Show download pdf controls
  • SMSF Rollovers and Release Authorities v3 Co-design Group key messages 12 November 2019

    Welcome

    The chair welcomed attendees to the SMSF Rollovers and Release Authorities v3 Co-design Group and thanked those that have provided feedback and assured the group all feedback had been taken into account.

    Project update

    The ATO provided a summary as to the progress of the project including the detailed design, system changes, legislative framework, communication pieces and developing scenarios for each possible release authorities encounter.

    Message Implementation Guide update and user guide discussion

    • The ATO ran through both the technical artefacts and the User Guide.
    • The group were advised that the ATO are looking for feedback by the 15 November 2019 to publish final documents week beginning 18 November 2019.
    • Detail discussion focussed on the user guide, issues impacting funds, and the ATO deployment and transition timeframes.

    Meeting wrap-up

    • The chair closed the meeting by thanking all attendees.
    • Group advised the ATO will be looking to confirm the deployment and transition timeframe before the end of the year.
    • Group to come together in the New Year to discuss security elements including those ATO had implemented to provide a greater level of assurance as well as listen to any further ideas/concerns.
      Last modified: 16 Mar 2020QC 61786