Business News

My super fund just failed the APRA performance test. What's next?

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

iQonceptShutterstock

Failure is only the beginning.

Thirteen of Australia’s 80 closely-regulated MySuper superannuation funds have failed the APRA performance test.

There’s a fair chance you are among the one million people in them.

The results were made public on Tuesday and handed to the funds on Monday. From here on — for the...

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