Group Super's Accumulate Plus Balanced (MySuper) option passes APRA’s Your Future, Your Super 2022 Annual Performance Assessment

Posted 31 August 2022

We can confirm that the Australian Prudential Regulation Authority (APRA) has advised that our Accumulate Plus Balanced (MySuper) investment option has passed the Your Future Your Super (YFYS) 2022 Annual Performance Assessment.

The Annual Performance Assessment is a test that assesses the net performance returns of all MySuper products compared to a prescribed benchmark. The first assessment was conducted on 1 July 2021, as part of the Government’s YFYS reforms. To find out more on the 2022 Annual Performance Assessment results, visit the APRA website. 

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This article was prepared by Commonwealth Bank Officers Superannuation Corporation Pty Limited (ABN 76 074 519 798, AFSL 246481), trustee of Commonwealth Bank Group Super (ABN 24 248 426 878), based on its understanding of current regulatory requirements and laws as at 31 August 2022. This document is not advice and provides information only. It does not take into account your individual objectives, financial situation or needs. You should read the relevant Product Disclosure Statement and Reference Guides available from our website oursuperfund.com.au/pds or by calling us, and assess whether the information is appropriate for you. You should consider seeking professional advice tailored to your personal circumstances from an authorised financial adviser before making any decisions that may affect your financial future.