In a letter to registrable superannuation entity licensees on 22 December 2014, APRA announced it had made revisions to Superannuation Reporting Standard SRS 711.0: SuperStream Reporting Measures.
The changes come in response to submissions by superannuation industry bodies and in consultation with Treasury and the ATO.
"These revisions will reduce the cost of reporting under SRS 711.0 to the industry, whilst ensuring that meaningful metrics are gathered regarding the extent to which key SuperStream outcomes are achieved," said the regulator.
The amendments to SRS 711.0 will limit the SuperStream reporting requirements to information relating to contributions, said the letter.
"[These] including the take up of fully SuperStream compliant contributions, alternate channels and non-conforming channels," APRA said.
"APRA expects this data should already be available to RSE licensees, given that it is integral to the good governance of the implementation of the SuperStream requirements," said the regulator.
"The reporting of information relating to rollovers will not be required under SRS 711.0," APRA said.
SRS 711.0 was deferred until 1 July 2015 in May 2014.
"The first submission of data will therefore be due by 28 October 2015, in respect of the quarter ending 30 September 2015," said the letter.
The revised version of SRS 711.0 is available here.
