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  • Expressions of interest for APRA Fund consultation groups

    We have recently undertaken a review of external consultation and governance arrangements. A number of groups were established to provide governance and oversight of the SuperStream program of work. Now that the original intent of the SuperStream program of work has been delivered, it is timely to shift focus to the operation of the super system extending beyond its interactions with SuperStream and reflecting the maturity and intersecting work across the system.

    We recognise the importance of maintaining a productive relationship between the ATO and the superannuation industry as we partner in the design and operation of the super system.

    As part of the review, a membership refresh for the Superannuation Administration Group (SAG) (previously the Superannuation Administration Stakeholder Group) and Superannuation Data Standard Technical Group (SDSTG) (previously the SuperStream Technical Committee) will be undertaken.

    We are seeking expressions of interest from representatives of the super industry to be members of these groups.

    The purpose of the SAG is to identify and resolve administrative matters impacting the super system in operation and identify opportunities to improve the client experience or make the operations or administration of superannuation more efficient or effective.

    The SDSTG will provide recommendations to us and industry which will assist in managing the technical and change aspects of the data standard. This will involve active management of high priority issues and have a defined formal process for evaluation and escalation of issues and risks to the Superannuation System Reference Group.

    Membership will be limited to around 15 attendees for each group with no more than one representative from any organisation. Tenure of membership is for a period of 12 months.

    Expectations of members

    Members will be required to:

    • actively participate in discussions and contribute to the work of the group including timely response to action items
    • bring relevant knowledge and expertise of the subject matter, either from own experience or by canvassing the organisation they represent
    • bring emerging issues impacting stakeholders to the attention of the group for appropriate consideration
    • communicate with their organisation’s members the outcomes of the group’s meetings (as applicable).

    How to submit an expression of interest

    The expression of interest forms are available via the Superannuation Community on Let’s Talk as per links below. You will need to complete the relevant form for each group that you would like to register your interest in becoming a member of.

    As membership is restricted to one representative per organisation we expect your organisation to have co-ordinated prior to submitting an expression of interest. Applications will close 5.00pm AEST 1 July 2019.

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      Last modified: 21 Jun 2019QC 59404