APRA (the Australian Prudential Regulations Authority) who regulate banks and large super funds has released a new tool called a “HeatMap” they have gathered performance and fees data for a range of super funds and analysed them.
Here is the tool https://www.apra.gov.au/mysuper-product-heatmap
Please be careful and try and look at the numbers as the color coding can at times be a little misleading. It is good practice to check the performance of your super fund every few years to make sure it is still performing and it suitable for your needs.
Please note: This article is not financial advice – just a simple article letting you know about a new tool the government has released. Please consider getting financial and/or legal advice before you act.
Author Alan Maddick 18/12/2019