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Showing 1 - 10 of 216 results for "Performance test"

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... Guardian victims." She also urged the government to swiftly act on other measures and reforms, including the super performance test and ATO's target to facilitate unpaid super, which is costing Australians close to $6 billion per year. The consultation ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Treasury is addressing benchmarking-hugging incentives encouraged by the superannuation performance test in a new round of consultations that aim to overhaul several "unintended consequences" it has created over the last five years. Treasury acknowledges ...

Chalmers teases release of performance test reforms

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2026
Treasurer Jim Chalmers has teased the release of the superannuation performance test reforms, saying they should be expected "in the coming days or weeks". While Chalmers did not say what the reforms will be, he was clear about what he does not want ...

Concerns raised over super switching consultation

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
... 'user journey' debt created by failing service levels, legacy data matching at the ATO, and a government-mandated performance test that is effectively ordering 12,400 victims and millions more to migrate". Walsh said APRA's performance test actually ...

REI Super names new chair

RIDDHIMA TALWANI  |  THURSDAY, 2 APR 2026
... transition. "The fund delivered personalised service, good consistent outcomes for members and passed the APRA performance test comfortably each year," REI Super said. "Claire's leadership has been instrumental in guiding REI Super through an evolving ...

Superannuation advertising ban consultation launches

KARREN VERGARA  |  MONDAY, 30 MAR 2026
... qualify, amongst other conditions, the MySuper product must have passed the most recent annual superannuation performance test and the person advertising the MySuper product cannot be a connected entity of the RSE licensee that is offering the product. ...

'We've let our members down': Watson

ELIZA BAVIN  |  TUESDAY, 17 MAR 2026
... about allocating resources, making decisions about how you spend your money," he said. "The downside of APRA's performance test is that it focuses on delivering the most basic services at the absolute minimum cost. And with what we're hearing from ASIC ...

Research reveals 'alarming spike' in super switching

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
New research from Super Members Council (SMC) has revealed an "alarming spike" in the number of Australians with very small super balances and no pre-existing advice relationship taking part in super switching. The SMC research said these small-balance ...

FES Super to no longer supplement returns in default

JAMIE WILLIAMSON  |  FRIDAY, 13 FEB 2026
... and Emergency Services Superannuation Fund (FES Super) has reworked its default option as it looks to ensure performance test success. FES Super offers six investment options to members, the default being the Smoothed option. As of this month, FES Super ...

Performance test changes not necessary: ART

ELIZA BAVIN  |  FRIDAY, 16 JAN 2026
Following Treasurer Jim Chalmers' Economic Roundtable last year, changes to the superannuation performance test were flagged as a tool that could allow funds to invest in more diverse asset classes without worrying about failure. However, Australian ...
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