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Member engagement and age are two factors which could be considered in future iterations of the superannuation performance test, according to the Association of Superannuation Funds of Australia.
While the performance tests are a good idea, they fail to take into account the age or risk levels of members, meaning younger members may not in the best fund for their circumstances.
While the performance tests are a good idea, they fail to take into account the age or risk levels of members, meaning younger members may not in the best fund for their circumstances.