MySuper product heatmap
APRA Deputy Chair Helen Rowell - Speech to AIST Online Chairs Forum
… all decisions that trustees are making. The release of the MySuper Product Heatmap last year was a game changer for transparency across …
APRA’s Superannuation Data Transformation to enhance industry transparency and accountability
… make it easier to scrutinise and reliably compare fund and product performance, especially in the choice segment of the … said. “APRA is largely satisfied with the state of our MySuper data collection, but there are some areas that … also enables the planned expansion of our new performance heatmap to include choice products.” Given the scale and …
Opening Statement to Senate Economics Legislation Committee - November 2022
… In August, APRA published the results of the 2022 MySuper performance test. While there were five failures, including four MySuper products that have now been closed to new members, … Next month, APRA will publish its fourth superannuation heatmap, which will add to the transparency around fund …
Frequently Asked Questions - Superannuation trustees' response to COVID-19
… APRA considers it critical that the next iteration of the MySuper Product Heatmap, planned for December 2020, is based on data which …
Opening Statement to Senate Economics Legislation Committee - October 2019
… the end of this year, with the publication by APRA of a heatmap showing the performance of MySuper products across a number of dimensions: returns, fees …
APRA Deputy Chair Margaret Cole - Speech to the AFR Super & Wealth Summit
… superannuation data than ever before. Since the inaugural MySuper product performance test, the number of products failing the … fund performance, by aligning the performance test and heatmap publications – and the underlying data sets. This …
APRA releases its policy and supervision priorities for 2021
… requiring capital overlays; and addressing areas of MySuper underperformance, taking enforcement action where …
Deputy Chair John Lonsdale - speech to FINSIA's The Regulators event
… that more evident than with the forthcoming release of our MySuper heatmap. A few hours ago at the ASFA 2019 conference in … out underperforming funds. Publicising our view of which MySuper funds and products are underperforming – and where …
Executive General Manager Suzanne Smith - Speech to the 2019 ASFA Conference
… What I won’t cover today is the soon to be released MySuper heatmap. I know this is front of mind for trustees and the … products and investment options. Improving visibility of product-level and investment option-level data beyond MySuper …
Opening Statement to House of Representatives Standing Committee on Economics - October 2022
… In August, APRA published the results of the 2022 MySuper performance test. While there were five failures, and …
Interim Policy and Supervision Priorities update
… will continue to assess life insurers’ progress in meeting product sustainability expectations and will monitor the … to continue to review their progress in meeting APRA’s product sustainability expectations across both individual … and APRA’s heatmaps have highlighted underperformance in MySuper and Trustee Directed Products. APRA’s supervisory …
APRA Member Margaret Cole - Speech to the AIST Conference of Major Superannuation Funds
… commentary (or perhaps I should say controversy) on. The MySuper Performance Test It’s just over a week since APRA published the results of the 2022 MySuper performance test . On the whole, the results were a … To support this, we will be publishing our Heatmap on both MySuper and choice products again later this …
Opening Statement to Senate Economics Legislation Committee - February 2023
… substandard industry practices, eradicate unacceptable product performance and improve outcomes for members. … on underperformance, including through our most recent MySuper Heatmap update. Our multi-year Superannuation Data …
APRA Chair Wayne Byres - Speech to the Australian Financial Review Banking and Wealth Summit
… – for the ultimate benefit of fund members. APRA’s MySuper Heatmaps have shown what can be done with a … are occurring. We will be issuing our next version of the Heatmap shortly with some additional analysis putting the … delivering for their members. Improving visibility of product-level and investment option-level data beyond MySuper …
The changing shape of APRA
… to in its 2019-2023 Strategic Plan. The publication of the MySuper Heatmap at the end of 2019 was a significant milestone for …
Twelve months on: APRA’s progress on the Royal Commission recommendations
… via recommendation 1.17, with developing a framework for product responsibilities under the BEAR regime; for … release of the first iteration of APRA’s superannuation heatmap, which highlights relative underperformance of MySuper products across three key performance categories: …
APRA Member Geoff Summerhayes - Speech to the Members Health Directors Professional Development Program
… Data Division, the new tool will operate similar to the MySuper heatmap, but will only be used in internal analysis and … If not, what are we doing about it? Do we have a unique product offering, or anything that gives us a competitive …
Opening Statement to the House of Representatives Standing Committee on Economics - August 2020
… were in the process of launching the first superannuation heatmap of MySuper performance and had launched a multi-year project to … 2020-21. As agreed with Treasury, one recommendation (BEAR product responsibility - recommendation 1.17) has been …
APRA Chair Wayne Byres - Speech to FINSIA 'In conversation with Wayne Byres' event
… for APRA – were just settling in. Stronger Super brought MySuper into being and was followed by reforms such as the … may well simply be a natural – if at times uncomfortable – product of having a competitive, efficient and innovative …
Freedom of information disclosure log
… from 2020 to 2023. 1 fully released document. 1.NCPD MAL product type data 2020-2023 XLSX 42.43 KB Published 15 … APRA materials relating to Reporting Standard SRS 700.0 Product dashboard (SRS 700.0), which includes the form SRF … 2022 Request for documents relating to the revisions of MySuper statistics from May to August 2021. Seven documents …