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Six funds were found to have delivered significantly poor investment returns. APRA’s latest MySuper Heatmap has revealed that six MySuper products have suffered from significantly poor investment p
The update links to super regulator updates (ATO, ASIC and APRA), legislation and cases relating to superannuation.
This edition of the Update covers: Recent legal and regulatory developments, including the release of regulatory guidance on crypto asset-related investment products,...
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal.
The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing the test.