Document ID: chunk:federal_register_of_legislation:F2015L00807:body:0:p11
Version: federal_register_of_legislation:F2015L00807
Segment Type: other
Provision Reference: 
Character Range: 29004–31814

asset allocation as identified by the RSE licensee.

Lifecycle investment strategy  Represents an investment strategy within the meaning given in section 29TC(2) of the SIS Act.

PART E: Select investment options

Item 7 collects information about each select investment option within an RSE licensee's business operations. For the purposes of SRF 001.0, an intermediate account (such as a cash transaction account) which is provided for the purpose of managing transactions including the collection of fees, insurance premiums, taxes, contributions and benefit payments relating to a member's interest is a select investment option even though that account might not otherwise be selectable by the members of an RSE.

If an investment option is offered through multiple product channels or with multiple fee structures, with no change to the underlying investment strategy, apply the principles outlined in Attachment B to determine how many times the investment option is to be classified as a separate select investment option and therefore reported to APRA.

SRF 001.0 must be submitted as at 30 June each year. Where, however, an existing select investment option ceases to be offered, an RSE licensee must notify APRA of this fact by reporting 'ceased' in column 5 within 28 days of the select investment option ceasing to be offered. 'Ceased' refers to the situation where the select investment option is no longer offered to members and the value of assets in that select investment option is nil.

As the unique identifier of a select investment option is used to maintain APRA records where a select investment option's name has changed, the unique identifier must not change even if the name of the option has changed.

Unit of measurement: report dates in item 7 columns 4 and 6 as DD/MM/YYYY.

Item 7  Report each select investment option as a separate line in item 7.

        Report the ABN of the RSE in column 1.

        Report the unique identifier of the select investment option, as determined by the RSE licensee, in column 2. The identifier reported for each select investment option within a RSE must be unique and must comprise no more than 12 alpha-numeric characters (with no special characters).

        Report the name of each select investment option, as determined by the RSE licensee, in column 3.

        Report the date from which the select investment option took effect in column 4. For a new select investment option, the effective date is the date on which the select investment option is made available to members, which may be reflected in the date the first product disclosure statement for the option was issued or the date that an APIR was obtained.

        Report the select investment option status in column 5 as: 'existing', 'unchanged', 'ceased', 'no