Reporting periods and due dates
Financial Sector (Collection of Data) Act 2001
D2A software system for lodgement of forms
Audit requirements

Reporting periods and due dates

The revised reporting requirements for registered superannuation entities represent the following:

1. Quarterly reporting
Those registered superannuation entities with assets equal to and greater than $50 million are required to complete quarterly reporting forms (the 100 series), which collect information about the entity’s statement of financial performance, statement of financial position, directly held investments, use of derivative financial instruments, and exposure concentrations.

Quarterly reporting forms are to be lodged within 25 business days after the end of the reporting quarter.

2. Annual reporting
Annual reporting requirements are applicable to all registered superannuation entities. Annual reporting requirements are classified into the following:

•     Superannuation entities other than those classified as Small APRA Funds and Single-Member Approved Deposit Funds (are required to provide information on an annual basis (the 200 series). Apart from that information outlined in the quarterly forms, these entities are required to provide additional information concerning any transactions with associated parties, and a membership and superannuation entity profile. Trustees of these registered superannuation entities are also required to submit to APRA a Trustee Statement.

•       Small APRA funds and Single-Member Approved Deposit Funds are also required to provide information on an annual basis (300 series). This comprises the information in the 200 series, with the exception of the membership profile, which these smaller funds are not required to submit.

The APRA Annual Return is required to be lodged with APRA within 4 months after the end of the year of income of the superannuation entity.

To go to the set of forms, instructions and frequently asked questions click here.

APRA has developed and coded the forms in D2A and the instructions have been enhanced.

Financial Sector (Collection of Data) Act 2001

The reporting requirements for Superannuation entities have been given legal effect through Superannuation Reporting Standards determined under the Financial Sector (Collection of Data) Act 2001. The final Reporting Standards have been tabled in Parliament and are also available on the APRA web site.

To go to the list of Reporting Standards click here
To go to the Financial Sector (Collection of Data) Act 2001 click here

D2A software system for lodgement of forms

The forms are currently being coded into the data submission software known as Direct to APRA (D2A), with roll out of the forms for industry testing planned to occur in February 2004. As part of the implementation of the new reporting regime, registered superannuation entities will need to use D2A to lodge the new prudential forms with APRA. D2A lets registered superannuation entities enter data, validate the information entered and then digitally sign and submit the information in an encrypted form. To find out more about D2A click here

Audit Requirements

Those forms comprising the APRA Annual Return that are subject to audit review are highlighted in the forms for superannuation entities - Audit Report under SIS Act describing the responsibility of the approved auditors.