On Tue 10.12.2019, APRA released it first Heatmap for MySuper products – using a graduating colour scheme to provide like-for-like comparisons across 3 areas of (i) investment performance; (ii) fees and costs; and (iii) sustainability of member outcomes. It has also contacted the trustees of the worst performing MySuper products and asked them to provide or update action plans outlining how they will address weaknesses.

See below for APRA media release, links to supporting documents and a copy of the ‘heat map’ document, itself.

[Tax Month – December 2019]

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