Document ID: chunk:federal_register_of_legislation:F2025L00009:reg:3:p2
Version: federal_register_of_legislation:F2025L00009
Segment Type: reg
Provision Reference: reg 3 (pt 2/3)
Character Range: 47320–50262

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 unit of measurement
SRF 332.1 captures all investment and transaction fees and costs that have been charged to members or otherwise affected member balances during the reporting period. It includes all investment and transaction fees and costs that would appear in the Periodic Statement for the superannuation product and fees and costs relating to accessible products available on superannuation platforms.

Amounts in SRF 332.1 are to be reported as whole dollars.

Items on SRF 332.1 must be reported with respect to transactions that occurred during 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).

Table 1: Investment and transaction fees and costs
Report the total investment and transaction fees and costs, for each investment manager and internally incurred, for the reporting period.

For internally incurred investment and transaction fees and costs, report the total fees and costs for each fee type against the RSE licensee.

For each investment manager, report the Asset Class Sector Type, Investment Listing Type and Investment Domicile Type that most closely aligns to the investment with each fund or asset portfolio managed by that investment manager.

For each contract with an investment manager, select one Asset Class Sector Type that best represents the asset sector, listing type and domicile assigned to the investment manager, e.g. if single sector, select the sector, if multi sector, report multi sector. No look through on asset allocation is required.

The investment and transaction fees and costs should align to fees and costs disclosed to members to meet the Australian Securities and Investments Commission's Regulatory Guide 97 ('Disclosing fees and costs in PDSs and periodic statements') obligations for superannuation products in relation to fees and costs disclosure requirements for periodic statements. For superannuation platform operators, it is expected that RSE licensees should also utilise fees and costs information required to meet reporting obligations under Reporting Standard SRS 705.0 Components of net return (SRS 705.0). For all RSEs, it is expected the total fees and costs reported under SRF 332.1 will broadly reconcile to the weighted average of investment and transaction fees and costs reported under SRS 705.0.

Column  Field name                                        Unique