Product dashboard—comparison between return target and return
7.9.07T Product dashboard—comparison between return target and return
MySuper product other than lifecycle MySuper product
The comparison between the return target and the return for a MySuper product other than a lifecycle MySuper product must be worked out in accordance with the MySuper product dashboard reporting standards.
The period in relation to which the comparison must be worked out is:
the last 10 whole financial years, if:
the MySuper product has been offered for at least 10 financial years; or
the MySuper product and a predecessor product, or a lifecycle stage have been offered for a total of at least 10 financial years; or
the offering period.
Lifecycle MySuper product
The comparison between the return target and the return for a lifecycle MySuper product must be worked out in relation to each lifecycle stage of the product in accordance with the MySuper product dashboard reporting standards.
The period in relation to which the comparison in relation to a lifecycle stage of a MySuper product must be worked out is:
the last 10 whole financial years, if:
the lifecycle stage of the MySuper product has been offered for at least 10 financial years; or
the lifecycle stage of the MySuper product and an equivalent stage of a predecessor product have been offered for a total of at least 10 financial years; or
the offering period.
This Act’s bill:Explanatory statement
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