The Australian Prudential Regulation Authority (APRA) has issued a new set of frequently asked questions (FAQs) to provide further guidance on the administration of the Government's Your Future, Your Super performance test.
The new FAQs released today will provide:
- deadlines for the submission of data used in the performance test;
- expectations of RSE licensees who may fail the test for a second consecutive year; and
- APRA's approach to combining performance history for MySuper products that have been authorised under a material goodwill authorisation.
The FAQs are available on the APRA website at: Your Future, Your Super Frequently Asked Questions.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.
