The revised reporting requirements for registered superannuation entities represent the following:
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.
- 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 (SAFs) and Single-Member Approved Deposit Funds (SMADFs) are required to provide information on an annual basis (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.
- SAFs and SMADFs 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 and instructions click here.
APRA has developed and coded the forms in D2A and the instructions have been enhanced.
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.