APRA publishes a new FAQ on the Your Future, Your Super performance test
The Australian Prudential Regulation Authority (APRA) has issued a new frequently asked question (FAQ) to provide further guidance on the administration of the Government’s Your Future, Your Super performance test.
The new FAQ released today provides the benchmark representative administration fees and expenses for the 12 months to March 2025.
The FAQs are available on the APRA website at: Your Future, Your Super Frequently Asked Questions.
The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.