Authority to Offer a MySuper Product - Australian Government

Description

You must apply for this authority to offer a class of beneficial interest as a MySuper product. You can only apply for this authority if you are a licensed trustee. This authority applies to your registered superannuation entity (RSE).

MySuper is an Australian Government initiative to provide low-cost and simple super products for employers to use as their default super fund. You must apply for this authority for each MySuper product that you intend to offer.

This authority does not apply to a fund with fewer than five members or to an eligible rollover 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 the Contact Officer for more information regarding eligibility requirements.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application Sole Trader, Partnership, Company, Trust, Co-operative, Incorporated Association, Other

No fees are required.

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

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)