Regulation Authority (Opens in new window)