The Australian Prudential Regulation Authority (APRA) has published additional frequently asked-questions (FAQs) on the Superannuation Data Transformation (SDT) Phase 1 reporting standards.
In today’s publication, APRA has clarified Historical Data FAQ 1.0 to confirm reporting periods for investment options other than those underlying a MySuper product or a trustee-directed product. APRA has also published two additional FAQs, including expectations around reporting of withdrawn or closed insurance claims, to provide further guidance to RSE licensees on the reporting standards for Phase 1 of the SDT project.
The FAQs are available on the APRA website at: Frequently Asked Questions – Superannuation Data Transformation.
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