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APRA heatmaps a good start but must apply to all sectors to truly tackle underperformance

Published: 15 Nov 2019

New heatmaps being developed by APRA will make it easier for consumers to identify underperforming super products, but must be applied consistently across all sectors Industry Super Australia says. 

Industry Super Australia Chief Executive Bernie Dean today welcomed APRA’s outline of the new heatmap system, in line with industry super funds’ longstanding position that underperformance must be dealt with.

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