REP 779 Superannuation and choice products: What focus is there on performance?
Released 21 February 2024.
This report examines the role of superannuation trustees, financial advisers and Australian financial services licensees in influencing the investment options that make up member superannuation portfolios as part of a choice superannuation product. ASIC’s review considered the focus on performance, as investment in persistently underperforming choice products adversely impacts member retirement outcomes.