Compliance Services

Ongoing Compliance Management

SCS offers an ongoing compliance management service tailored to the specific needs of our clients, including:

  • Development and implementation of a Compliance Policy and Program
  • Regular compliance monitoring and breach reporting system
  • Annual Disclosure documentation reviews
  • Liaison with the regulators
  • Compliance and Audit Committee management

RSE and AFS Licensing Services

SCS has extensive experience in obtaining and successfully managing both AFS and RSE licenses.

  • Full RSE licence application or variation project
  • Development or review of each of the various RSE policy documents
  • AFSL licence variations or applications

Compliance Policy and Program Development

SCS develop, implement or upgrade Compliance Policy and Programs for Superannuation Funds, Fund Administrators, or AFS License holders. SCS can also develop compliance programs and provide assistance to ensure RSE requirements are met each year.

Research Services

  • Monthly publication on upcoming changes within the superannuation industry.
  • Specific position papers focusing on the impact of particular changes upon request.

 

Audit and Monitoring Services

Internal Audit programs

SCS provides internal control testing conducted by experienced staff to give comfort to your Board or Audit Committee in relation to Superannuation compliance requirements.

Annual Licence Review

Independent annual reviews on your overall compliance AFS and RSE licence conditions can be conducted and reported to your Board or Audit/Compliance committee.

Disclosure document compliance reviews

SCS can provide compliance reviews for PDS, Super Fund Annual Reports and statements, and FSGs

Compliance Checklist Provision and Monitoring

  • Development of Checklists from your existing compliance program.
  • Provision of individual compliance checklists on a monthly basis.
  • Monitoring of completion of checklists and reporting on identified breaches.

Compliance Breach Register Maintenance and Breach Reporting

  • Provision of a reporting system for use by your staff.
  • Maintenance of registers detailing breaches identified through compliance reporting, management discussion, internal audit and other monitoring functions.
  • Recommendations to management and board in relation to identified breaches.
  • Breach reporting, liaison and correspondence with Regulators, legal, auditors etc where required.

 

Training Services

Ongoing training program to meet RSE Licence obligations

RSE Licence conditions require superannuation trustees and other responsible officers to complete RSE ongoing training on an annual basis. SCS can manage your RSE training program for you, or can offer you a number of individual services tailored to your needs. As a condition of your AFS Licence, your representatives are required to complete RG146 ongoing training on an annual basis. SCS can manage your RG146 compliance program for you, or can offer you a number of individual services tailored to your needs.

Online training for RG146 Superannuation advisers

SCS provides access to an annual online training program specifically targeted at meeting the needs of representatives authorised to give general advice about superannuation.

For more detail about the online training please see the training page.