Superannuation trustees compliance in Northern Territory
Federal + NT-specific compliance obligations for superannuation trustees businesses operating in Northern Territory.
11
Total obligations
0
NT-specific
5
NT regulators
Federal obligations also applicable
Comply with APRA CPS 234 (Information Security)
APRA-regulated entities must maintain information security capability commensurate with the size and extent of threats.
Comply with Design and Distribution Obligations (DDO)
Issuers and distributors of retail financial products must have a Target Market Determination (TMD) and distribute consistently with it.
Comply with APRA CPS 230 (Operational Risk Management)
APRA-regulated entities must manage operational risk including a comprehensive third-party / outsourcing register from 1 July 2025.
Comply with Financial Accountability Regime (FAR) accountability obligations
Banking entities from 15 March 2024; insurers and super trustees from 15 March 2025.
Comply with SIS Act trustee covenants
Super fund trustees owe statutory covenants of care, skill, diligence, best financial interests, and prudent investment.
Stronger Member Outcomes — APRA SPS 515
RSE licensees must annually assess member-outcomes performance + take action.
FAR deferred remuneration arrangements (40% deferral 4 years)
FAR accountable persons must have 40% of variable remuneration deferred 4 years.
Comply with APRA CPS 220 (Risk Management)
APRA-regulated entities must have a comprehensive risk management framework.
Annual YFYS performance test (MySuper + Choice)
APRA annual performance test for MySuper products + (from 2024) Trustee Directed Products.
MySuper authorisation for default super products
Default super contributions can only flow to APRA-authorised MySuper products.
Comply with SPS 530 (Investment Governance) for APRA-regulated super funds
RSE licensees must have a documented investment governance framework.
Need the federal-only picture?
See national superannuation trustees compliance for the full federal picture.