Reporting Form SRF 607.0

RSE Business Model

Instruction Guide

This instruction guide is designed to assist in the completion of Reporting Form SRF 607.0 RSE Business Model (SRF 607.0). This form collects information on the structure of each RSE licensee’s business operations.

General directions and notes

Reporting level

SRF 607.0 must be completed for each RSE licensee in respect of each registrable superannuation entity (RSE), defined benefit RSE and pooled superannuation trust (PST), as relevant, within its business operations.

Reporting tables

Tables 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.

The 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.

Reporting basis and units of measurement

Amounts in SRF 607.0 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.

Items on SRF 607.0 must be reported as at the end of the reporting period.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).

Specific instructions

Table 1A: Promoter agreements

Where the RSE licensee has a Promoter agreement in place with respect to the RSE or any Superannuation Product within the RSE, report information on all Promoter agreements in place at any time during the reporting period.

Column	Field name	Unique identifier	Applicable to	Valid values	Description
1	Superannuation Product Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters)	For all superannuation products with a promoter agreement, report the superannuation product identifier. The superannuation product identifier must correspond to a superannuation product identifier reported in Reporting Standard SRS 605.0 RSE Structure (SRS 605.0). Report each superannuation product identifier as a separate line.
2	Fees And Costs Arrangement Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters)	Report the fees and costs arrangement identifier for the fees and costs arrangement for each superannuation product where a promoter agreement exists. The fees and costs arrangement identifier must correspond to a fees and costs arrangement identifier reported in Reporting Standard SRS 605.0 RSE Structure (SRS 605.0).Report each unique combination of superannuation product identifier and fees and costs arrangement identifier on a separate line.
3	Service Provider Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters)	Report the service provider identifier for the promoter. The service provider identifier must correspond to a service provider identifier reported in Reporting Standard SRS 332.0 Expenses.
4	Promoter Agreement Start Date	Y	All filers	Date values (dd/mm/yyyy)	Report the Promoter Agreement Start Date.
5	Promoter Agreement Term		All filers	Whole numbers	Where a promoter agreement exists for the superannuation product, report the term of the promoter agreement in years.
6	Promoter Agreement Renewal Date		All filers	Date values (dd/mm/yyyy)	Where a promoter agreement exists for the superannuation product, report the promoter agreement renewal date for the promoter agreement.
7	Promoter Agreement End Date		All filers	Date values (dd/mm/yyyy)	Where the Promoter Agreement ceased during the reporting period, report the Promoter Agreement End Date. Otherwise, leave this field blank.
8	Member Accounts Count		All filers	Whole numbers	Report the number of member accounts for each unique combination of superannuation product identifier, fees and costs arrangement identifier and service provider identifier.
9	Member Assets Amount		All filers	Dollar values	Report the value of member assets for each unique combination of superannuation product identifier, fees and costs arrangement identifier and service provider identifier.

Table 1B: Employer-sponsors

Where the RSE Licensee has Employer-sponsor arrangements in place with respect to the RSE or any Superannuation Product within the RSE, report information all Employer-sponsors accounting for more than 1% of member accounts of the Superannuation Product; or at a minimum the top 20 Employer-sponsors of the Superannuation Product based on the number of member accounts.

Column	Field name	Unique identifier	Applicable to	Valid values	Description
1	Superannuation Product Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters)	For all superannuation products with employer-sponsor arrangements, report the superannuation product identifier
2	Employer-sponsor ABN	Y	All filers	ABN Integer	For each superannuation product with employer-sponsor arrangements, report the ABN of all employer-sponsors accounting for more than 1% of member accounts of the superannuation product; or at a minimum the top 20 employer-sponsors of the superannuation product based on the number of member accounts. Report each employer-sponsor ABN as a separate line.
3	Employer-sponsor Name		All filers	Free text	Report the employer-sponsor business name.
4	Fees And Costs Arrangement Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters)	Report the fees and costs arrangement identifier for the fees and costs arrangement for each superannuation product where employer-sponsor arrangements exist. The fees and costs arrangement identifier must correspond to a fees and costs arrangement identifier reported in SRS605.0. Report each unique combination of superannuation product identifier, employer-sponsor ABN and fees and costs arrangement identifier on a separate line.
5	Employer Exit Type		All filers	Retain Employer Fees And Costs ArrangementDelinked Fees And Costs Arrangement	Report the fees and costs arrangement that will apply to employees who exit the employer.
6	Member Accounts Count		All filers	Whole numbers	Report the number of member accounts for each unique combination of superannuation product identifier, employer-sponsor ABN and fees and costs arrangement identifier.
7	Member Assets Amount		All filers	Dollar values	Report the value of member assets for each unique combination of superannuation product identifier, employer-sponsor ABN and fees and costs arrangement identifier.

Table 2: RSE Composition

Report each RSE that was licensed by APRA at any time during the reporting period.

Column	Field name	Unique identifier	Applicable to	Valid values	Description
1	RSE ABN	Y	All filers	ABN Integer	Report the RSE ABN/ABNs for all RSEs operated by the RSE Licensee. Report each RSE ABN as a separate line.
2	In-house Assets Held By The RSE		All filers	Dollar values	Report the value of in-house assets held by the RSE. If no in-house assets are held by the RSE, report 0.
3	In-house Assets For Which The Entity Has An Exemption By APRA		All filers	Dollar values	Report the value of in-house assets held by the RSE for which the entity has an exemption from APRA in writing. Otherwise, report 0.
4	Membership Base Type		All filers	Government BaseCorporate BaseIndustry BaseGeneral Base	Report the predominant base of members within the RSE. Where an RSE’s membership base type might be classified as more than one type of membership base type, apply the hierarchy outlined in Attachment A to these instructions when completing this item.
5	Member Complaints Received		All filers	Integer	Report the number of members complaints received from members of the RSE during the reporting period. Where no members complaints were received during the reporting period, report 0.

Table 3: PST Investor Information

Report as at the end of the reporting period:

- each investor in the PST that is an RSE and that is under the trusteeship of the same RSE licensee as the PST; and/or

- each investor in the PST that is an RSE and is one of the 10 largest investors (by size of investment in the PST), but is under the trusteeship of a different RSE licensee.

Table 3.1 - PST Redemption Notice Period

Column	Field name	Unique identifier	Applicable to	Valid values	Description
1	PST Redemption Notice Period		All filers	Whole numbers	Report the standard notice period in days required by investors for payment of withdrawals.

Table 3.2 - PST Investor Information

Column	Field name	Unique identifier	Applicable to	Valid values	Description
1	PST Investor ABN	Y	All filers	ABN Integer	Report the ABN of the investor in the PST.
2	PST Investor Name		All filers	Free text	Report the name of the investor in the PST. Report each investor as a separate line.
3	Associate		All filers	YesNo	Report if the investor is an Associate of the PST. Report for each investor listed.
4	Amount Held By PST Investor		All filers	Dollar values	Report the value of investment in the PST held by the investor.
5	Percentage Held By PST Investor		All filers	Percentage to 2 decimal places	Report the value of investment in the PST held by the investor, as a percentage of the total investment value of the PST.

Table 4: MySuper And Choice Lifecycle Stage Factors

Report each lifecycle option offered by the RSE and the defining attributes of the lifecycle option.

Column	Field name	Unique identifier	Applicable to	Valid values	Description
1	Investment Option Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters)	Report the investment option identifier.
2	Lifecycle Product Design Type		All filers	Lifecycle Portfolio Mix Design - Representative StageLifecycle Portfolio Mix Design – Dynamic MixLifecycle Cohort Design	Report the lifecycle product design type.
3	Minimum Age		All filers	Whole numbers	Where age is a factor used to determine allocation to a lifecycle stage, report the minimum allowable age. Where age is not a determinant for membership in a lifecycle stage, leave this field blank.
4	Maximum Age		All filers	Whole numbers	Where age is a factor used to determine allocation to a lifecycle stage, report the maximum allowable age. Where age is not a determinant for membership in a lifecycle stage, leave this field blank.
5	Gender		All filers	FemaleMaleNon-binaryNot Applicable	Where gender is a factor used to determine allocation to a lifecycle stage, report the gender. Where gender is not a determinant for membership in a lifecycle stage, report ‘Not Applicable’.
6	Minimum Account Balance		All filers	Whole dollars	Where a minimum account balance is set for a lifecycle stage, report the minimum account balance. Where account balance is not a determinant for membership in a lifecycle stage, leave this field blank.
7	Maximum Account Balance		All filers	Whole dollars	Where a maximum account balance is set for a lifecycle stage, report the maximum account balance. Where account balance is not a determinant for membership in a lifecycle stage, leave this field blank.
8	Minimum Contribution Rate		All filers	Percentage to 2 decimal places	Where a minimum contribution rate is set for a lifecycle stage, report the minimum contribution rate. Where contribution rate is not a determinant for membership in a lifecycle stage, leave this field blank.
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Table 5: MySuper And Choice Lifecycle Portfolio Mix Design - Dynamic Mix

For RSEs offering a 'Lifecycle Portfolio Mix Design - Dynamic Mix' representative stage lifecycle option, report the investment options and respective % allocation that comprise the underlying investment pool for each lifecycle representative stage.

Column	Field name	Unique identifier	Applicable to	Valid values	Description
1	Lifecycle Portfolio Mix Design – Dynamic Mix Investment Option Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters)	Report the investment option identifier for each lifecycle portfolio mix design – dynamic mix.
2	Underlying Investment Pool - Investment Option Identifier	Y	All filers	No more than 20 alpha-numeric characters (with no special characters)	Report the investment option identifier for all investment options the lifecycle portfolio mix design – dynamic mix is invested into. The investment option identifier must correspond to an investment option identifier reported in Reporting Form SRF 605.0 RSE Structure in SRS 605.0.
3	Percentage Allocation To Investment Pool		All filers	Percentage to 2 decimal places	For each investment option utilised as part of the underlying investment mix for the lifecycle investment option, report the percentage of allocation to that investment option.

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