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Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year's top stories largely focused on this space. However, there was one particular executive move that simply couldn't be scrolled past.
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results.
Superannuation funds that fail the performance test downplay their results and obfuscate members from understanding critical information, according to the corporate regulator.
Mercer has officially taken on BT's personal and corporate superannuation products, as well as Advance Asset Management, entering the big leagues with about $63 billion in assets.
As it readies part of its superannuation business for transfer to Mercer, BT is consolidating its remaining funds.