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.
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