Document ID: chunk:federal_register_of_legislation:F2023L00591:front:0:p6
Version: federal_register_of_legislation:F2023L00591
Segment Type: other
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Character Range: 13431–16475

to be a representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee must use the same exchange rates across all returns submitted to APRA.

Amounts in SRF 550.0 are to be reported as whole dollars. 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 550.0 must be reported as at the end of the reporting period.

Certain items in SRF 550.0 are to be reported on an APRA-look through basis. Reporting on an APRA-look through basis means:

(a)   where the ultimate investment is held directly by the RSE licensee, reporting that investment;
(b)   where the ultimate investment is held by a person connected with the RSE licensee, reporting that investment; and
(c)   where the ultimate investment is not held by the RSE licensee or a person connected with the RSE licensee, reporting the most proximate investment, of a person connected with the RSE licensee, to the ultimate investment.[5] [6]

These instructions specify look through basis that applies to each item.

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 1: Strategic asset allocation

APRA-look through basis
Report table 1 the strategic asset allocation regardless of how investments are made.

Instructions

Strategic sector
Report the benchmark allocation to each strategic sector set as part of the board approved strategic asset allocation, reporting 'Not Applicable' for strategic subsector, strategic subsector domicile type, strategic subsector listing type and strategic subsector international economy type. Where the investment option is managed on a dynamic asset allocation basis and a benchmark asset allocation has been adopted, report the allocation in column 10. Where the investment option does not have asset allocation ranges, and thus no lower or upper benchmarks, leave column 11 and column 12 blank.

Where the listing is not specified when setting the strategic asset allocation, report investment strategic sector listing type as 'Not Specified'. Report investment strategic sector listing type as 'Not Applicable' for asset class type 'Cash'.

Where the investment domicile is not specified when setting the strategic asset allocation, report investment strategic sector domicile type as 'Not Specified'.
Report investment strategic sector international economy type as 'Not Applicable' for investment strategic sector domicile type 'Australian Domicile'. Where the investment strategic sector international economy type is not specified, report investment strategic sector domicile type as 'Not Specified'.

Where the investment option type is Separately Managed Account or Managed Discretionary Account, report the asset allocation