The quickest way to roll over funds from an APRA-regulated fund using SuperStream is to ask that fund to start the process, putting the onus on it to request relevant information.

Trustees need to be informed of the work required to complete a SuperStream rollover before it is requested to ensure it is completed on time.

Banking restrictions regarding electronic fund transfers are making it very difficult for SMSFs to use the SuperStream system to make member rollovers.

SMSFs are breaching SuperStream compliance rules for simple avoidable reasons stemming from a lack of understanding of the rollover process.