C ON F I R M E D D E L I V E R Y D A T E S RolloversContributionsATO interactionsATO reporting C ON F I R M E D D E L I V E R Y D A T E S Page 1 of 3 STRONGER SUPER REFORM: superannuation interactions and channels 201217 APRA fund perspective ELECTRONIC FILE FORMATis shown in relevant channel: flat file, XBRL etc BDE Portal(inbound / outbound) BDE PORTAL Web service Web ECI ECIPortal Using Portal user interfaceBDE using funds business management software BDE BMS K EY RELEASE only shownwhen a change to channels / interactionsoccurs within areleaseCHANGES that happenwithin the releaseElectronic funds transfer (EFT) Paper notice / form Paper cheque$ APRA Australian PrudentialRegulationAuthorityARECTAuthority to release excess contributionstax and statementBMSBusiness management software(machine to machine) Complying fund Australian super fund thatreceives concessionaltax treatmentbecause its regulated undertherelevant super legislation and hasntbeen issued with a notice of non-complianceOOLR Outcome of lodgment report PVA Payment variation advice RARN Remittance and recovery notice RASRelease authoritystatement SBR2ebM/AS4 StandardUSMSUnclaimed super money statement FHSA First Home Saver Account DASPDeparting Australia super payment EPF Electronic portability form HISC Higher income superannuationchargeLMSLost member statement MCSMember contribution statement MIGMessage implementation guide:instructions on how to meet the dataand e-commerce standardsfor arelevant transactionValidate a fund member TFN The ATOmatches a fund members TFN against ATOdata and sends the fund a response: matched the TFN matches data held by ATO to an acceptable level unmatched no match is found for theTFN corrected the TFN provided does notmatch with the member details provided DECAPRJULDECJULJULJULDECDECDECSEPFUND INTERACTIONSCHANNELS RELEASES 20122013201420152016 D E L I V E R Y T O B E C O N F I R M E D D E L I V E R Y T O B E C O N F I R M E D Current version as of December 2014 APR Web XBRL Web XBRL Transitional periodIndustry standard: electronic format for fund-to-fund rollovers Web XBRL NEW MEMBER Validate fund member TFN & notify of new account Fund sends member identity data toATO. It compared against ATO records and ATO notifies the fund. Fund notifies ATO of new accounts. If ATO holds money, it will transfer themoney to the fund electronically SuperMatch version 2 Fund asks ATO for a list of aaccountsfor a fund member. If ATO holds money, it will transfer the money to the fund electronically. Web XBRL Pilot: 10 funds TFN validation only Rollout: all funds, including notifying new accounts Single request input TFN mandatory matched / unmatchedresponse Input TFN optionalBDE PORTAL XBRL Single request input TFN mandatory matched / unmatched As part of the governments agenda to reform superannuation, APRA-regulated fund interactions will change over time to include new interactions and conform to the data and e-commerce standards. This will change the way that funds interact with each other and the ATO.This document shows how superannuation-related interactions will change, by both channel and file format. The ATO has confirmed delivery of items shown up to December 2013. A proposed delivery schedule is shown for the remaining items. It will be confirmed on a regular basis. Comparison ATO channel/interactions used for APRA funds CHANNELValidationResponseTransportInteractionSecurity ECI ATO provides an executable file (ECI client) that funds install.ATO validates the file prior to submission Advised of warnings, but can still submit. Cant submit until errors are corrected Sent to ECI. SingleAUSkey authentication BDE Existing file formats: no facility for validation prior to submitting.XBRL file formats: ATO provides funds with a schematronfor error rules. ATO validates the file on receipt Validation report made available after submission.Fund is notified through the BDE portal From July 2013: uploaded via the Portal. From July 2014: sent via funds business management software BulkSingle AUSkey authenticationWeb ServiceATO provides funds with a schematron for error rules.ATO validates the file on receipt. A real-time validation response confirms the message has been received and is valid or not.Message sent to ATO via funds business management software (machine to machine).SingleAUSkey authenticationATO to fund via Electronic portability form (EPF) Money not held by ATO: lost member accountsand member contributionstatements Fund to fund ROLLOVERS ATO to fund via Rollover benefit statement Money held by ATO to be rolled over toa fundunclaimed super money Electronic portability form (EPF) Funds must follow industrystandards from Jul 2013 No industry standard for electronic data Cheque EFT only for APRA to APRAEFTEFTwith some exceptions $ EFT$ using Government Rollover standard using rollover initiation message of Rollover standard ECI tax XML Portability form via Rollover standardPAYMENTS Cheque Rollover benefit statement BDE PORTAL XBRL PAYMENTS ECI flat file SuperMatch report & request Rollover benefit statementOnly if rollover is to a fund that has not yet transitioned into the data standard OR a self-managed super fundelectronic data for SMSFs APRA to APRA rollovers SBR2 ECI flat file BDE BMS XBRL PAYMENT VARIATION ADVICE (PVA) Fund to ATO Iffund cant accept a payment, itsubmits a PVA PVA BDE PORTAL XBRL Paper SBR2 Single and bulk requests; TFN mandatory ATO uses bank account data Electronic only Bulk requests SBR2 SBR2 corrected response SBR2 EFT payments of ATO held USM RolloversContributionsATO interactionsATO reporting C ON F I R M E D D E L I V E R Y D A T E S C ON F I R M E D D E L I V E R Y D A T E S DECAPRJULDECJULJULJULDECDECDEC Page 2 of 3 STRONGER SUPER REFORM: superannuation interactions and channels 201217 APRA fund perspective SEPFUND INTERACTIONSCHANNELS RELEASES 20122013201420152016 D E L I V E R Y T O B E C O N F I R M E D D E L I V E R Y T O B E C O N F I R M E D ELECTRONIC FILE FORMATis shown in relevant channel: flat file, XBRL etc BDE Portal(inbound / outbound) BDE PORTAL Web service Web ECI ECIPortal Using Portal user interfaceBDE using funds business management software BDE BMS K EY RELEASE only shownwhen a change to channels / interactionsoccurs within areleaseCHANGES that happenwithin the releaseElectronic funds transfer (EFT) Paper notice / form Paper cheque$ APRA Australian PrudentialRegulationAuthorityARECTAuthority to release excess contributionstax and statementBMSBusiness management software(machine to machine) Complying fund Australian super fund thatreceives concessionaltax treatmentbecause its regulated undertherelevant super legislation and hasntbeen issued with a notice of non-complianceOOLR Outcome of lodgment report PVA Payment variation advice RARN Remittance and recovery notice RASRelease authoritystatement SBR2ebM/AS4 StandardUSMSUnclaimed super money statement FHSA First Home Saver Account DASPDeparting Australia super payment EPF Electronic portability form HISC Higher income superannuationchargeLMSLost member statement MCSMember contribution statement MIGMessage implementation guide:instructions on how to meet the dataand e-commerce standardsfor arelevant transactionValidate a fund member TFN The ATOmatches a fund members TFN against ATOdata and sends the fund a response: matched the TFN matches data held by ATO to an acceptable level unmatched no match is found for theTFN corrected the TFN provided does notmatch with the member details provided Current version as of December 2014 Using Fund member report (replaces MCS, LMS & USMS) Biannual lodgmentECI flat file MEMBER CONTRIBUTION STATEMENT (MCS) Fund to ATO Fund submits MCS Dec 2016: Fund submitsFund member report MCS BDE PORTAL flat file LOST MEMBER STATEMENT (LMS) UNCLAIMED SUPER MONEY STATEMENT (USMS) Fund to ATO Fund submits LMS, USMS Dec 2016: Fund submitsFund member report PaperInactive member accounts LMS, USMS Paper ELS ELS tagged format FUND RECEIVES OUTCOME OF LODGMENT REPORT (OOLR)OOLRs for MCS, LMS, USMS and PVA OOLR PaperECI flat file BDE PORTAL XBRL All OOLRsBDE PORTAL flat file BDE PORTAL XBRL OOLR for MCS, LMS and USMS OOLR for PVAECI flat file BDE PORTAL XBRL from employer to fund Employers make contributionsin linewith the data and e-commercestandards CONTRIBUTIONS from ATO to fund ATO makes contributionsusing datastandardsand e-commerceregulations Low income super contributionSpecial holding account (SHA) super guaranteeCo-contributions $ Cheque small employers only Large / medium employers MUSTmake contributions using standardsSmall employers MUSTmake contributions using standards (subject to consultation)EFT only Cheque Industry standard: electronic format for employer-to-fund contributions Using Government Contributions standard EFTEFT only with some exceptions to be confirmed $ Cheque EFTECI flat file PAYMENTS PAYMENTS RARN Out of scope for changes to interactions: Superannuation contributions tax (surcharge) Superannuation provider assessment data (SPAD) Assessment variation advice (AVA) Member exit statement (MES) Reasonable benefit limit reports (RBL) No industry standard for electronic data Contribution information SBR2 SBR2 BDE BMS XBRL BDE PORTAL XBRL SBR2 BDE BMS flat file Employer TFN Identity check Contributions following a rollover LISC payable to non lodgers Include Unique Super Identifier Changes to MCSRolloversContributionsATO interactionsATO reporting C ON F I R M E D D E L I V E R Y D A T E S C ON F I R M E D D E L I V E R Y D A T E S DECAPRJULDECJULJULJULDECDECDEC Page 3 of 3 STRONGER SUPER REFORM: superannuation interactions and channels 201217 APRA fund perspective SEPFUND INTERACTIONSCHANNELS RELEASES 20122013201420152016 D E L I V E R Y T O B E C O N F I R M E D D E L I V E R Y T O B E C O N F I R M E D ELECTRONIC FILE FORMATis shown in relevant channel: flat file, XBRL etc BDE Portal(inbound / outbound) BDE PORTAL Web service Web ECI ECIPortal Using Portal user interfaceBDE using funds business management software BDE BMS K EY RELEASE only shownwhen a change to channels / interactionsoccurs within areleaseCHANGES that happenwithin the releaseElectronic funds transfer (EFT) Paper notice / form Paper cheque$ APRA Australian PrudentialRegulationAuthorityARECTAuthority to release excess contributionstax and statementBMSBusiness management software(machine to machine) Complying fund Australian super fund thatreceives concessionaltax treatmentbecause its regulated undertherelevant super legislation and hasntbeen issued with a notice of non-complianceOOLR Outcome of lodgment report PVA Payment variation advice RARN Remittance and recovery notice RASRelease authoritystatement SBR2ebM/AS4 StandardUSMSUnclaimed super money statement FHSA First Home Saver Account DASPDeparting Australia super payment EPF Electronic portability form HISC Higher income superannuationchargeLMSLost member statement MCSMember contribution statement MIGMessage implementation guide:instructions on how to meet the dataand e-commerce standardsfor arelevant transactionValidate a fund member TFN The ATOmatches a fund members TFN against ATOdata and sends the fund a response: matched the TFN matches data held by ATO to an acceptable level unmatched no match is found for theTFN corrected the TFN provided does notmatch with the member details provided Current version as of December 2014 Web XBRL FUND VALIDATION SERVICE Fund to fund Request data including destination andpayment (to facilitate data standards) SECTION 299TB ATO notifies fund of invalid TFNs SECTION 299 TA ATO asks fund to replace a member TFNwith supplied correct TFN UNCLAIMED MONEY TEMPORARY RESIDENTSATO requestsfund to transfer money from account of a former temporary resident(gone for 6 months or more) Interim solution ECI flat file ECI flat file Section 20c NoticeSection 20c Notice Section 299 TB notice Section 299 TA notice CONTRIBUTION CAPS ATO authorisesfund to release money from members accountto pay excess contributionstax PAYMENT SUMMARIES DASP Departing Australia super payment (DASP) lodgment and payment of PAYG withheld from amountspaid to an individual who has leftAustraliaARECT and RASPayment Summary Annual Report DIVISION 293 TAX ATO sends Funds details of members whohave adivision 293 Deferred debt account DASPECI flat file MARMAR Fund notifies ATO of details using PORTAL secure message SECTION 299 TC ATO provides fund with TFN if they dont holdone, but member has quoted for super purposes ECI flat file BDE PORTALATO sends Funds details of members who have a division 293 Deferred debt account Funds advise the ATO when member requests an end benefit be paid ECI flat file Section 299 TA notice Rollover benefit statementOnly if rollover is to a fund that has not yet transitioned into the data standard SBR2 SBR2 SBR2 SBR2RARN populated with TFN when quoted for super purposes SBR2 web service for look-up/download of USI Send data using secure email for look-up/download of USIPayment to USITA Notice in Data Standard TC Notice in Data Standard BDE XBRL implementation for advice regarding defined benefits to funds SBR2 SBR2 Web XBRL Web XBRL Web XBRL Web XBRL Web XBRL Single Transaction Bulk Data file data Lodge Super product service Changes to contribution caps for over 60s with low Super accounts Web XBRL web service to provide Funds Details Register (SBR1)Lodge and update details