The Australian Prudential Regulation Authority (APRA) has published data on superannuation retirement products for the first time.
APRA said the information covered key performance data for 600 multi-sector investment options where the trustee sets the investment strategy or manages the investments, and included details of product fee structures, investment strategies and strategic asset allocations.
“With more and more Australians approaching and entering retirement, there is a critical need for more detailed retirement product information to help foster greater competition and innovation,” Deputy Chair Margaret Cole said in a media release.
The regulator said it would provide more insights into retirement product data, including in the 2026 Comprehensive Product Performance Package (CPPP), taking into account the different features and context of retirement products.
The data is available on the APRA website at:
- Quarterly Superannuation Industry publication
- Quarterly Superannuation Product Statistics
- Quarterly Fund-Level Statistics
“The performance of retirement products is vital to the retirement incomes received by Australians. The new data increases transparency regarding investment returns, fees and costs and investment strategies at a product level,” APRA said.
“The data is the latest enhancement to APRA’s superannuation publications and reflects its continuing focus to drive better outcomes for members in retirement.”