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Choice Heatmap dashboard - accessible version

The complete view of the Insights paper - APRA Choice Heatmap is available here: Insights paper - APRA Choice Heatmap.

For the Choice Heatmap the dashboard outlines:



  • Heighten transparency to hold trustees accountable.
  • Provide comparable measures of performance across products.
  • Promote beneficial consolidation to drive better outcomes to members.



  • 1,038 investment pathways, 163 unique super products, 604 unique investment options.
  • $292 billion member benefits, 47% of Choice accumulation phase, 77% APRA Heatmaps coverage of accumulation phase.

Significantly poor investment returns (8 years)


  • 80 options, $10 billion member benefits, 4.1% of member benefits.

Administration fees disclosed


  • Significantly high

    i. 48 products, $8.8 billion member benefits, 3.0% of member benefits

  • Average annual fee for a $50,000 balance

    i. $149 open Choice, $225 closed Choice, $137 MySuper

For more information


Email or mail to

Senior Manager, Superannuation Strategic Insights - Macro & Industry Insights

Australian Prudential Regulation Authority

GPO Box 9836, Sydney NSW 2001