The Australian Prudential Regulation Authority (APRA) has published two new frequently asked questions (FAQs) to provide further general guidance on the Government’s Your Future, Your Super performance test.
The new FAQs provide:
- APRA’s intentions to publish the 2020-21 performance test values for all MySuper products; and
- the benchmark representative administration fees and expenses (RAFE) used for the 2020-21 performance test.
The FAQs are available on the APRA website at: Your Future, Your Super Frequently Asked Questions.