Register now for the new 2019 automated income stream review process

7 January 2019

All income stream providers must register for the new process before their 2019 reviews.

We’ve introduced a new process for income stream reviews. It allows you to easily transfer income stream information to us electronically.

To comply with legislation, you must use it for the 2019 income stream reviews and beyond. This applies regardless of the number of members you have.

The new process doesn’t apply to:

  • Self-Managed Super Funds
  • Small APRA Super Funds
  • financial planners.

How to register

Email our Income Streams team to register for the new process.

You should register as soon as possible to comply before the 2019 reviews. Registration can take up to 4 weeks to complete. Our Income Streams team will support you through the process. This includes setting up your account.

What happens after you register

Once you’re registered, we’ll:

  • provide you with log on and password credentials
  • arrange any necessary testing
  • let you know when you’re ready to transfer live data
  • send you an information request in writing when it’s time for reviews.

The information request will let you know what to transfer to us.

Next steps

Register for the new process before your 2019 reviews.

Read more:

You can also read the Automation of Income Stream Reviews privacy notice. It has information about how we collect and use personal information under the new process.

This information was printed Thursday 23 May 2019 from https://www.humanservices.gov.au/organisations/business/news/register-now-new-2019-automated-income-stream-review-process It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.humanservices.gov.au/individuals/site-notices when using this material.

Page last updated: 7 January 2019