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Superannuation (prudential standard) determination No. 1 of 2022
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Superannuation (prudential standard) determination No. 1 of 2022
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Turn the raw legal text into a practical explanation grounded in Superannuation (prudential standard) determination No. 1 of 2022.
2. This Prudential Standard applies to all registrable superannuation entity (RSE) licensees (RSE licensees).1
3. Where an RSE licensee of a defined benefit fund is permitted to self-insure benefits, paragraphs 23 to 29 inclusive do not apply with respect to the self-insured benefits.2
4. This Prudential Standard commences on 1 July 2022 (effective date).