APRA has updated the approved form and instruction guide for applications for a MySuper Product authorisation.
The update from APRA stems from new requirements as a result of the government passing the Treasury Laws Amendment Act back in April.
The key areas updated in the form are:
APRA is currently updating the online form, but applications should contact their responsible supervisor to discuss the lodgement of any new product while the form is being updated.
All registrable super entities that intend to offer a product or operate as an eligible rollover fund must seek authorisation from APRA.
Eliot Hastie is a journalist at Momentum Media, writing primarily for its wealth and financial services platforms.
Eliot joined the team in 2018 having previously written on Real Estate Business with Momentum Media as well.
Eliot graduated from the University of Westminster, UK with a Bachelor of Arts (Journalism).
You can email him on: [email protected]
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