Information for APRA fundsVersion: 7.3
How are transfers and rollovers to SMSFs processed?
If your super fund receives a transfer or rollover request you should always:
- ensure you have adequate Proof Of Identity (POI) checks in place to confirm the identity of the member before processing the request
- check Super Fund Lookup to confirm the fund is a regulated super fund
- verify the individual is recorded by the ATO as a member of the SMSF by using the SMSF verification service in the ATO Business Portal . To access this service you will need to be registered for an AUSkey .
Guidance information has been issued to APRA trustees to assist in in managing transfers and rollovers to SMSFs.Top