APRA releases performance metrics and insights package to improve transparency in superannuation
The Australian Prudential Regulation Authority (APRA) has released a comprehensive package of product performance metrics and insights to increase transparency and sharpen superannuation trustees’ focus on improving member outcomes. APRA’s Comprehensive Product Performance Package, or CPPP, brings together the product performance metrics underpinning the legislated performance test and APRA’s superannuation heatmaps. The CPPP covers 876