{"id":"F2021L01287","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 15 of 2021","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-15-of-2021","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":102076,"registerId":"commonwealth-F2021L01287-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Reporting Standard SRS 332.0","sectionType":"part","heading":"Reporting Standard SRS 332.0","content":"![](image.002.png)\n\n# Reporting Standard SRS 332.0\n\n# Expenses\n\n![](image.003.png)\n\n### Authority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n### Purpose\n\n2. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It may also be used by the Australian Securities and Investments Commission.\n\n### Application\n\n3. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of each RSE, defined benefit RSE, pooled superannuation trust (PST) and eligible rollover fund (ERF) within its business operations[\\[1\\]](#_ftn1).\n\n### Commencement\n\n4. This Reporting Standard commences on the day it is registered on the Federal Register of Legislation.\n\n### Reporting periods\n\n5. Reporting periods under this Reporting Standard are each year of income of the entity.\n\n### Initial information required\n\n6. An RSE licensee must, applying the materiality thresholds, provide information required by this Reporting Standard for each reporting period ending on or after 30 June 2021 but before 30 June 2022.[\\[2\\]](#_ftn2)\n\n7. An RSE licensee to which this Reporting Standard applies must provide the information required by paragraph 6, by 30 September 2021.\n\nInformation required\n\n8. RSE licensees must provide information required under this Reporting Standard for reporting periods ending on or after 30 June 2022.\n\n9. An RSE licensee to which this Reporting Standard applies must provide information required under paragraph 8, within 3 months after the end of the relevant reporting period.\n\n### Notices\n\n10. If, having regard to the particular circumstances of an RSE, defined benefit RSE, PST or ERF, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE, defined benefit RSE, PST or ERF.\n\n11. Where APRA has changed the reporting periods under paragraph 10, the RSE licensee must provide the relevant information within the time specified by the notice in writing.\n\n12. APRA may grant, in writing, an RSE licensee an extension of a due date with respect to one or more RSEs, defined benefit RSEs, PST or ERFs within its business operations, in which case the new due date for the provision of the information will be the due date specified on the notice of extension.\n\nNote: For the avoidance of doubt, if the due date for a particular reporting period falls on a day other than a usual business day, an RSE licensee is nonetheless required to submit the information required no later than the due date.\n\n### Form and method of submission\n\n13. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.\n\n### Quality control\n\n14. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE, defined benefit RSE, PST or ERF to which the information relates[\\[3\\]](#_ftn3). This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:\n\n(a) an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and\n\n(b) at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).\n\n15. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.\n\n### Authorisation\n\n16. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or agent must digitally sign the relevant information using a digital certificate acceptable to APRA.\n\n17. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:\n\n(a) obtain from the agent a copy of the completed form with the information provided to APRA; and\n\n(b) retain the completed copy.\n\n18. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:\n\n(a) the Chief Executive Officer of the RSE licensee; or\n\n(b) the Chief Financial Officer of the RSE licensee.\n\n### Minor alterations to forms and instructions\n\n19. APRA may make minor variations to:\n\n(a) a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or\n\n(b) the instructions to a form, to clarify their application to the form,\n\nwithout changing any substantive requirement in the form or instructions.\n\n20. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.\n\n### Interpretation\n\n21. In this Reporting Standard:\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nChief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[\\[4\\]](#_ftn4).\n\nChief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.\n\ndefined benefit RSE has the meaning of defined benefit fund in subsection 10(1) of the SIS Act.\n\ndue date means the relevant due date under paragraph 7, 9 or, if applicable, paragraph 12 of this Reporting Standard.\n\neligible rollover fund (ERF) has the meaning given in subsection 10(1) of the SIS Act.\n\npooled superannuation trust (PST) has the meaning given in subsection 10(1) of the SIS Act.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 10 of this Reporting Standard.\n\nRSE means a registrable superannuation entity as defined in subsection 10(1) of the SIS Act that is not a defined benefit RSE, pooled superannuation trust, ERF, small APRA fund or single member approved deposit fund[\\[5\\]](#_ftn5).\n\nRSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.\n\nRSE licensee has the meaning given in subsection 10(1) of the SIS Act.\n\nSIS Act means Superannuation Industry (Supervision) Act 1993.\n\n22. In this Reporting Standard, unless the contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n\n23. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.","sortOrder":0},{"sectionNumber":"Expenses","sectionType":"part","heading":"Expenses","content":"# Expenses\n\n![](image.003.png)","sortOrder":1},{"sectionNumber":"Authority","sectionType":"division","heading":"Authority","content":"### Authority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.","sortOrder":2},{"sectionNumber":"Purpose","sectionType":"division","heading":"Purpose","content":"### Purpose\n\n2. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It may also be used by the Australian Securities and Investments Commission.","sortOrder":3},{"sectionNumber":"Application","sectionType":"division","heading":"Application","content":"### Application\n\n3. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of each RSE, defined benefit RSE, pooled superannuation trust (PST) and eligible rollover fund (ERF) within its business operations[\\[1\\]](#_ftn1).","sortOrder":4},{"sectionNumber":"Commencement","sectionType":"division","heading":"Commencement","content":"### Commencement\n\n4. This Reporting Standard commences on the day it is registered on the Federal Register of Legislation.","sortOrder":5},{"sectionNumber":"Reporting periods","sectionType":"division","heading":"Reporting periods","content":"### Reporting periods\n\n5. Reporting periods under this Reporting Standard are each year of income of the entity.","sortOrder":6},{"sectionNumber":"Initial information required","sectionType":"division","heading":"Initial information required","content":"### Initial information required\n\n6. An RSE licensee must, applying the materiality thresholds, provide information required by this Reporting Standard for each reporting period ending on or after 30 June 2021 but before 30 June 2022.[\\[2\\]](#_ftn2)\n\n7. An RSE licensee to which this Reporting Standard applies must provide the information required by paragraph 6, by 30 September 2021.\n\nInformation required\n\n8. RSE licensees must provide information required under this Reporting Standard for reporting periods ending on or after 30 June 2022.\n\n9. An RSE licensee to which this Reporting Standard applies must provide information required under paragraph 8, within 3 months after the end of the relevant reporting period.","sortOrder":7},{"sectionNumber":"Notices","sectionType":"division","heading":"Notices","content":"### Notices\n\n10. If, having regard to the particular circumstances of an RSE, defined benefit RSE, PST or ERF, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE, defined benefit RSE, PST or ERF.\n\n11. Where APRA has changed the reporting periods under paragraph 10, the RSE licensee must provide the relevant information within the time specified by the notice in writing.\n\n12. APRA may grant, in writing, an RSE licensee an extension of a due date with respect to one or more RSEs, defined benefit RSEs, PST or ERFs within its business operations, in which case the new due date for the provision of the information will be the due date specified on the notice of extension.\n\nNote: For the avoidance of doubt, if the due date for a particular reporting period falls on a day other than a usual business day, an RSE licensee is nonetheless required to submit the information required no later than the due date.","sortOrder":8},{"sectionNumber":"Form and method of submission","sectionType":"division","heading":"Form and method of submission","content":"### Form and method of submission\n\n13. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.","sortOrder":9},{"sectionNumber":"Quality control","sectionType":"division","heading":"Quality control","content":"### Quality control\n\n14. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE, defined benefit RSE, PST or ERF to which the information relates[\\[3\\]](#_ftn3). This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:\n\n(a) an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and\n\n(b) at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).\n\n15. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.","sortOrder":10},{"sectionNumber":"Authorisation","sectionType":"division","heading":"Authorisation","content":"### Authorisation\n\n16. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or agent must digitally sign the relevant information using a digital certificate acceptable to APRA.\n\n17. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:\n\n(a) obtain from the agent a copy of the completed form with the information provided to APRA; and\n\n(b) retain the completed copy.\n\n18. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:\n\n(a) the Chief Executive Officer of the RSE licensee; or\n\n(b) the Chief Financial Officer of the RSE licensee.","sortOrder":11},{"sectionNumber":"Minor alterations to forms and instructi","sectionType":"division","heading":"Minor alterations to forms and instructions","content":"### Minor alterations to forms and instructions\n\n19. APRA may make minor variations to:\n\n(a) a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or\n\n(b) the instructions to a form, to clarify their application to the form,\n\nwithout changing any substantive requirement in the form or instructions.\n\n20. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.","sortOrder":12},{"sectionNumber":"Interpretation","sectionType":"division","heading":"Interpretation","content":"### Interpretation\n\n21. In this Reporting Standard:\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nChief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[\\[4\\]](#_ftn4).\n\nChief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.\n\ndefined benefit RSE has the meaning of defined benefit fund in subsection 10(1) of the SIS Act.\n\ndue date means the relevant due date under paragraph 7, 9 or, if applicable, paragraph 12 of this Reporting Standard.\n\neligible rollover fund (ERF) has the meaning given in subsection 10(1) of the SIS Act.\n\npooled superannuation trust (PST) has the meaning given in subsection 10(1) of the SIS Act.\n\nreporting period means a period mentioned in paragraph 5 or, if applicable, paragraph 10 of this Reporting Standard.\n\nRSE means a registrable superannuation entity as defined in subsection 10(1) of the SIS Act that is not a defined benefit RSE, pooled superannuation trust, ERF, small APRA fund or single member approved deposit fund[\\[5\\]](#_ftn5).\n\nRSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.\n\nRSE licensee has the meaning given in subsection 10(1) of the SIS Act.\n\nSIS Act means Superannuation Industry (Supervision) Act 1993.\n\n22. In this Reporting Standard, unless the contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n\n23. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.","sortOrder":13},{"sectionNumber":"Reporting Form SRF 332.0","sectionType":"part","heading":"Reporting Form SRF 332.0","content":"# Reporting Form SRF 332.0\n\n# Expenses\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 332.0 Expenses (SRF 332.0).\n\n## General directions and notes\n\n### Reporting level\n\nSRF 332.0 must be completed by the RSE licensee for each RSE, defined benefit RSE, PST and ERF.\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided. \n \nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n### Information required\n\n### An RSE licensee must complete SRF 332.0 applying the materiality thresholds, for each reporting period ending on or after 30 June 2021 but before 30 June 2022. Report expenses on a look-through basis, as explained under Reporting basis and unit of measurement in these Instructions.\n\n### The materiality thresholds are:\n\n- Where total expenses with a service provider are greater than or equal to 5 per cent of total expenses for that expense group: the expense must be reported. If the expense is used for the purpose of more than one expense type, then apportion the expense between these expense types as appropriate.\n\n- Where the total paid to a service provider is less than 5 per cent of total expenses for that expense group: Expenses with multiple service providers below this threshold for each expense type can be aggregated. Report the service provider description in Table 1 as ‘multiple providers below 5%’.\n\n- Where the total expenses with a service provider are $10,000 or less, and the classification is unavailable: classify the expense in the expense group ‘Other’, so long as the total amount reported in the expense group ‘Other’ for this reason does not exceed 5 per cent of total expenses reported in Table 2.\n\nThe RSE licensee cannot apply a materiality threshold to any expenses with service providers which are:\n\n classified by the RSE licensee as significant expenditure under Prudential Standard SPS 515 Strategic Planning and Member Outcomes;\n payments to a related party; or\n used for the purpose of the following expense types:\n\n Marketing related expenses (including: Advertising or Marketing, Existing Member Campaigns, Member Acquisition Campaigns, and all expense types under Marketing And Distribution (expense group));\n Sponsorship;\n Payments Or Donations To Industry Bodies;\n Payments Or Donations To Political Parties;\n Payments Or Donations To Trade Bodies.\n\nAn RSE licensee must complete SRF 332.0 for all expenses in respect of each reporting period ending on or after 30 June 2022.\n\n### Reporting basis and unit of measurement\n\n:\n\nRSE licensees must report all items on SRF 332.0 in accordance with the Australian Accounting Standards unless otherwise specified.\n\nThe total service arrangement cost amounts and total service arrangement investment cost amounts reported in SRF 332.0 should reflect the total expenses in the RSE, defined benefit RSE, PST or ERF’s financial statements. Amounts in SRF 332.0 should and are to be reported on an accrual’s basis.\n\nAmounts in SRF 332.0 are to be reported on an APRA look-through basis.[\\[6\\]](#_ftn6) The look-through chain will end with the expenses from the last related connected entity to the first entity that is not a related connected entity.\n\nAmounts in SRF 332.0 are to be reported as percentages or whole numbers. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.\n\nItems on SRF 332.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period. Unless otherwise specified, report information with respect to transactions that occurred during the reporting period.\n\nThese instructions specify the reporting basis and unit of measurement that applies to each item.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\nSpecific instructions\n\n### Table 1: Service providers\n\nReport all service provider expenses paid over the reporting period in Table 1 on a look-through basis. If there is no related connected entity, report the receiving entity. If expenses are with a related connected entity, report the last related connected entity in the look-through chain.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ---------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Service Provider Name Text | | All filers | Free text | Report the name of the service provider, or for accounting expenses report the name of the accounting expense. |\n| 3 | Service Provider Australian Business Number | | All filers | 11 digit valid ABN | Report the service provider ABN. |\n| 4 | Service Provider Relationship Type | | All filers | NoneParentIndirect ParentSubsidiaryIndirect SubsidiaryRSELGroup CompanyOther Related Party | Report the service provider relationship type. |\n| 5 | Service Provider Shareholding Relationship Percent | | All filers | Percentage to 2 decimal places | Report the service provider shareholding relationship level (relative to the RSE licensee) as a percentage. |\n| 6 | Service Provider Shareholding Relationship Detail Text | | All filers | Free text | Report further detail on the service provider shareholding relationship. |\n| 7 | Responsible Person Service Provider Relationship Indicator | | All filers | YesNo | Report whether any responsible persons of the RSE licensee have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest . |\n| 8 | Responsible Person Service Provider Relationship Text | | All filers | Free text | If responsible persons have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest, report details of the relationship with the service provider. |\n| 9 | Service Provider Relationship Other Text | | All filers | Free text | Report other relationships. |\n| 10 | Service Arrangement Outsourced Indicator | | All filers | InsourcedOutsourced | Report whether the service arrangement is insourced or outsourced. |\n\n### Table 2: Administration and other expenses reporting\n\nReport all administration and other (non-investment management) expenses for the reporting period in Table 2 on a look-through basis. If there is no related connected entity, report the total expenses with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense group type and expense type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Expense Group Type | Y | All filers | Administration ServicesMember ServicesMarketing And DistributionTrustee OfficeCorporate OverheadsOther | Report the expense group.Where the expense is paid to the RSE licensee, the expense must be apportioned across the expense groups to which it relates. |\n| 4 | Expense Type | Y | All filers | See Lists at the end of these Instructions | Report the expense type. |\n| 5 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example, if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report ‘Not applicable’. |\n| 6 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 7 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 8 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 9 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 10 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 11 | Service Arrangement Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |\n\n### Table 3: Investment management expenses\n\nReport all investment related expenses for the reporting period in Table 3 on a look-through basis. If there is no related connected entity, report the total cost amount with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense service type and asset class sector type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Investment Expense Service Type | Y | All filers | InvestmentCustodyAsset ConsultantImplemented ConsultantInvestment ResearchOther | Report the expense service type. |\n| 4 | Investment Asset Class Sector Type | Y | All filers | CashFixed IncomeEquityPropertyInfrastructureAlternativesNot Applicable | Report the asset class sector type. |\n| 5 | Investment Listing Type | Y | All filers | ListedUnlistedNot SpecifiedNot Applicable | Report the listing type of the investment. |\n| 6 | Investment Domicile Type | Y | All filers | Australian DomicileInternational DomicileNot SpecifiedNot Applicable | Report the domicile type of the investment. |\n| 7 | Asset Class Description Text | Y | All filers | Free text | Report the asset class further description. |\n| 8 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report 'Not applicable'. |\n| 9 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 10 | Investment Market Value Amount | | All filers | Whole dollars | Report the market value of investments. |\n| 11 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 12 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 13 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 14 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 15 | Service Arrangement Investment Management Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |\n\n### Lists\n\n| Expense type | The expense type options when Administration Services is selected as the expense group option are:Call Centre ServicesComplaints And Feedback HandlingElectronic Communication DistributionInsurance AdministrationIntra Fund AdviceMember Transaction ProcessingPhysical Communication DistributionRecord KeepingOtherThe expense type options when Member Services is selected as the expense group option are:Consumer TestingDigital Technology ServicesData AnalyticsExisting Member CampaignsIT Service ProviderMember Acquisition CampaignsMember Education ProgrammesOnline CalculatorsPlatform ProviderOtherThe expense type options when Marketing And Distribution is selected as the expense group option are:Financial PlannersFinancial Planning Payments To ExternalsMarketingPromoterOtherThe expense type options when Trustee Office is selected as the expense group option are:BenchmarkingDirector Training CostsDirectors FeesFees Relating To Potential MergersGeneral ExpensesOtherThe expense type options when Corporate Overheads is selected as the expense group option are:AccountantActuarial FeesAdvertising Or MarketingAmortisation And DepreciationBrokerageCapital ExpenditureComputersConferencesConsultant FeesData AnalyticsEntertainmentExternal AuditInternal AuditInvestment ConsultingIT Service ProviderLegalMotor VehiclesPayments Or Donations To Industry BodiesPayments Or Donations To Political PartiesPayments Or Donations To Trade BodiesPayrollPlatform ProviderPremisesProfessional IndemnityProfitRecruitmentRegulatory LeviesResearchSponsorshipTax Agent FeesTrainingTravelValuationOtherThe expense type option when Other is selected as the expense group option is:Other |\n| ------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":14},{"sectionNumber":"Instruction Guide","sectionType":"part","heading":"Instruction Guide","content":"# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 332.0 Expenses (SRF 332.0).","sortOrder":16},{"sectionNumber":"General directions and notes","sectionType":"part","heading":"General directions and notes","content":"# Reporting Form SRF 332.0\n\n# Expenses\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 332.0 Expenses (SRF 332.0).\n\n## General directions and notes\n\n### Reporting level\n\nSRF 332.0 must be completed by the RSE licensee for each RSE, defined benefit RSE, PST and ERF.\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided. \n \nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n### Information required\n\n### An RSE licensee must complete SRF 332.0 applying the materiality thresholds, for each reporting period ending on or after 30 June 2021 but before 30 June 2022. Report expenses on a look-through basis, as explained under Reporting basis and unit of measurement in these Instructions.\n\n### The materiality thresholds are:\n\n- Where total expenses with a service provider are greater than or equal to 5 per cent of total expenses for that expense group: the expense must be reported. If the expense is used for the purpose of more than one expense type, then apportion the expense between these expense types as appropriate.\n\n- Where the total paid to a service provider is less than 5 per cent of total expenses for that expense group: Expenses with multiple service providers below this threshold for each expense type can be aggregated. Report the service provider description in Table 1 as ‘multiple providers below 5%’.\n\n- Where the total expenses with a service provider are $10,000 or less, and the classification is unavailable: classify the expense in the expense group ‘Other’, so long as the total amount reported in the expense group ‘Other’ for this reason does not exceed 5 per cent of total expenses reported in Table 2.\n\nThe RSE licensee cannot apply a materiality threshold to any expenses with service providers which are:\n\n classified by the RSE licensee as significant expenditure under Prudential Standard SPS 515 Strategic Planning and Member Outcomes;\n payments to a related party; or\n used for the purpose of the following expense types:\n\n Marketing related expenses (including: Advertising or Marketing, Existing Member Campaigns, Member Acquisition Campaigns, and all expense types under Marketing And Distribution (expense group));\n Sponsorship;\n Payments Or Donations To Industry Bodies;\n Payments Or Donations To Political Parties;\n Payments Or Donations To Trade Bodies.\n\nAn RSE licensee must complete SRF 332.0 for all expenses in respect of each reporting period ending on or after 30 June 2022.\n\n### Reporting basis and unit of measurement\n\n:\n\nRSE licensees must report all items on SRF 332.0 in accordance with the Australian Accounting Standards unless otherwise specified.\n\nThe total service arrangement cost amounts and total service arrangement investment cost amounts reported in SRF 332.0 should reflect the total expenses in the RSE, defined benefit RSE, PST or ERF’s financial statements. Amounts in SRF 332.0 should and are to be reported on an accrual’s basis.\n\nAmounts in SRF 332.0 are to be reported on an APRA look-through basis.[\\[6\\]](#_ftn6) The look-through chain will end with the expenses from the last related connected entity to the first entity that is not a related connected entity.\n\nAmounts in SRF 332.0 are to be reported as percentages or whole numbers. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.\n\nItems on SRF 332.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period. Unless otherwise specified, report information with respect to transactions that occurred during the reporting period.\n\nThese instructions specify the reporting basis and unit of measurement that applies to each item.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\nSpecific instructions\n\n### Table 1: Service providers\n\nReport all service provider expenses paid over the reporting period in Table 1 on a look-through basis. If there is no related connected entity, report the receiving entity. If expenses are with a related connected entity, report the last related connected entity in the look-through chain.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ---------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Service Provider Name Text | | All filers | Free text | Report the name of the service provider, or for accounting expenses report the name of the accounting expense. |\n| 3 | Service Provider Australian Business Number | | All filers | 11 digit valid ABN | Report the service provider ABN. |\n| 4 | Service Provider Relationship Type | | All filers | NoneParentIndirect ParentSubsidiaryIndirect SubsidiaryRSELGroup CompanyOther Related Party | Report the service provider relationship type. |\n| 5 | Service Provider Shareholding Relationship Percent | | All filers | Percentage to 2 decimal places | Report the service provider shareholding relationship level (relative to the RSE licensee) as a percentage. |\n| 6 | Service Provider Shareholding Relationship Detail Text | | All filers | Free text | Report further detail on the service provider shareholding relationship. |\n| 7 | Responsible Person Service Provider Relationship Indicator | | All filers | YesNo | Report whether any responsible persons of the RSE licensee have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest . |\n| 8 | Responsible Person Service Provider Relationship Text | | All filers | Free text | If responsible persons have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest, report details of the relationship with the service provider. |\n| 9 | Service Provider Relationship Other Text | | All filers | Free text | Report other relationships. |\n| 10 | Service Arrangement Outsourced Indicator | | All filers | InsourcedOutsourced | Report whether the service arrangement is insourced or outsourced. |\n\n### Table 2: Administration and other expenses reporting\n\nReport all administration and other (non-investment management) expenses for the reporting period in Table 2 on a look-through basis. If there is no related connected entity, report the total expenses with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense group type and expense type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Expense Group Type | Y | All filers | Administration ServicesMember ServicesMarketing And DistributionTrustee OfficeCorporate OverheadsOther | Report the expense group.Where the expense is paid to the RSE licensee, the expense must be apportioned across the expense groups to which it relates. |\n| 4 | Expense Type | Y | All filers | See Lists at the end of these Instructions | Report the expense type. |\n| 5 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example, if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report ‘Not applicable’. |\n| 6 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 7 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 8 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 9 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 10 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 11 | Service Arrangement Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |\n\n### Table 3: Investment management expenses\n\nReport all investment related expenses for the reporting period in Table 3 on a look-through basis. If there is no related connected entity, report the total cost amount with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense service type and asset class sector type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Investment Expense Service Type | Y | All filers | InvestmentCustodyAsset ConsultantImplemented ConsultantInvestment ResearchOther | Report the expense service type. |\n| 4 | Investment Asset Class Sector Type | Y | All filers | CashFixed IncomeEquityPropertyInfrastructureAlternativesNot Applicable | Report the asset class sector type. |\n| 5 | Investment Listing Type | Y | All filers | ListedUnlistedNot SpecifiedNot Applicable | Report the listing type of the investment. |\n| 6 | Investment Domicile Type | Y | All filers | Australian DomicileInternational DomicileNot SpecifiedNot Applicable | Report the domicile type of the investment. |\n| 7 | Asset Class Description Text | Y | All filers | Free text | Report the asset class further description. |\n| 8 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report 'Not applicable'. |\n| 9 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 10 | Investment Market Value Amount | | All filers | Whole dollars | Report the market value of investments. |\n| 11 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 12 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 13 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 14 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 15 | Service Arrangement Investment Management Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |\n\n### Lists\n\n| Expense type | The expense type options when Administration Services is selected as the expense group option are:Call Centre ServicesComplaints And Feedback HandlingElectronic Communication DistributionInsurance AdministrationIntra Fund AdviceMember Transaction ProcessingPhysical Communication DistributionRecord KeepingOtherThe expense type options when Member Services is selected as the expense group option are:Consumer TestingDigital Technology ServicesData AnalyticsExisting Member CampaignsIT Service ProviderMember Acquisition CampaignsMember Education ProgrammesOnline CalculatorsPlatform ProviderOtherThe expense type options when Marketing And Distribution is selected as the expense group option are:Financial PlannersFinancial Planning Payments To ExternalsMarketingPromoterOtherThe expense type options when Trustee Office is selected as the expense group option are:BenchmarkingDirector Training CostsDirectors FeesFees Relating To Potential MergersGeneral ExpensesOtherThe expense type options when Corporate Overheads is selected as the expense group option are:AccountantActuarial FeesAdvertising Or MarketingAmortisation And DepreciationBrokerageCapital ExpenditureComputersConferencesConsultant FeesData AnalyticsEntertainmentExternal AuditInternal AuditInvestment ConsultingIT Service ProviderLegalMotor VehiclesPayments Or Donations To Industry BodiesPayments Or Donations To Political PartiesPayments Or Donations To Trade BodiesPayrollPlatform ProviderPremisesProfessional IndemnityProfitRecruitmentRegulatory LeviesResearchSponsorshipTax Agent FeesTrainingTravelValuationOtherThe expense type option when Other is selected as the expense group option is:Other |\n| ------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":17},{"sectionNumber":"Reporting level","sectionType":"division","heading":"Reporting level","content":"### Reporting level\n\nSRF 332.0 must be completed by the RSE licensee for each RSE, defined benefit RSE, PST and ERF.","sortOrder":18},{"sectionNumber":"Reporting tables","sectionType":"division","heading":"Reporting tables","content":"### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided. \n \nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.","sortOrder":19},{"sectionNumber":"Information required","sectionType":"division","heading":"Information required","content":"# Reporting Form SRF 332.0\n\n# Expenses\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 332.0 Expenses (SRF 332.0).\n\n## General directions and notes\n\n### Reporting level\n\nSRF 332.0 must be completed by the RSE licensee for each RSE, defined benefit RSE, PST and ERF.\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided. \n \nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n### Information required\n\n### An RSE licensee must complete SRF 332.0 applying the materiality thresholds, for each reporting period ending on or after 30 June 2021 but before 30 June 2022. Report expenses on a look-through basis, as explained under Reporting basis and unit of measurement in these Instructions.\n\n### The materiality thresholds are:\n\n- Where total expenses with a service provider are greater than or equal to 5 per cent of total expenses for that expense group: the expense must be reported. If the expense is used for the purpose of more than one expense type, then apportion the expense between these expense types as appropriate.\n\n- Where the total paid to a service provider is less than 5 per cent of total expenses for that expense group: Expenses with multiple service providers below this threshold for each expense type can be aggregated. Report the service provider description in Table 1 as ‘multiple providers below 5%’.\n\n- Where the total expenses with a service provider are $10,000 or less, and the classification is unavailable: classify the expense in the expense group ‘Other’, so long as the total amount reported in the expense group ‘Other’ for this reason does not exceed 5 per cent of total expenses reported in Table 2.\n\nThe RSE licensee cannot apply a materiality threshold to any expenses with service providers which are:\n\n classified by the RSE licensee as significant expenditure under Prudential Standard SPS 515 Strategic Planning and Member Outcomes;\n payments to a related party; or\n used for the purpose of the following expense types:\n\n Marketing related expenses (including: Advertising or Marketing, Existing Member Campaigns, Member Acquisition Campaigns, and all expense types under Marketing And Distribution (expense group));\n Sponsorship;\n Payments Or Donations To Industry Bodies;\n Payments Or Donations To Political Parties;\n Payments Or Donations To Trade Bodies.\n\nAn RSE licensee must complete SRF 332.0 for all expenses in respect of each reporting period ending on or after 30 June 2022.\n\n### Reporting basis and unit of measurement\n\n:\n\nRSE licensees must report all items on SRF 332.0 in accordance with the Australian Accounting Standards unless otherwise specified.\n\nThe total service arrangement cost amounts and total service arrangement investment cost amounts reported in SRF 332.0 should reflect the total expenses in the RSE, defined benefit RSE, PST or ERF’s financial statements. Amounts in SRF 332.0 should and are to be reported on an accrual’s basis.\n\nAmounts in SRF 332.0 are to be reported on an APRA look-through basis.[\\[6\\]](#_ftn6) The look-through chain will end with the expenses from the last related connected entity to the first entity that is not a related connected entity.\n\nAmounts in SRF 332.0 are to be reported as percentages or whole numbers. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.\n\nItems on SRF 332.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period. Unless otherwise specified, report information with respect to transactions that occurred during the reporting period.\n\nThese instructions specify the reporting basis and unit of measurement that applies to each item.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\nSpecific instructions\n\n### Table 1: Service providers\n\nReport all service provider expenses paid over the reporting period in Table 1 on a look-through basis. If there is no related connected entity, report the receiving entity. If expenses are with a related connected entity, report the last related connected entity in the look-through chain.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ---------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Service Provider Name Text | | All filers | Free text | Report the name of the service provider, or for accounting expenses report the name of the accounting expense. |\n| 3 | Service Provider Australian Business Number | | All filers | 11 digit valid ABN | Report the service provider ABN. |\n| 4 | Service Provider Relationship Type | | All filers | NoneParentIndirect ParentSubsidiaryIndirect SubsidiaryRSELGroup CompanyOther Related Party | Report the service provider relationship type. |\n| 5 | Service Provider Shareholding Relationship Percent | | All filers | Percentage to 2 decimal places | Report the service provider shareholding relationship level (relative to the RSE licensee) as a percentage. |\n| 6 | Service Provider Shareholding Relationship Detail Text | | All filers | Free text | Report further detail on the service provider shareholding relationship. |\n| 7 | Responsible Person Service Provider Relationship Indicator | | All filers | YesNo | Report whether any responsible persons of the RSE licensee have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest . |\n| 8 | Responsible Person Service Provider Relationship Text | | All filers | Free text | If responsible persons have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest, report details of the relationship with the service provider. |\n| 9 | Service Provider Relationship Other Text | | All filers | Free text | Report other relationships. |\n| 10 | Service Arrangement Outsourced Indicator | | All filers | InsourcedOutsourced | Report whether the service arrangement is insourced or outsourced. |\n\n### Table 2: Administration and other expenses reporting\n\nReport all administration and other (non-investment management) expenses for the reporting period in Table 2 on a look-through basis. If there is no related connected entity, report the total expenses with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense group type and expense type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Expense Group Type | Y | All filers | Administration ServicesMember ServicesMarketing And DistributionTrustee OfficeCorporate OverheadsOther | Report the expense group.Where the expense is paid to the RSE licensee, the expense must be apportioned across the expense groups to which it relates. |\n| 4 | Expense Type | Y | All filers | See Lists at the end of these Instructions | Report the expense type. |\n| 5 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example, if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report ‘Not applicable’. |\n| 6 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 7 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 8 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 9 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 10 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 11 | Service Arrangement Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |\n\n### Table 3: Investment management expenses\n\nReport all investment related expenses for the reporting period in Table 3 on a look-through basis. If there is no related connected entity, report the total cost amount with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense service type and asset class sector type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Investment Expense Service Type | Y | All filers | InvestmentCustodyAsset ConsultantImplemented ConsultantInvestment ResearchOther | Report the expense service type. |\n| 4 | Investment Asset Class Sector Type | Y | All filers | CashFixed IncomeEquityPropertyInfrastructureAlternativesNot Applicable | Report the asset class sector type. |\n| 5 | Investment Listing Type | Y | All filers | ListedUnlistedNot SpecifiedNot Applicable | Report the listing type of the investment. |\n| 6 | Investment Domicile Type | Y | All filers | Australian DomicileInternational DomicileNot SpecifiedNot Applicable | Report the domicile type of the investment. |\n| 7 | Asset Class Description Text | Y | All filers | Free text | Report the asset class further description. |\n| 8 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report 'Not applicable'. |\n| 9 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 10 | Investment Market Value Amount | | All filers | Whole dollars | Report the market value of investments. |\n| 11 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 12 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 13 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 14 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 15 | Service Arrangement Investment Management Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |\n\n### Lists\n\n| Expense type | The expense type options when Administration Services is selected as the expense group option are:Call Centre ServicesComplaints And Feedback HandlingElectronic Communication DistributionInsurance AdministrationIntra Fund AdviceMember Transaction ProcessingPhysical Communication DistributionRecord KeepingOtherThe expense type options when Member Services is selected as the expense group option are:Consumer TestingDigital Technology ServicesData AnalyticsExisting Member CampaignsIT Service ProviderMember Acquisition CampaignsMember Education ProgrammesOnline CalculatorsPlatform ProviderOtherThe expense type options when Marketing And Distribution is selected as the expense group option are:Financial PlannersFinancial Planning Payments To ExternalsMarketingPromoterOtherThe expense type options when Trustee Office is selected as the expense group option are:BenchmarkingDirector Training CostsDirectors FeesFees Relating To Potential MergersGeneral ExpensesOtherThe expense type options when Corporate Overheads is selected as the expense group option are:AccountantActuarial FeesAdvertising Or MarketingAmortisation And DepreciationBrokerageCapital ExpenditureComputersConferencesConsultant FeesData AnalyticsEntertainmentExternal AuditInternal AuditInvestment ConsultingIT Service ProviderLegalMotor VehiclesPayments Or Donations To Industry BodiesPayments Or Donations To Political PartiesPayments Or Donations To Trade BodiesPayrollPlatform ProviderPremisesProfessional IndemnityProfitRecruitmentRegulatory LeviesResearchSponsorshipTax Agent FeesTrainingTravelValuationOtherThe expense type option when Other is selected as the expense group option is:Other |\n| ------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":20},{"sectionNumber":"An RSE licensee must complete SRF 332.0 ","sectionType":"division","heading":"An RSE licensee must complete SRF 332.0 applying the materiality thresholds, for each reporting period ending on or after 30 June 2021 but before 30 June 2022. Report expenses on a look-through basis, as explained under Reporting basis and unit of measurement in these Instructions.","content":"# Reporting Form SRF 332.0\n\n# Expenses\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 332.0 Expenses (SRF 332.0).\n\n## General directions and notes\n\n### Reporting level\n\nSRF 332.0 must be completed by the RSE licensee for each RSE, defined benefit RSE, PST and ERF.\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided. \n \nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n### Information required\n\n### An RSE licensee must complete SRF 332.0 applying the materiality thresholds, for each reporting period ending on or after 30 June 2021 but before 30 June 2022. Report expenses on a look-through basis, as explained under Reporting basis and unit of measurement in these Instructions.\n\n### The materiality thresholds are:\n\n- Where total expenses with a service provider are greater than or equal to 5 per cent of total expenses for that expense group: the expense must be reported. If the expense is used for the purpose of more than one expense type, then apportion the expense between these expense types as appropriate.\n\n- Where the total paid to a service provider is less than 5 per cent of total expenses for that expense group: Expenses with multiple service providers below this threshold for each expense type can be aggregated. Report the service provider description in Table 1 as ‘multiple providers below 5%’.\n\n- Where the total expenses with a service provider are $10,000 or less, and the classification is unavailable: classify the expense in the expense group ‘Other’, so long as the total amount reported in the expense group ‘Other’ for this reason does not exceed 5 per cent of total expenses reported in Table 2.\n\nThe RSE licensee cannot apply a materiality threshold to any expenses with service providers which are:\n\n classified by the RSE licensee as significant expenditure under Prudential Standard SPS 515 Strategic Planning and Member Outcomes;\n payments to a related party; or\n used for the purpose of the following expense types:\n\n Marketing related expenses (including: Advertising or Marketing, Existing Member Campaigns, Member Acquisition Campaigns, and all expense types under Marketing And Distribution (expense group));\n Sponsorship;\n Payments Or Donations To Industry Bodies;\n Payments Or Donations To Political Parties;\n Payments Or Donations To Trade Bodies.\n\nAn RSE licensee must complete SRF 332.0 for all expenses in respect of each reporting period ending on or after 30 June 2022.\n\n### Reporting basis and unit of measurement\n\n:\n\nRSE licensees must report all items on SRF 332.0 in accordance with the Australian Accounting Standards unless otherwise specified.\n\nThe total service arrangement cost amounts and total service arrangement investment cost amounts reported in SRF 332.0 should reflect the total expenses in the RSE, defined benefit RSE, PST or ERF’s financial statements. Amounts in SRF 332.0 should and are to be reported on an accrual’s basis.\n\nAmounts in SRF 332.0 are to be reported on an APRA look-through basis.[\\[6\\]](#_ftn6) The look-through chain will end with the expenses from the last related connected entity to the first entity that is not a related connected entity.\n\nAmounts in SRF 332.0 are to be reported as percentages or whole numbers. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.\n\nItems on SRF 332.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period. Unless otherwise specified, report information with respect to transactions that occurred during the reporting period.\n\nThese instructions specify the reporting basis and unit of measurement that applies to each item.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\nSpecific instructions\n\n### Table 1: Service providers\n\nReport all service provider expenses paid over the reporting period in Table 1 on a look-through basis. If there is no related connected entity, report the receiving entity. If expenses are with a related connected entity, report the last related connected entity in the look-through chain.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ---------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Service Provider Name Text | | All filers | Free text | Report the name of the service provider, or for accounting expenses report the name of the accounting expense. |\n| 3 | Service Provider Australian Business Number | | All filers | 11 digit valid ABN | Report the service provider ABN. |\n| 4 | Service Provider Relationship Type | | All filers | NoneParentIndirect ParentSubsidiaryIndirect SubsidiaryRSELGroup CompanyOther Related Party | Report the service provider relationship type. |\n| 5 | Service Provider Shareholding Relationship Percent | | All filers | Percentage to 2 decimal places | Report the service provider shareholding relationship level (relative to the RSE licensee) as a percentage. |\n| 6 | Service Provider Shareholding Relationship Detail Text | | All filers | Free text | Report further detail on the service provider shareholding relationship. |\n| 7 | Responsible Person Service Provider Relationship Indicator | | All filers | YesNo | Report whether any responsible persons of the RSE licensee have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest . |\n| 8 | Responsible Person Service Provider Relationship Text | | All filers | Free text | If responsible persons have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest, report details of the relationship with the service provider. |\n| 9 | Service Provider Relationship Other Text | | All filers | Free text | Report other relationships. |\n| 10 | Service Arrangement Outsourced Indicator | | All filers | InsourcedOutsourced | Report whether the service arrangement is insourced or outsourced. |\n\n### Table 2: Administration and other expenses reporting\n\nReport all administration and other (non-investment management) expenses for the reporting period in Table 2 on a look-through basis. If there is no related connected entity, report the total expenses with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense group type and expense type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Expense Group Type | Y | All filers | Administration ServicesMember ServicesMarketing And DistributionTrustee OfficeCorporate OverheadsOther | Report the expense group.Where the expense is paid to the RSE licensee, the expense must be apportioned across the expense groups to which it relates. |\n| 4 | Expense Type | Y | All filers | See Lists at the end of these Instructions | Report the expense type. |\n| 5 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example, if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report ‘Not applicable’. |\n| 6 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 7 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 8 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 9 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 10 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 11 | Service Arrangement Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |\n\n### Table 3: Investment management expenses\n\nReport all investment related expenses for the reporting period in Table 3 on a look-through basis. If there is no related connected entity, report the total cost amount with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense service type and asset class sector type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Investment Expense Service Type | Y | All filers | InvestmentCustodyAsset ConsultantImplemented ConsultantInvestment ResearchOther | Report the expense service type. |\n| 4 | Investment Asset Class Sector Type | Y | All filers | CashFixed IncomeEquityPropertyInfrastructureAlternativesNot Applicable | Report the asset class sector type. |\n| 5 | Investment Listing Type | Y | All filers | ListedUnlistedNot SpecifiedNot Applicable | Report the listing type of the investment. |\n| 6 | Investment Domicile Type | Y | All filers | Australian DomicileInternational DomicileNot SpecifiedNot Applicable | Report the domicile type of the investment. |\n| 7 | Asset Class Description Text | Y | All filers | Free text | Report the asset class further description. |\n| 8 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report 'Not applicable'. |\n| 9 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 10 | Investment Market Value Amount | | All filers | Whole dollars | Report the market value of investments. |\n| 11 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 12 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 13 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 14 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 15 | Service Arrangement Investment Management Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |\n\n### Lists\n\n| Expense type | The expense type options when Administration Services is selected as the expense group option are:Call Centre ServicesComplaints And Feedback HandlingElectronic Communication DistributionInsurance AdministrationIntra Fund AdviceMember Transaction ProcessingPhysical Communication DistributionRecord KeepingOtherThe expense type options when Member Services is selected as the expense group option are:Consumer TestingDigital Technology ServicesData AnalyticsExisting Member CampaignsIT Service ProviderMember Acquisition CampaignsMember Education ProgrammesOnline CalculatorsPlatform ProviderOtherThe expense type options when Marketing And Distribution is selected as the expense group option are:Financial PlannersFinancial Planning Payments To ExternalsMarketingPromoterOtherThe expense type options when Trustee Office is selected as the expense group option are:BenchmarkingDirector Training CostsDirectors FeesFees Relating To Potential MergersGeneral ExpensesOtherThe expense type options when Corporate Overheads is selected as the expense group option are:AccountantActuarial FeesAdvertising Or MarketingAmortisation And DepreciationBrokerageCapital ExpenditureComputersConferencesConsultant FeesData AnalyticsEntertainmentExternal AuditInternal AuditInvestment ConsultingIT Service ProviderLegalMotor VehiclesPayments Or Donations To Industry BodiesPayments Or Donations To Political PartiesPayments Or Donations To Trade BodiesPayrollPlatform ProviderPremisesProfessional IndemnityProfitRecruitmentRegulatory LeviesResearchSponsorshipTax Agent FeesTrainingTravelValuationOtherThe expense type option when Other is selected as the expense group option is:Other |\n| ------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":21},{"sectionNumber":"The materiality thresholds are:","sectionType":"division","heading":"The materiality thresholds are:","content":"### The materiality thresholds are:\n\n- Where total expenses with a service provider are greater than or equal to 5 per cent of total expenses for that expense group: the expense must be reported. If the expense is used for the purpose of more than one expense type, then apportion the expense between these expense types as appropriate.\n\n- Where the total paid to a service provider is less than 5 per cent of total expenses for that expense group: Expenses with multiple service providers below this threshold for each expense type can be aggregated. Report the service provider description in Table 1 as ‘multiple providers below 5%’.\n\n- Where the total expenses with a service provider are $10,000 or less, and the classification is unavailable: classify the expense in the expense group ‘Other’, so long as the total amount reported in the expense group ‘Other’ for this reason does not exceed 5 per cent of total expenses reported in Table 2.\n\nThe RSE licensee cannot apply a materiality threshold to any expenses with service providers which are:\n\n classified by the RSE licensee as significant expenditure under Prudential Standard SPS 515 Strategic Planning and Member Outcomes;\n payments to a related party; or\n used for the purpose of the following expense types:\n\n Marketing related expenses (including: Advertising or Marketing, Existing Member Campaigns, Member Acquisition Campaigns, and all expense types under Marketing And Distribution (expense group));\n Sponsorship;\n Payments Or Donations To Industry Bodies;\n Payments Or Donations To Political Parties;\n Payments Or Donations To Trade Bodies.\n\nAn RSE licensee must complete SRF 332.0 for all expenses in respect of each reporting period ending on or after 30 June 2022.","sortOrder":22},{"sectionNumber":"Reporting basis and unit of measurement","sectionType":"division","heading":"Reporting basis and unit of measurement","content":"### Reporting basis and unit of measurement\n\n:\n\nRSE licensees must report all items on SRF 332.0 in accordance with the Australian Accounting Standards unless otherwise specified.\n\nThe total service arrangement cost amounts and total service arrangement investment cost amounts reported in SRF 332.0 should reflect the total expenses in the RSE, defined benefit RSE, PST or ERF’s financial statements. Amounts in SRF 332.0 should and are to be reported on an accrual’s basis.\n\nAmounts in SRF 332.0 are to be reported on an APRA look-through basis.[\\[6\\]](#_ftn6) The look-through chain will end with the expenses from the last related connected entity to the first entity that is not a related connected entity.\n\nAmounts in SRF 332.0 are to be reported as percentages or whole numbers. Percentages are to be reported as an unconverted number to two decimal places. For example, 12.34 per cent is to be reported as 0.1234.\n\nItems on SRF 332.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period. Unless otherwise specified, report information with respect to transactions that occurred during the reporting period.\n\nThese instructions specify the reporting basis and unit of measurement that applies to each item.","sortOrder":23},{"sectionNumber":"Definitions","sectionType":"division","heading":"Definitions","content":"### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\nSpecific instructions","sortOrder":24},{"sectionNumber":"Table 1: Service providers","sectionType":"division","heading":"Table 1: Service providers","content":"### Table 1: Service providers\n\nReport all service provider expenses paid over the reporting period in Table 1 on a look-through basis. If there is no related connected entity, report the receiving entity. If expenses are with a related connected entity, report the last related connected entity in the look-through chain.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ---------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Service Provider Name Text | | All filers | Free text | Report the name of the service provider, or for accounting expenses report the name of the accounting expense. |\n| 3 | Service Provider Australian Business Number | | All filers | 11 digit valid ABN | Report the service provider ABN. |\n| 4 | Service Provider Relationship Type | | All filers | NoneParentIndirect ParentSubsidiaryIndirect SubsidiaryRSELGroup CompanyOther Related Party | Report the service provider relationship type. |\n| 5 | Service Provider Shareholding Relationship Percent | | All filers | Percentage to 2 decimal places | Report the service provider shareholding relationship level (relative to the RSE licensee) as a percentage. |\n| 6 | Service Provider Shareholding Relationship Detail Text | | All filers | Free text | Report further detail on the service provider shareholding relationship. |\n| 7 | Responsible Person Service Provider Relationship Indicator | | All filers | YesNo | Report whether any responsible persons of the RSE licensee have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest . |\n| 8 | Responsible Person Service Provider Relationship Text | | All filers | Free text | If responsible persons have a relationship with the service provider which results in a relevant duty or a relevant interest in accordance with Prudential Standard SPS 521 Conflicts of Interest, report details of the relationship with the service provider. |\n| 9 | Service Provider Relationship Other Text | | All filers | Free text | Report other relationships. |\n| 10 | Service Arrangement Outsourced Indicator | | All filers | InsourcedOutsourced | Report whether the service arrangement is insourced or outsourced. |","sortOrder":25},{"sectionNumber":"Table 2: Administration and other expens","sectionType":"division","heading":"Table 2: Administration and other expenses reporting","content":"### Table 2: Administration and other expenses reporting\n\nReport all administration and other (non-investment management) expenses for the reporting period in Table 2 on a look-through basis. If there is no related connected entity, report the total expenses with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense group type and expense type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Expense Group Type | Y | All filers | Administration ServicesMember ServicesMarketing And DistributionTrustee OfficeCorporate OverheadsOther | Report the expense group.Where the expense is paid to the RSE licensee, the expense must be apportioned across the expense groups to which it relates. |\n| 4 | Expense Type | Y | All filers | See Lists at the end of these Instructions | Report the expense type. |\n| 5 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example, if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report ‘Not applicable’. |\n| 6 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 7 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 8 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 9 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 10 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 11 | Service Arrangement Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |","sortOrder":26},{"sectionNumber":"Table 3: Investment management expenses","sectionType":"division","heading":"Table 3: Investment management expenses","content":"### Table 3: Investment management expenses\n\nReport all investment related expenses for the reporting period in Table 3 on a look-through basis. If there is no related connected entity, report the total cost amount with the receiving entity. If expenses are with a related connected entity, report the total cost amount from the last related connected entity in the look-through chain to the first entity that is not a related connected entity. For each entity in the look-through chain, report any expense not on paid to a further related connected entity. Classify the amount for each relevant expense service type and asset class sector type for which the entity provides a service to the RSE, including the extent to which, for each related connected entity in the look-though chain, that entity’s profit is attributable to that expense amount.\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | ------------------------------------------------------------------------------------------- | ----------------- | ------------- | ------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Service Provider Identifier | Y | All filers | No more than 20 alpha-numeric characters (with no special characters) | Report the service provider identifier. |\n| 2 | Superannuation Fund Or Licensee Type | Y | All filers | RSEDB RSEPSTERF | Report the RSE, DB RSE, PST or ERF indicator. |\n| 3 | Investment Expense Service Type | Y | All filers | InvestmentCustodyAsset ConsultantImplemented ConsultantInvestment ResearchOther | Report the expense service type. |\n| 4 | Investment Asset Class Sector Type | Y | All filers | CashFixed IncomeEquityPropertyInfrastructureAlternativesNot Applicable | Report the asset class sector type. |\n| 5 | Investment Listing Type | Y | All filers | ListedUnlistedNot SpecifiedNot Applicable | Report the listing type of the investment. |\n| 6 | Investment Domicile Type | Y | All filers | Australian DomicileInternational DomicileNot SpecifiedNot Applicable | Report the domicile type of the investment. |\n| 7 | Asset Class Description Text | Y | All filers | Free text | Report the asset class further description. |\n| 8 | Service Arrangement Inclusions Exclusions Text | Y | All filers | Free text | Report the detail of how the service arrangement differs with particular inclusions or exclusions. For example if the general administration service provider excludes the call centre function, highlight this here and include a separate row for the call centre function service provider under ‘member services’ service type category.If there are no inclusions or exclusions applicable to the expense, report 'Not applicable'. |\n| 9 | Service Arrangement Engagement Type | | All filers | One OffOngoing | Report the engagement type. |\n| 10 | Investment Market Value Amount | | All filers | Whole dollars | Report the market value of investments. |\n| 11 | Proportion Of Assets Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of assets to which service is provided. |\n| 12 | Proportion Of Members Service Provided Percent | | All filers | Percentage to 2 decimal places | Report the proportion of members to which service is provided. |\n| 13 | Service Arrangement Registrable Superannuation Entity Or Member Cohort Different Cover Text | | All filers | Free text | If the proportion of members to which service is provided is not 100%, report the description of the member cohort covered and / or not covered under this service arrangement. |\n| 14 | Payment SPS 515 Materiality Indicator | | All filers | YesNo | Report whether this expense is material for the purposes of SPS 515 materiality. |\n| 15 | Service Arrangement Investment Management Cost Amount | | All filers | Whole dollars | Report the total cost of the service arrangement. |","sortOrder":27},{"sectionNumber":"Lists","sectionType":"division","heading":"Lists","content":"### Lists\n\n| Expense type | The expense type options when Administration Services is selected as the expense group option are:Call Centre ServicesComplaints And Feedback HandlingElectronic Communication DistributionInsurance AdministrationIntra Fund AdviceMember Transaction ProcessingPhysical Communication DistributionRecord KeepingOtherThe expense type options when Member Services is selected as the expense group option are:Consumer TestingDigital Technology ServicesData AnalyticsExisting Member CampaignsIT Service ProviderMember Acquisition CampaignsMember Education ProgrammesOnline CalculatorsPlatform ProviderOtherThe expense type options when Marketing And Distribution is selected as the expense group option are:Financial PlannersFinancial Planning Payments To ExternalsMarketingPromoterOtherThe expense type options when Trustee Office is selected as the expense group option are:BenchmarkingDirector Training CostsDirectors FeesFees Relating To Potential MergersGeneral ExpensesOtherThe expense type options when Corporate Overheads is selected as the expense group option are:AccountantActuarial FeesAdvertising Or MarketingAmortisation And DepreciationBrokerageCapital ExpenditureComputersConferencesConsultant FeesData AnalyticsEntertainmentExternal AuditInternal AuditInvestment ConsultingIT Service ProviderLegalMotor VehiclesPayments Or Donations To Industry BodiesPayments Or Donations To Political PartiesPayments Or Donations To Trade BodiesPayrollPlatform ProviderPremisesProfessional IndemnityProfitRecruitmentRegulatory LeviesResearchSponsorshipTax Agent FeesTrainingTravelValuationOtherThe expense type option when Other is selected as the expense group option is:Other |\n| ------------ | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |","sortOrder":28}],"analysis":{"flash_summary":{"complexity_score":7,"scope_assessment":{"changed":false,"description":"The Standard explicitly applies to RSE licensees in respect of each RSE, defined benefit RSE, PST and ERF and sets phased commencement dates (initial reporting for 2021–22 and mandatory reporting from 30 June 2022). The text contains no provision amending or expanding that class of entities beyond those definitions, so there is no indication the scope has changed from the instrument as drafted (see Application and Initial information required)."},"complexity_factors":["Look‑through reporting requirement across related connected entities (trace expenses to last related connected entity).","Multiple reporting tables with many required fields and primary‑key constraints (service provider, administration and investment tables).","Materiality thresholds with exceptions (5% threshold, $10,000 rule, and categories excluded from aggregation).","Audit and assurance requirements (annual review and at least a limited assurance engagement by the RSE auditor).","Strict filing mechanics and data formats (electronic submission, digital certificate signature, percentage/number formats).","APRA discretion to change reporting periods, grant extensions and make minor variations to forms (introduces regulatory variability).","Phased commencement and different deadlines for initial and ongoing reporting (transitional reporting windows)."],"plain_english_summary":"This Reporting Standard requires RSE licensees to supply APRA with detailed, look‑through expense data (administration and investment) on an accruals basis, using specified electronic forms, materiality thresholds and filing deadlines, with auditor review and digital authorisation. \n\nAPRA says it will use the data for prudential supervision and publication (ASIC may also use it). The rules create compliance tasks for licensees (data assembly, look‑through tracing, auditor assurance) and give APRA written discretion to vary reporting periods or grant extensions."},"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":2565},"content_quality":"ok","complexity_score":8,"scope_assessment":{"changed":false,"description":"This is the original determination establishing Reporting Standard SRS 332.0. It introduces comprehensive expense reporting requirements for superannuation entities with a transition period commencing 30 June 2021, rather than modifying or expanding existing requirements."},"complexity_factors":["\"Look-through basis\" accounting requiring tracing of expenses through chains of related connected entities to the ultimate non-related recipient","Three separate data tables with 36 distinct data fields, multiple primary key constraints, and specific validation rules (e.g., percentages reported as unconverted decimals to 4 places: 0.1234 for 12.34%)","Tiered materiality thresholds (5% general rule, $10,000 de minimis) with extensive carve-outs prohibiting aggregation for related parties, SPS 515 significant expenditures, and specific expense types (marketing, political donations, sponsorship)","Extensive cross-referencing to other legislative instruments: SIS Act, Prudential Standards SPS 310, SPS 515 and SPS 521, and Reporting Standard SRS 101.0","Detailed expense taxonomy with 6 expense groups containing over 40 specific expense types that must be mapped correctly","Dual-phase commencement with different rules for transition period (2021-2022) versus ongoing reporting (post-30 June 2022)"],"plain_english_summary":"This APRA Reporting Standard requires trustees of registrable superannuation entities — including defined benefit funds, PSTs and ERFs — to annually report detailed breakdowns of their expenses to APRA. \n\nIt forces greater transparency about who is paid (including related parties) and how member funds are spent, strengthening APRA’s oversight and public visibility of fees and cost drivers."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-15-of-2021","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-15-of-2021/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-15-of-2021/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-15-of-2021/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-15-of-2021/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-15-of-2021/documents"}}