An estimated 8.1 million MySuper members benefitted from a drop in total fees and costs since last year's heatmap was published.
December 20, 2022The published data for the first time includes information on the number and types of products and investment options available in the superannuation industry.
October 24, 2022Charities and consumer groups are calling for BNPL services to be regulated like other credit products to prevent unnecessary financial harm.
May 16, 2022On the whole, assets in small and medium sized super funds are declining. Large super funds can more easily spread their costs over a wider membership base.
April 11, 2022About 60% of choice products and 45% of MySuper products delivered returns below benchmarks. APRA will further intensify its supervision on trustees delivering sub-standard member outcomes.
December 17, 2021APRA plans to release its first Choice Product Heatmap in late 2021, following from its launch of the MySuper Product Heatmap in December 2019.
November 5, 202115 organisations call for the compensation scheme of last resort to include product providers, managed investment schemes and the funeral expenses industry.
October 12, 2021APRA has written to RSE licensees describing their key obligations in light of the introduction of the Your Future, Your Super reforms.
August 2, 2021Whether or not responsible lending obligations are repealed, ASIC says it will enforce lending standards as part of its focus on consumer protection.
March 29, 2021Most of the new data will be submitted from September 2021, however trustees will be allowed to defer submission of some less critical data for one year.
March 26, 2021