We found that 90% of trustee directed options are estimated to pass the performance test in its current form based on 30 June 2022 data. This is an improvement from the March 2022 data which estimated that 20% of the options assessed would have failed the test. The volatile market over the second half of the financial year emphasised the importance of diversification and long-term strategy within superannuation investments, as funds experienced unique conditions relative to earlier periods in the eight-year assessment.
Kirby Rappell, Executive Director, SuperRatings
