YFYS test spurs funds to review their investment menus superreview.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from superreview.com.au Daily Mail and Mail on Sunday newspapers.
As the likes of Crescent Wealth and Insignia Financial respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming products are looked after.
Almost 100 of 800 investment options in the so-called “choice” market for superannuation failed the prudential regulator’s earnings and fees benchmark.