Information for APRA funds
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
information has been issued to APRA trustees to assist in in managing transfers
and rollovers to SMSFs.