APAR Releases Reporting Requirements for Select Investment Options

On 16 January 2015, APRA released its response to submissions received on four reporting standards in relation to APRA regulated superannuation funds.

Select Investment Options relate to certain non My-Super investment options. The reporting standards will require certain quarterly information about investment performance, asset allocation and member flows as well as structural information about these investment options.

Reporting will only be required by those Select Investment Options which exceed the quantitative threshold of $200 million or more than 5% of total fund assets.

APRA Member Helen Rowell said ‘APRA is confident that the final requirements strike the right balance between APRA and other stakeholders having access to necessary information, and addressing industry’s concerns about the costs and complexity involved in reporting this information.’

The requirements in Reporting Standard SRS 533.1 Asset Allocation and Members’ Benefit Flows (SRS 533.1) and Reporting Standard SRS 702.1 Investment Performance (SRS 702.1) will take effect from 1 July 2015.


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