The Australian Prudential Regulation Authority (APRA) has released an information paper on its approach to administering the annual performance test for superannuation products, with a focus on APRA's methodology for combining investment performance in the performance test.
Ahead of this paper being published, APRA wrote to the individual trustees of products impacted by the approach outlined in the paper, as foreshadowed in APRA's letter to industry on 30 July.
The information paper can be found below:
Published 16 August 2021
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