We are seeking feedback on options to strengthen the annual superannuation performance test.
Background
The performance test was introduced to protect Australians’ retirement savings. It holds super funds accountable for their investment performance and fees.
The review aims to support super fund investment and protect outcomes for members.
This review builds on the March 2024 consultation on design options.
What we are considering
We are consulting on changes to:
- adjust benchmarks for emerging and alternative assets
- assess risk‑adjusted returns
- review the benchmarks on a regular basis
- extend the test to more superannuation products.
Why these changes matter
These changes aim to support super funds invest in their members’ best financial interests.
Any changes would continue to:
- protect strong outcomes for members
- maintain an objective test
- ensure long-term stability of the test.
Submit your response
You must submit your response on this website.
Before you submit
To help you prepare your response, we recommend that you:
- read the supporting documents
- prepare your response in Word (DOCX or RTF) format, you can also upload PDF files as an alternative
- read our submission guidelines
- read our privacy policy
You must agree to our privacy collection statement to submit your response.
If you have any issues submitting your response, you can contact us.
