Information for APRA fundsVersion: 7.4.12

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 through Standard Business Reporting External site software. More information can be found on External site.

Guidance External site information has been issued to APRA trustees to assist in in managing transfers and rollovers to SMSFs.