September 17, 2021
What is MySuper and what does it mean for me?
On 31 August, the Australian Prudential Regulation Authority (APRA) released results for the first Your Future, Your Super (YFYS) annual performance test. Broadly, the net return of a superannuation fund’s MySuper product was assessed against a benchmark assessed by APRA. Products that underperform that benchmark by 0.50% or more will fail the test.
