FAQs

Superannuation

temp img
Where can I find information about APRA regulated funds?
How is the APRA levy calculated?

The APRA levy is determined annually. The rate will include a restricted and unrestricted percentage calculated on the net assets in your annual return.

http://www.apra.gov.au/AboutAPRA/Pages/Industry-fees-and-levies.aspx

If your fund has wound up or terminated the net assets reported on the wind up return are nil and no annual levy is payable.

A Financial Assistance Levy (FAL) may be imposed on an APRA fund in addition to the annual levy. This is payable following government approval to recover assistance grants paid to APRA regulated funds which become a victim of fraud or similar misadventure