Superannuation Performance Test Regulations 2023

This consultation process has now been completed. Submissions available
Date
-
Consultation Type
Exposure Draft Regulations

Key Documents

The government is updating the annual superannuation performance test to address issues raised in Treasury’s review of the Your Future, Your Super laws.

The government is now seeking stakeholder views on exposure draft regulations.

The regulations:

  • amend the testing period, benchmarks and notification letter that trustees of failed products send to members
  • provide minor technical changes to improve accuracy, reduce administrative burden for APRA and ensure the test is fit‑for‑purpose when it is extended to trustee‑directed products.

Submissions

40 submissions were received for this consultation, including 12 confidential submissions.

Actuaries Institute - pdf 67.34 KB
AFMA - pdf 177.69 KB
AIST - pdf 366.46 KB
AMP - pdf 474.14 KB
ASFA - pdf 376.27 KB
AustralianSuper - pdf 178.8 KB
Aware Super - pdf 195.52 KB
BlackRock - pdf 174.73 KB
CAANZ and CPA - pdf 482.41 KB
Cbus - pdf 171.55 KB
ClearBridge Investments - pdf 157.97 KB
Conexus Institute - pdf 314.54 KB
Ethical Super Australia - pdf 319.72 KB
Frontier Advisors - pdf 119.88 KB
Industry Super Australia - pdf 357.02 KB
Maple-Brown Abbott - pdf 522.89 KB
Mercer - pdf 34.77 KB
MYOB and Flare - pdf 771.06 KB
Prime Super - pdf 108.79 KB
Rest - pdf 125.54 KB
WTW - pdf 153.69 KB