You will be required to comply with these standards if you operate as a RSE (Registrable Superannuation Entity) licensee. The Agency has enacted a collection of prudential standards to ensure RSEs are operated appropriately. The standards set out operational requirements for different aspects of superannuation provision, including:
- operational risk
- defined benefits
- risk management
- outsourcing
- business continuity management
- insurance in superannuation
- audit and related matters
- MySuper transition
- Eligible Rollover Fund (ERF) transition
- governance
- fit and proper conduct
- conflicts of interest
- investment governance.
