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APRA releases response to consultation on Phase 2 of the Superannuation Data Transformation project

Monday 29 August 2022

The Australian Prudential Regulation Authority (APRA) has released a response paper emphasising the timelines and scope for Phase 2 of the Superannuation Data Transformation (SDT) project.

APRA’s SDT project aims to drive better industry practices and improve member outcomes through heightened transparency. Phase 2 "Depth" will explore new and better approaches to data reporting, across all areas of superannuation fund operations.

The response paper, including the revised timeline, and non-confidential submissions are available on the APRA website at: Phase 2 Depth.

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Contact APRA Media Unit, on +61 2 9210 3636

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For more information contact APRA on 1300 558 849.

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $7.9 trillion in assets for Australian depositors, policyholders and superannuation fund members.