DRAFT September These instructions assist completion of Reporting Form SRF Services (SRF 231.0).

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "DRAFT September 2012. These instructions assist completion of Reporting Form SRF 231.0 Services (SRF 231.0)."

Transcription

1 Reporting Form SRF Services Instructions DRAFT September 2012 These instructions assist completion of Reporting Form SRF Services (SRF 231.0). SRF collects information relating to all services provided to an RSE both by the RSE licensee and by external service providers. Information reported in SRF is required for prudential and publication purposes. Reporting level SRF must be completed for each: RSE excluding SAFs and SMADFs; and RSE licensee of SAFs or SMADFs. Interpretation For the purposes of this instruction guide: AASB means the Australian Accounting Standards Board; RSE means a registrable superannuation entity as defined in section 10 of the SIS Act; RSE licensee means a constitutional corporation, body corporate, or group of individual trustees, that holds an RSE licence granted under section 29D of the SIS Act; Single Member Approved Deposit Fund (SMADF) means a superannuation entity that is an approved deposit fund within the meaning of the SIS Act and has only one member; SIS Act means Superannuation Industry (Supervision) Act 1993; and Small APRA Fund (SAF) means a superannuation entity that is a regulated superannuation fund within the meaning of the SIS Act that has fewer than five members. Specific instructions Report all items as at the end of the reporting period, including with respect to events that occurred during the reporting period. Report the fair value, within the meaning given in AASB 13 Fair Value Measurement, in thousands of dollars for all items unless otherwise specified. SRF Instructions - 1

2 Report all items in accordance with the Australian Accounting Standards unless otherwise specified. Terms highlighted in bold italics indicate that the definition is provided in these instructions. Additional definitions are provided at the end of these instructions. Notifying APRA of new outsourcing agreements and updated information Prudential Standard SPS 231 Outsourcing (2012) (SPS 231) requires an RSE licensee to notify APRA as soon as possible after entering into an outsourcing agreement, and in any event, no later than 20 business days after execution of the agreement. This notification requirement applies to all outsourcing of material business activities. An RSE licensee may use SRF for the purposes of notifying APRA that it has entered into a new outsourcing agreement. Note, however, that the summary of the key risks involved in the outsourcing agreement and the risk mitigation strategies in place to address these risks required in SPS 231 will have to be notified separately to APRA. In addition, an RSE licensee is encouraged to update the services reported on SRF during a reporting period where a new service provider is appointed, or an arrangement with an existing service provider ceases. Where a new service provider is appointed, report new service provider and where the RSE licensee no longer has an agreement with an existing service provider, report no longer a service provider of RSE licensee in column 5 of item 1. Report blank if an existing service provider has not otherwise changed. Details of services Item 1 collects information about all services undertaken by the RSE licensee itself and each service provided to the RSE licensee s business operations by external service providers with respect to the RSE, by type of service provider. Item 1 Report the role performed by the service provider in column 1. The types of roles are: accountant, actuary, administrator; approved auditor; custodian, insurer professional indemnity insurance; insurer; internal auditor; investment advisor; investment manager; lawyer or other role. Report the description of the other role in column 2 where other role is reported in column 1. Report the type of service provider in column 3. The types of service providers are: external associate provider, external non- associate provider and RSE licensee as provider. If the service provided is a material business activity, report yes in column 4; otherwise, report no. Where a new service provider is appointed, report new service provider and where the RSE licensee no longer has an agreement with an existing service provider, report no longer a service provider of RSE licensee in column 5. Report existing if an existing service SRF Instructions - 2

3 provider has not otherwise changed. Report the name of the service provider in column 6. For services reported as RSE licensee as provider in column 3, leave column 6 blank. Report the ABN of the service provider in column 7. For services reported as RSE licensee as provider in column 3, leave column 7 blank. Report the cost of the service performed in column 8. Where more than one service provider of the same type undertakes a business activity, report the portion of business activity undertaken by each service provider as a whole number percentage in column 9. Report the date of last review of the service provider as DD/MM/YYYY in column 10. If investment manager is reported in column 1, report the value of investments domiciled in Australia in column 11. If investment manager is reported in column 1, report the value of investments domiciled internationally in column 12. External associate provider External associate provider non- Represents where a business function is undertaken by an outsourced service provider, rather than by the RSE licensee and its employees, and the service provider is an associate of the RSE licensee. Reference: SIS Act, s. 12; Prudential Standard SPS 231 Outsourcing (2012). Represents where a business function is undertaken by an outsourced service provider, rather than by the RSE licensee and its employees, and the service provider is not an associate of the RSE licensee. Reference: SIS Act, s. 12; Prudential Standard SPS 231 Outsourcing (2012). RSE licensee as provider Is the service a material business activity? ABN Date of last review Represents where a business function is undertaken by the RSE licensee and its employees, rather than by an outsourced service provider. Represents whether the service is a material business activity within the meaning given in Prudential Standard SPS 231 Outsourcing. Reference: Prudential Standard SPS 231 Outsourcing (2012). Represents an unique public identifier issued to an entity registered in the Australian Business Register to be used in dealings with government. A company registered under the Corporations Act 2001 or a business entity carrying on an enterprise in Australia is entitled to an ABN. Represents the date on which the RSE licensee most recently reviewed the arrangement with the provider of the services regardless of whether or not a full tender process has occurred. Includes, but is not limited to: the date of engagement of the service provider, or the most recent date SRF Instructions - 3

4 Investments domiciled Australia Investments domiciled internationally in of review and recommitment to continuing use of the service provider. Represents the total value of investments where the investments have been issued in Australia. Reference: AASB 107, paragraph 6 (issued 11 May 2011). Represents the total value of investments where the investments have been issued outside of Australia. Reference: AASB 107, paragraph 6 (issued 11 May 2011). Transactions with associates Item 2 and item 3 collect information about transactions with associates of the RSE. Transactions may be aggregated in item 2 and item 3 only where they occurred during the same reporting period, and where the counterparty, relationship, and the other characteristics of the transactions are the same. Report each transaction with associates as a separate line in item 2 and item 3. Do not report static investments/liabilities with associates for which there have been no transactions during the reporting period. Income transactions with associates Item 2 collects information about income from transactions with associates by type of relationship and type of income. Item 2 Report all income of the RSE which relates to an associate transaction in item 2. Report the name of the associate in column 1. Report the ABN of the associate in column 2. Report the value of income received from the associate in column 3. Report the type of relationship in column 4. The types of relationship are: RSE licensee, connected entity, joint venture, parent entity, other entity, director, employee/contractor/consultant, director of associate, associate of individual director, associate of individual director (nonassociate of RSE licensee) or other person. If other entity or other person is reported in column 4, report a description of the relationship with that entity or person in column 5. Report the type of income received as securities lending, income associated with underwriting activities, fees and commissions, rebates on costs, commissions and charges or other operating income in column 6. If other operating income is reported in column 6, report a description of the income in column 7. SRF Instructions - 4

5 Securities lending income Income associated with underwriting activities Income from fees and commissions Rebates on costs, commissions and charges Represents income derived by the RSE licensee from the lending of equity securities to other parties. Reference: AASB 118, paragraph 7 (issued 30 April 2007). Represents any income or commission associated with the RSE providing or guaranteeing to underwrite the issue of securities (e.g. equity securities) Represents any fee/cost or commission income associated with any form of investment activities of the entity. Reference: AASB 118, paragraph 7 (issued 30 April 2007). Represents any fee/cost or commission income that has been rebated to the entity associated with any form of investment activities of the entity. Reference: AASB 118, paragraph 7 (issued 30 April 2007). Other income operating Represents operating income not otherwise categorised as securities lending income, income associated with underwriting activities, fees and commissions, and rebates on costs, commissions and charges. Expense transactions with associates Item 3 collects information about expense transactions with associates by type of relationship and type of expense. Item 3 Total investment costs Report all expenses of the RSE which relates to an associate transaction in item 3. Report the name of the associate in column 1. Report the ABN of the associate in column 2. Report the value of the expenses paid to the associate in column 3. Report the type of relationship in column 4. The types of relationship are: RSE licensee, connected entity, joint venture, parent entity, other entity, director, employee/contractor/consultant, director of associate, associate of individual director, associate of individual director (nonassociate of RSE licensee) or other person. If other entity or other person is reported in column 4, report a description of the relationship with that entity or person in column 5. Report the type of expense paid as total investment costs, administration costs, advice costs, compliance costs, distribution costs, overhead costs or other operating costs in column 6. If other operating costs is reported in column 6, report a description of the cost in column 7. Represents total of all costs associated with generating income on investments. SRF Instructions - 5

6 Administration costs Advice costs Compliance costs Distribution costs Overhead costs Represents costs paid or payable by the RSE that relate to the administration or operation of the RSE and includes costs incurred by the RSE licensee for payments to external administrators and in relation to the provision of internal administration services. Represents costs paid or payable for all financial advice to members, where financial advice has the meaning given in the Corporations Act Represents costs paid or payable for regulatory obligations including all external and internal audit services, actuarial services and regulatory levies. Represents costs paid or payable for commissions and platform charges. Represents costs paid or payable for legal services, advertising and marketing, staff salaries, directors/rse licensee services, professional indemnity insurance, information technology (IT) services and equipment, investment research costs and any other operating overhead costs. Other costs operating Represents total investment costs, administration costs, advice costs, compliance costs, distribution costs, overhead costs or other operating costs. Glossary of additional items Roles Accountant Actuary Administrator Approved auditor Represents an accounting firm or individual accounting professional engaged to provide accounting services to the RSE. Excludes: accountants engaged to perform internal audit and external audit services. Represents an actuarial consulting firm or an individual consulting actuary who is engaged to provide actuarial advice to the RSE licensee. Reference: SIS Act, s. 10(1). Represents the person or entity responsible for the day-to-day administration or operation of the RSE, including, but not limited to, keeping records, processing contributions, paying benefits, providing annual benefit statements, liaising with members, processing claims. Represents the auditor engaged by the RSE licensee to perform audit activities in relation to the RSE, as required in Prudential Standard SPS 310 Audit and Related Matters (2012). SRF Instructions - 6

7 Asset consultant Custodian Financial planner Implemented consultant Insurer Insurer - professional indemnity insurance Internal auditor Investment manager Lawyer Promoter Other role Represents a person engaged to provide advice and assistance to devise the investment strategy, select fund managers and monitor investment performance. Excludes: implemented consultants. Represents the person or entity that performs custodial functions in relation to any of the assets of the RSE. Reference: SIS Act, s. 10(1). Represents a person engaged with respect to an RSE to provide personal financial advice within the meaning given in the Corporations Act 2001 to members of that RSE. Represents a person engaged with respect of the RSE to select fund managers and manage the investment of the assets of the RSE. Represents the entity from which the RSE licensee acquires insurance in respect of insured benefits provided to beneficiaries. Reference: Prudential Standard SPS 250 Insurance in Superannuation (2012). Represents the entity that provides professional indemnity insurance (including directors and officers insurance) to the RSE licensee. Represents the internal auditor of the RSE licensee. Reference: Prudential Standard SPS 510 Governance (2012); Prudential Standard SPS 231 Outsourcing (2012). Represents an investment manager within the meaning given in s. 10(1) of the SIS Act. Represents a legal firm or an individual lawyer engaged to provide legal advice to the RSE licensee. Represents a person engaged with respect of the RSE to undertake product design and/or marketing services. Represents roles not otherwise categorised as accountant, actuary, administrator, approved auditor, custodian, insurer professional indemnity insurance, insurer, internal auditor, asset consultant, implemented consultant, investment manager, promoter and lawyer. Relationships RSE licensee Connected entity Represents an RSE licensee within the meaning given in s. 10(1) of the SIS Act. Includes: the RSE licensee of the RSE and other RSE licensees. Represents a connected entity within the meaning given in s. 10(1) of the SIS Act. SRF Instructions - 7

8 Joint venture Parent entity Other entity Director Employee/ contractor/ consultant Director associate of Represents a contractual arrangement of the RSE licensee whereby two or more parties undertake an economic activity that is subject to joint control or joint arrangement (an arrangement of which two or more parties have joint control). Represents the parent entity(s) of the RSE licensee, controlled entities of the parent entity(s) of the RSE licensee and joint ventures or associates of the parent entity(s) of the RSE licensee. Represents an entity not otherwise categorised as RSE licensee, connected entity, joint venture or parent entity. Includes: members of the RSE who are a director of the other entity/business. Represents a director of an RSE licensee, within the meaning given in s. 10(1) of the SIS Act. A reference to a director is, in the case of a group of individual trustees, an individual trustee. Includes: spouses of individual directors. Represents a person or entity who is an employee within the meaning given in s. 15A of the SIS Act or engaged to be a contractor or consultant, of the RSE licensee. Represents a director of an associate of the RSE licensee. Include directors of: the parent entity(s) of the RSE licensee; subsidiaries of the parent entity of the RSE licensee; subsidiaries of the RSE licensee; joint ventures or associates of the RSE licensee; and other associates. Associate of individual director (nonassociate of RSE licensee) Represents an entity that is an associate, within the meaning given in SIS Act, s. 12 of a director of an RSE licensee, but is not otherwise an associate of the RSE licensee itself. Other person Represents a person not otherwise categorised as director, employee/contractor/consultant, director of associate, associate of individual director and associate of individual director (non-associate of RSE licensee). SRF Instructions - 8

It includes Form SRF 802.0 Fund Profile and associated specific instructions.

It includes Form SRF 802.0 Fund Profile and associated specific instructions. Reporting Standard SRS 802.0 Fund Profile Objective of this Reporting Standard This Reporting Standard sets out the requirements for the provision of information to APRA relating to the membership profile

More information

DRAFT September 2012. These instructions assist completion of Reporting Form SRF 250.0 Insurance (SRF 250.0).

DRAFT September 2012. These instructions assist completion of Reporting Form SRF 250.0 Insurance (SRF 250.0). Reporting Form SRF 250.0 Insurance Instructions DRAFT September 2012 These instructions assist completion of Reporting Form SRF 250.0 Insurance (SRF 250.0). SRF 250.0 collects information on of the RSE.

More information

DRAFT September 2012. These instructions assist completion of Reporting Form SRF 161.0 Self-Insurance (SRF 161.0).

DRAFT September 2012. These instructions assist completion of Reporting Form SRF 161.0 Self-Insurance (SRF 161.0). Reporting Form SRF 161.0 Self-Insurance Instructions DRAFT September 2012 These instructions assist completion of Reporting Form SRF 161.0 Self-Insurance (SRF 161.0). SRF 161.0 collects information on

More information

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001. Reporting Standard SRS 161.0 Self-Insurance Objective of this Reporting Standard This Reporting Standard sets out the requirements for the provision of information to APRA relating to self-insurance arrangements

More information

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001. Reporting Standard SRS 250.0 Acquired Insurance Objective of this Reporting Standard This Reporting Standard sets out the requirements for the provision of information to APRA relating to acquired insurance

More information

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001. Reporting Standard SRS 535.0 Securities Lending Objective of this Reporting Standard This Reporting Standard sets out the requirements for the provision of information to APRA relating to securities lending

More information

SRF 330.0 must be completed for each RSE, defined benefit RSE, pooled superannuation trust (PST) and eligible rollover fund (ERF).

SRF 330.0 must be completed for each RSE, defined benefit RSE, pooled superannuation trust (PST) and eligible rollover fund (ERF). Reporting Form SRF 330.0 Statement of Financial Performance Instructions These instructions assist completion of Reporting Form SRF 330.0 Statement of Financial Performance (SRF 330.0). SRF 330.0 collects

More information

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001. Reporting Standard SRS 702.1 Investment Performance Objective of this Reporting Standard This Reporting Standard sets out the requirements for the provision of information to APRA relating to the investment

More information

Objectives and key requirements of this Prudential Standard

Objectives and key requirements of this Prudential Standard Prudential Standard SPS 250 Insurance in Superannuation Objectives and key requirements of this Prudential Standard This Prudential Standard establishes requirements for an RSE licensee with respect to

More information

Asset Allocation and Members Benefits Flows

Asset Allocation and Members Benefits Flows Reporting Standard SRS 533.1 Asset Allocation and Members Benefits Flows Objective of this Reporting Standard This Reporting Standard sets out the requirements for the provision of information to APRA

More information

In completing these forms, Level 3 Heads must refer to Prudential Standard 3PS 110 Capital Adequacy (3PS 110).

In completing these forms, Level 3 Heads must refer to Prudential Standard 3PS 110 Capital Adequacy (3PS 110). Reporting Form 3RF 110.0 Level 3 Prescribed Capital Amount Instructions These instructions assist completion of Reporting Form 3RF 110.0 Level 3 Prescribed Capital Amount (3RF 110.0). 3RF 110.0 collects

More information

Governance Toolkit. Insurance Management Framework. Version 1: 1 March 2014 THIS TOOLKIT PROUDLY SUPPORTED BY

Governance Toolkit. Insurance Management Framework. Version 1: 1 March 2014 THIS TOOLKIT PROUDLY SUPPORTED BY Insurance Management Framework Version 1: 1 March 2014 THIS TOOLKIT PROUDLY SUPPORTED BY Purpose of the Governance Toolkits AIST has developed the Governance Toolkits to assist Trustees with maintaining

More information

Objectives and key requirements of this Prudential Standard

Objectives and key requirements of this Prudential Standard Prudential Standard SPS 310 Audit and Related Matters Objectives and key requirements of this Prudential Standard This Prudential Standard establishes requirements for the provision, to the Board and senior

More information

Draft Prudential Practice Guide

Draft Prudential Practice Guide Draft Prudential Practice Guide LPG 270 Group Insurance Arrangements December 2013 www.apra.gov.au Australian Prudential Regulation Authority Disclaimer and copyright This prudential practice guide is

More information

Objectives and key requirements of this Prudential Standard

Objectives and key requirements of this Prudential Standard Prudential Standard SPS 220 Risk Management Objectives and key requirements of this Prudential Standard This Prudential Standard establishes requirements for an RSE licensee to have systems for identifying,

More information

Department: Corporate Secretariat

Department: Corporate Secretariat RESPONSIBLE PERSON POLICY Department: Corporate Secretariat 1 Contents Overview 3 General Principles 4 Fitness 4 Propriety 4 Policies: 4 Entity needs and fitness analysis 4 Identifying responsible person

More information

Information Paper. Superannuation Trustee Liability Insurance. www.apra.gov.au Australian Prudential Regulation Authority.

Information Paper. Superannuation Trustee Liability Insurance. www.apra.gov.au Australian Prudential Regulation Authority. Information Paper Superannuation Trustee Liability Insurance 30 June 2006 www.apra.gov.au Australian Prudential Regulation Authority Copyright The material in this Publication is copyright. You may download,

More information

Superannuation Entities

Superannuation Entities AASB Standard AASB 1056 June 2014 Superannuation Entities Obtaining a Copy of this Accounting Standard This Standard is available on the AASB website: www.aasb.gov.au. Alternatively, printed copies of

More information

Objective and key requirements of this Prudential Standard

Objective and key requirements of this Prudential Standard Prudential Standard GPS 001 Definitions Objective and key requirements of this Prudential Standard The purpose of this Prudential Standard is to define key terms referred to in other Prudential Standards

More information

Objective and key requirements of this Prudential Standard

Objective and key requirements of this Prudential Standard Prudential Standard CPS 231 Outsourcing Objective and key requirements of this Prudential Standard This Prudential Standard requires that all outsourcing arrangements involving material business activities

More information

Prudential Practice Guide

Prudential Practice Guide Prudential Practice Guide SPG 220 Risk Management July 2013 www.apra.gov.au Australian Prudential Regulation Authority Disclaimer and copyright This prudential practice guide is not legal advice and users

More information

Prudential Practice Guide

Prudential Practice Guide Prudential Practice Guide PPG 231 Outsourcing October 2006 www.apra.gov.au Australian Prudential Regulation Authority Disclaimer and copyright This prudential practice guide is not legal advice and users

More information

SPG 223 Fraud Risk Management. June 2015

SPG 223 Fraud Risk Management. June 2015 SPG 223 Fraud Risk Management June 2015 Disclaimer and copyright This prudential practice guide is not legal advice and users are encouraged to obtain professional advice about the application of any legislation

More information

Prudential Standard CPS 231 Outsourcing

Prudential Standard CPS 231 Outsourcing Prudential Standard CPS 231 Outsourcing Objective and key requirements of this Prudential Standard This Prudential Standard requires that all outsourcing arrangements involving material business activities

More information

Objective and key requirements of this Prudential Standard

Objective and key requirements of this Prudential Standard Prudential Standard CPS 520 Fit and Proper Objective and key requirements of this Prudential Standard This Prudential Standard sets out minimum requirements for APRA-regulated institutions in determining

More information

Notification by RSE licensee

Notification by RSE licensee Notification by RSE licensee Section 29JA Superannuation Industry (Supervision) Act 1993 (SIS Act) and section 111(1) First Home Saver Accounts Act (FHSA Act) 2008 All questions in the form must be completed

More information

-17 2015 OUTSOURCING POLICY

-17 2015 OUTSOURCING POLICY Outsourcing Policy TABLE OF CONTENTS EXECUTIVE SUMMARY... 3 Aim & Introduction... 3 POLICY PARAMETERS... 4 Key Terms... 4 Outsourcing Agreement Requirements... 5 MATERIAL OUTSOURCING AGREEMENTS... 6 Board

More information

Governance requirements for RSE licensees: proposed amendments

Governance requirements for RSE licensees: proposed amendments 26 June 2015 To All RSE licensees Background Governance requirements for RSE licensees: proposed amendments The Government has recently released for consultation proposed changes to the Superannuation

More information

AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY SUPERANNUATION CIRCULAR NO. III.E.1 REGULATION OF SMALL APRA FUNDS

AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY SUPERANNUATION CIRCULAR NO. III.E.1 REGULATION OF SMALL APRA FUNDS AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY SUPERANNUATION CIRCULAR NO. III.E.1 REGULATION OF SMALL APRA FUNDS DECEMBER 2000 2 DISCLAIMER AND COPYRIGHT NOTICE 1. The purpose of this Circular is to provide

More information

Prudential Practice Guide

Prudential Practice Guide Prudential Practice Guide SPG 232 Business Continuity Management July 2013 www.apra.gov.au Australian Prudential Regulation Authority Disclaimer and copyright This prudential practice guide is not legal

More information

AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY SUPERANNUATION CIRCULAR NO III.A.6 WINDING-UP A SUPERANNUATION FUND

AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY SUPERANNUATION CIRCULAR NO III.A.6 WINDING-UP A SUPERANNUATION FUND AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY SUPERANNUATION CIRCULAR NO III.A.6 WINDING-UP A SUPERANNUATION FUND April 2002 2 DISCLAIMER AND COPYRIGHT NOTICE 1. The purpose of this Circular is to provide

More information

Business Continuity Management

Business Continuity Management Prudential Standard CPS 232 Business Continuity Management Objective and key requirements of this Prudential Standard This Prudential Standard requires each APRA-regulated institution to implement a whole-of-business

More information

Reporting Standard GRS 130.0 (2005) Off-Balance Sheet Business Credit Substitutes Provided and Risk Charge

Reporting Standard GRS 130.0 (2005) Off-Balance Sheet Business Credit Substitutes Provided and Risk Charge Reporting Standard GRS 130.0 (2005) Off-Balance Sheet Business Credit Substitutes Provided and Risk Charge Objective of this reporting standard This reporting standard is made under section 13 of the Financial

More information

WDS LIMITED WDS PERSONNEL SHARE TRADING POLICY

WDS LIMITED WDS PERSONNEL SHARE TRADING POLICY WDS LIMITED WDS PERSONNEL SHARE TRADING POLICY 1. INTRODUCTION The Corporations Act contains provisions which prohibit a person in possession of material, non-public information relating to a company from

More information

LGSS Pty Limited. November 2014. Version 4

LGSS Pty Limited. November 2014. Version 4 CONFLICTS MANAGEMENT FRAMEWORK (INCORPORATING THE CONFLICTS MANAGEMENT POLICY) November 2014 Version 4 ABN 68 078 003 497 AFSL 383558 Trustee of the Local Government Superannuation Scheme Pool A - ABN

More information

Self managed superannuation funds. A Financial Planning Technical Guide

Self managed superannuation funds. A Financial Planning Technical Guide Self managed superannuation funds A Financial Planning Technical Guide 2 Self managed superannuation funds What is a self managed 4 superannuation fund (SMSF)? What are the benefits? 4 What are the risks?

More information

QUANTUM WARRANTS PTY LTD

QUANTUM WARRANTS PTY LTD QUANTUM WARRANTS PTY LTD submission made to the Corporations and Financial Services Division The Treasury with respect to the proposed Corporations Amendment Regulations 2010 (No.) (proposed Regulations)

More information

THE INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA PROFESSIONAL STANDARDS SCHEME (Victoria)

THE INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA PROFESSIONAL STANDARDS SCHEME (Victoria) THE INSTITUTE OF CHARTERED ACCOUNTANTS IN AUSTRALIA PROFESSIONAL STANDARDS SCHEME (Victoria) PREAMBLE A. The Institute of Chartered Accountants in Australia ("the Institute") is a national occupational

More information

Glossary of Terms ASIC

Glossary of Terms ASIC Glossary of Terms ASIC ABN application reference number A unique 13-digit identifying number issued by the Australian Business Register when applying for an Australian Business Number (ABN). Address in

More information

Financial services guide

Financial services guide Financial services guide The Financial Services referred to in this guide are offered by: Dixon Advisory & Superannuation Services Ltd ABN 54 103 071 665 AFSL 231143 A hard copy of this document is available

More information

Draft Prudential Practice Guide

Draft Prudential Practice Guide Draft Prudential Practice Guide SPG 532 Investment Risk Management May 2013 www.apra.gov.au Australian Prudential Regulation Authority Disclaimer and copyright This prudential practice guide is not legal

More information

Part 1 Independent Auditor s report on financial statements

Part 1 Independent Auditor s report on financial statements Superannuation Industry (Supervision) Act 1993 (SIS Act) Section 35C Approved form This approved form is effective for reporting periods commencing on or after 1 July 2010. Please ensure that all parts

More information

Amendment to the Definition of Public Interest Entity in APES 110 Code of Ethics for Professional Accountants (issued December 2010) December 2011

Amendment to the Definition of Public Interest Entity in APES 110 Code of Ethics for Professional Accountants (issued December 2010) December 2011 Amendment to the Definition of Public Interest Entity in APES 110 Code of Ethics for Professional Accountants (issued December 2010) December 2011 Copyright 2011 Accounting Professional & Ethical Standards

More information

elicensing: Sample application

elicensing: Sample application elicensing: Sample application List of all questions that may be asked in the AFS licence application WARNING: This is not an AFS licence application form. It does not reflect the look and flow of our

More information

Board Charter. HCF Life Insurance Company Pty Ltd (ACN 001 831 250) (the Company )

Board Charter. HCF Life Insurance Company Pty Ltd (ACN 001 831 250) (the Company ) Board Charter HCF Life Insurance Company Pty Ltd (ACN 001 831 250) (the Company ) Board approval date: 27 October 2015 Contents 1. Introduction and Purpose of this Charter...1 2. Role of the Board...1

More information

Interest in Controlled Entities, Associates and Joint Ventures (Level 2 Insurance Group)

Interest in Controlled Entities, Associates and Joint Ventures (Level 2 Insurance Group) Reporting Form GRF 450.0_G Interest in Controlled Entities, Associates and Joint Ventures (Level 2 Insurance Group) Instruction Guide Introduction This form collects information on the Level 2 insurance

More information

Fees and costs. Fees and costs

Fees and costs. Fees and costs Issue date: 1 July 2016 and costs Industry super funds like REI Super are run only to benefit members, which means they charge low fees and return all investment earnings to members accounts. Did you know?

More information

Foreign Exchange Forward Transactions for the nabtrade Global Market Trading service Product Disclosure Statement

Foreign Exchange Forward Transactions for the nabtrade Global Market Trading service Product Disclosure Statement Foreign Exchange Forward Transactions for the nabtrade Global Market Trading service Product Disclosure Statement Issued by National Australia Bank Limited (NAB) ABN 12 004 044 937, AFSL 230686 Effective

More information

Notification of breach by a Life Company (including Friendly Societies)

Notification of breach by a Life Company (including Friendly Societies) Notification of breach by a Life Company (including Friendly Societies) Section 132A Life Insurance Act 1995 All questions in the form must be completed before it can be accepted (See over page for information

More information

Managing Outsourcing Arrangements

Managing Outsourcing Arrangements Guidance Note GGN 221.1 Managing Outsourcing Arrangements 1. This Guidance Note provides further detail on the requirements for managing material outsourcing arrangements (refer Prudential Standard GPS

More information

Maximum Event Retention and Risk Charge for Lenders Mortgage Insurers

Maximum Event Retention and Risk Charge for Lenders Mortgage Insurers Reporting Standard GRS 170.1 Maximum Event Retention and Risk Charge for Lenders Mortgage Insurers Objective This reporting standard is made under section 13 of the Financial Sector (Collection of Data)

More information

Member Application Form

Member Application Form Member Application Form ABN 76 829 356 693 RSE R1004366 SFN 299 735 940 SPIN CFS0102AU Chifley Financial Services Limited (Trustee) ABN 75 053 704 706 AFSL 231148 RSEL L0001120 Instructions Member Services

More information

Self-Managed Super Fund Basics and Buying Property with your SMSF Money

Self-Managed Super Fund Basics and Buying Property with your SMSF Money RETIRE WITH MORE Self-Managed Super Fund Basics and Buying Property with your SMSF Money YOUR GUIDE TO BUYING PROPERTY WITH YOUR SMSF MONEY $$$ Unit 1, 3 Robinson Place Rockingham WA 6168 admin@integratax.com.au

More information

EMPLUS SUPERANNUATION FUND

EMPLUS SUPERANNUATION FUND EMPLUS SUPERANNUATION FUND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2013 (RSE No. R1067880) Statement of Financial Position as at 30 June 2013 Note 2013 2012 $ 000 $ 000 Assets Cash and cash equivalents

More information

Business Continuity Management

Business Continuity Management Prudential Standard CPS 232 Business Continuity Management Objective and key requirements of this Prudential Standard The ultimate responsibility for the business continuity of an APRA-regulated institution

More information

North. Super and Pension Guarantee. Product Disclosure Statement Part B. Issue number 11, 30 March 2015

North. Super and Pension Guarantee. Product Disclosure Statement Part B. Issue number 11, 30 March 2015 Issue number 11, 30 March 2015 North Super and Pension Guarantee Product Disclosure Statement Part B North Personal Superannuation and Personal Pension North Guarantee To be read in conjunction with North

More information

2014 Annual Report. Greater Rollover and Pension Fund. CUBS Superannuation Fund ABN 90 120 177 925

2014 Annual Report. Greater Rollover and Pension Fund. CUBS Superannuation Fund ABN 90 120 177 925 2014 Annual Report CUBS Superannuation Fund Greater Rollover and Pension Fund CUBS Superannuation Fund ABN 90 120 177 925 Trustee Equity Trustees Limited ABN 46 004 031 298 AFS Licence No. 240975 RSE Licence

More information

Challenger Lifetime annuities

Challenger Lifetime annuities Challenger Lifetime annuities Regular and secure income for life Challenger Lifetime annuities A Challenger lifetime annuity is a secure investment that protects your savings and can provide an income

More information

Information for employers

Information for employers ₁ Issued July ₂₀₁₅ Information for employers AMP Flexible Super Guide Registered trademark of AMP Limited ABN 49 079 54 519. This guide provides information specifically for employers about AMP Flexible

More information

Objective and key requirements of this Prudential Standard. The key requirements of this Prudential Standard are that a Level 3 Head must:

Objective and key requirements of this Prudential Standard. The key requirements of this Prudential Standard are that a Level 3 Head must: Prudential Standard 3PS 310 Audit and Related Matters Objective and key requirements of this Prudential Standard This Prudential Standard requires a Level 3 Head to obtain and make available to APRA independent

More information

A Financial Planning Technical Guide

A Financial Planning Technical Guide Self Managed Superannuation Funds A Financial Planning Technical Guide Securitor Financial Group Limited ABN 48 009 189 495 AFSL 240687 Contents What is a self managed superannuation fund (SMSF)? 1 What

More information

Guidelines. Guidelines on registration of life companies. www.apra.gov.au Australian Prudential Regulation Authority. 27 May 2010

Guidelines. Guidelines on registration of life companies. www.apra.gov.au Australian Prudential Regulation Authority. 27 May 2010 Guidelines Guidelines on registration of life companies 27 May 2010 www.apra.gov.au Australian Prudential Regulation Authority Copyright Commonwealth of Australia This work is copyright. You may download,

More information

A guide to our financial services and terms and conditions of using Westpac Online

A guide to our financial services and terms and conditions of using Westpac Online A guide to our financial services and terms and conditions of using Westpac Online Financial Services Guide Dated 27 January 2013 BT Funds Management Limited ABN 63 002 916 458 Australian Financial Services

More information

UBS Wealth Management Financial Services Guide

UBS Wealth Management Financial Services Guide Financial Services Guide Australia Ltd ABN 50 005 311 937 AFS Licence No. 231127 UBS Securities Australia Ltd ABN 62 008 586 481 AFS Licence No. 231098 UBS AG, Australia Branch ARBN 088 129 613 AFS Licence

More information

FINANCIAL SERVICES GUIDE (FSG)

FINANCIAL SERVICES GUIDE (FSG) FINANCIAL SERVICES GUIDE (FSG) This Financial Services Guide ( FSG ) must be read in conjunction with the Authorised Representative Profile or Adviser Profile. Together these two documents form the full

More information

Financial Services Guide

Financial Services Guide Financial Services Guide Version 8 Date: 1 st July, 2014 The documents you will receive from us About our Licensee Financial Services Guide This Financial Services Guide is designed to clarify who we are

More information

Statistics. Quarterly Superannuation Performance (interim edition) June 2014 (issued 21 August 2014)

Statistics. Quarterly Superannuation Performance (interim edition) June 2014 (issued 21 August 2014) Statistics Quarterly Superannuation Performance (interim edition) June 2014 (issued 21 August 2014) www.apra.gov.au Australian Prudential Regulation Authority Copyright Australian Prudential Regulation

More information

Supplementary Product Disclosure Statement

Supplementary Product Disclosure Statement The Portfolio Service Superannuation Plan The Portfolio Service 1 July 2014 Supplementary Product Disclosure Statement Issuer: Questor Financial Services Limited ABN 33 078 662 718 AFS Licence No. 240829

More information

Understanding Self Managed Superannuation Funds Version 5.0

Understanding Self Managed Superannuation Funds Version 5.0 Understanding Self Managed Superannuation Funds Version 5.0 This document provides some additional information to help you understand the financial planning concepts discussed in the SOA in relation to

More information

Australian Financial Services Licence

Australian Financial Services Licence was licensed as an Australian Financial Services Licensee pursuant to section 913B of the Corporations Act 2001. The conditions of the licence are hereby varied from the date hereunder. The licensee shall

More information

GUIDELINES MATTERS TO BE INCLUDED IN A FUNDING PLAN

GUIDELINES MATTERS TO BE INCLUDED IN A FUNDING PLAN GUIDELINES MATTERS TO BE INCLUDED IN A FUNDING PLAN Background 1. A body corporate, being either: (a) a Medical Defence Organisation (MDO) within the meaning of the Medical Indemnity (Prudential Supervision

More information

INDEPENDENT SERVICES CONTRACTOR PROCEDURE

INDEPENDENT SERVICES CONTRACTOR PROCEDURE FINANCE AN RESOURCE INEPENENT SERVICES CONTRACTOR PROCEURE Parent Policy Title Independent Services Contractor Policy Associated ocuments Staff Conduct and Compliance Policy Staff Conduct and Compliance

More information

ASIC Class Order [CO 05/1122] Proposed class order relief for providers of generic financial calculators. Regulation impact statement (RIS)

ASIC Class Order [CO 05/1122] Proposed class order relief for providers of generic financial calculators. Regulation impact statement (RIS) ASIC Class Order [CO 05/1122] Proposed class order relief for providers of generic financial calculators Regulation impact statement (RIS) December, 2005 What this regulation impact statement is about

More information

Amended Security Trading Policy

Amended Security Trading Policy ASX Company Announcement Date of Release: 24 April 2015 Amended Security Trading Policy Attached is the amended Security Trading Policy of Managed Accounts Holdings Limited (MGP), approved by the MGP board

More information

ESTABLISHING AN SMSF STEPS INVOLVED AND ISSUES TO BE CONSIDERED

ESTABLISHING AN SMSF STEPS INVOLVED AND ISSUES TO BE CONSIDERED Individuals face a number of considerations in deciding to establish a Self Managed Superannuation Fund (SMSF). This article considers some of those considerations and outlines some of the steps involved.

More information

Capital Adequacy Calculation Workbook Level 1 general insurers

Capital Adequacy Calculation Workbook Level 1 general insurers Capital Adequacy Calculation Workbook Level 1 general insurers Instruction Guide Introduction APRA released revised capital standards for Level 1 general insurers on 31 May 2012 1. The main changes specified

More information

Credit licensing: Competence and training

Credit licensing: Competence and training REGULATORY GUIDE 206 Credit licensing: Competence and training December 2009 About this guide This guide is for credit licensees and licence applicants. It provides guidance on how credit licensees can

More information

CHAPTER 16 INVESTMENT ENTITIES

CHAPTER 16 INVESTMENT ENTITIES CHAPTER 16 INVESTMENT ENTITIES Introduction 16.1 This Chapter sets out the requirements for the listing of the securities of investment entities, which include investment companies, unit trusts, closed-end

More information

Prudential Standard CPS 232 Business Continuity Management

Prudential Standard CPS 232 Business Continuity Management Prudential Standard CPS 232 Business Continuity Management Objective and key requirements of this Prudential Standard This Prudential Standard requires each regulated institution and Level 2 group to implement

More information

I loved reading the terms & conditions! said no one, ever. term deposit terms + conditions

I loved reading the terms & conditions! said no one, ever. term deposit terms + conditions I loved reading the terms & conditions! said no one, ever term deposit terms + conditions index. Part a - general terms and conditions. 2 1 Purpose of this booklet. 2 2 Meaning of words used. 2 3 Opening

More information

COLLECTIVE INVESTMENT LAW DIFC LAW No. 2 of 2010

COLLECTIVE INVESTMENT LAW DIFC LAW No. 2 of 2010 ---------------------------------------------------------------------------------------------- COLLECTIVE INVESTMENT LAW DIFC LAW No. 2 of 2010 ----------------------------------------------------------------------------------------------

More information

Property Management Agreement Summary

Property Management Agreement Summary 17 June 2016 Property Management Agreement Summary Australian Unity Investment Real Estate Limited (ABN 86 606 414 368, AFSL 477434) as Responsible Entity of Australian Unity Office Fund (ARSN 113 369

More information

Approved auditors and self-managed super funds

Approved auditors and self-managed super funds Guide for SMSF auditors Approved auditors and self-managed super funds Your role and responsibilities as an approved auditor We recommend that you read this guide and make sure you are familiar with your

More information

Guarantor Application Form

Guarantor Application Form 12/10 12455 Guarantor Application Form Prior to assessing a loan for an applicant and to meet the conditions of our Australian Credit Licence and the National Credit Code, Big Sky staff will aim to meet

More information

MLC Derivatives Policy

MLC Derivatives Policy MLC Derivatives Policy 1 Overview The purpose of this policy is to provide guiding principles and policy directives for the use and oversight of derivatives used within the products, investment portfolios

More information

Appendix 4D. 31 December 2011 Half Yearly Report

Appendix 4D. 31 December 2011 Half Yearly Report Appendix 4D 31 December 2011 Half Yearly Report CARLTON INVESTMENTS LIMITED ABN 000 020 262 1. Financial Reporting Period The current financial reporting period is for the half year to 31 December 2011

More information

Securities Trading Policy

Securities Trading Policy Securities Trading Policy Securities Trading Policy Prana Biotechnology Ltd 1 Purpose This securities trading policy (Policy) sets out the policy of the Company regarding the trading in Company securities.

More information

FINANCIAL SERVICES GUIDE

FINANCIAL SERVICES GUIDE FINANCIAL SERVICES GUIDE This Financial Services Guide ( FSG ) explains Astute Advisory Services Pty Ltd ( AAS ) financial services offering. It is a legal requirement that you must be provided with an

More information

This form requires Discretionary Mutual Funds (DMFs) to report certain information.

This form requires Discretionary Mutual Funds (DMFs) to report certain information. Reporting Form DRF 310.4 Other Information Instruction Guide Introduction This form requires Discretionary Mutual Funds (DMFs) to report certain information. Level of reporting For the purposes of the

More information

Guideline. Large Exposure Limits. Category: Prudential Limits and Restrictions. No: B-2 Date: August 2003. I. Introduction

Guideline. Large Exposure Limits. Category: Prudential Limits and Restrictions. No: B-2 Date: August 2003. I. Introduction Canada Bureau du surintendant des institutions financières Canada 255 Albert Street 255, rue Albert Ottawa, Canada Ottawa, Canada K1A 0H2 K1A 0H2 www.osfi-bsif.gc.ca Guideline Subject: Category: Prudential

More information

INSURANCE Life insurance through superannuation

INSURANCE Life insurance through superannuation INSURANCE Life insurance through superannuation Annual Report 1 July 2013 to 30 June 2014 Issued December 2014 Contents Annual Report About OnePath 2 OnePath MasterFund 3 About this Annual Report 3 Abridged

More information

Investment Account. Application Form. Page 1 / 15. Escala Investment Account Application Form

Investment Account. Application Form. Page 1 / 15. Escala Investment Account Application Form Investment Account Application Form Page 1 / 15 Escala Investment Account Application Form Responsible Entity: Powerwrap Limited (Australian Financial Services Licence No. 329829 ARSN 137 053 073) Please

More information

Information guide: Accountants exemption reform

Information guide: Accountants exemption reform Information guide: Accountants exemption reform This information guide has been developed for members of CPA Australia and Chartered Accountants Australia and New Zealand (Chartered Accountants ANZ). 1.

More information

Outstanding Claims Liability Insurance Risk Charge Australia by class of. business (Level 2 Insurance Group)

Outstanding Claims Liability Insurance Risk Charge Australia by class of. business (Level 2 Insurance Group) Reporting Form GRF 210.0A_G Outstanding Claims Liability Insurance Risk Charge Australia by class of business (Level 2 Insurance Group) Instruction Guide Introduction This instruction guide is designed

More information

Supplementary Product Disclosure Statement

Supplementary Product Disclosure Statement Supplementary Product Disclosure Statement 12 March 2014 This Supplementary Product Disclosure Statement (SPDS) is dated 12 March 2014, and supplements each Product Disclosure Statement and Policy (PDS)

More information

FINANCIAL SERVICES GUIDE

FINANCIAL SERVICES GUIDE FINANCIAL SERVICES GUIDE A GUIDE TO OUR RELATIONSHIP WITH YOU AND OTHERS This Financial Services Guide (FSG) is designed to assist you in deciding whether to use the services of Entrust Private Wealth

More information

[PS 33] Policy Statement 33 Security deposits

[PS 33] Policy Statement 33 Security deposits [PS 33] Policy Statement 33 Security deposits Chapter 7 Securities Chapter 8 Futures industry Issued 25/8/1992 Updated 7/6/1993, 4/7/1994, 28/10/1996, 17/6/2003, 22/6/2004 Headnotes Sections 786(2)(d),

More information

A superannuation fund that satisfied each of these requirements is then listed on HRMC's QROPs register.

A superannuation fund that satisfied each of these requirements is then listed on HRMC's QROPs register. 16 June 2015 Mr Robert Corton Her Majesty's Revenue and Customs Pension Scheme Services Fitzroy House Castle Meadow Road Nottingham NG2 1BD United Kingdom By email : regulations.qrops@hmrc.gsi.gov.uk Dear

More information

Corporate and Financial Services Regulation Review. Draft Corporations Amendment Regulations and Commentary

Corporate and Financial Services Regulation Review. Draft Corporations Amendment Regulations and Commentary Corporate and Financial Services Regulation Review Draft Corporations Amendment Regulations and Commentary March 2007 2 COMMENTARY DRAFT CORPORATIONS AMENDMENT REGULATIONS 2007 (No. ) MARCH 2007 TABLE

More information

PROFESSIONAL INDEMNITY INSURANCE PROPOSAL FORM - ACCOUNTANTS

PROFESSIONAL INDEMNITY INSURANCE PROPOSAL FORM - ACCOUNTANTS PROFESSIONAL INDEMNITY INSURANCE PROPOSAL FORM - ACCOUNTANTS IMPORTANT Answer all questions. Blanks, dashes, answers known to underwriters or brokers or N/A are not acceptable and will delay consideration

More information