Superannuation Prudential Standards - Australian Government

Description

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.

Please consult the Contact Officer for more information and to ascertain the level of compliance (if any) that may be required.

Service type

Code of Practice

A code of practice is a set of rules which details how people in a certain industry should behave. A code of practice can be defined as a result of legislation or by industry regulators and bodies.

Other resources

Act(s) name

Superannuation Industry (Supervision) Act 1993 Australian Government

Regulation(s) name

Superannuation Industry (Supervision) Regulations 1994 Australian Government

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.

Please use these contact details for help or more information:

Enquiries

Australian Prudential Regulation Authority

Phone: 1300 558 849
Email: info@apra.gov.au
Website: Australian Prudential Regulation Authority (Opens in new window)