APRA's Sydney Office

A mix of industry and retail super funds have been identified by APRA’s much-anticipated heatmaps as the worst performers over five years.

Maritime Super, EISS Super and Christian Super are among a handful of MySuper funds that flashed dark red on the regulator’s gradient colour scheme, which shows the degree of underperformance relative to benchmarks. Other funds flagged included LUCRF, Perpetual Super and a number of retirement wrap products managed by BT Funds that includes Westpac Group Plan MySuper.

The Australian Prudential Regulation Authority said the results were a major step forward for transparency and accountability. Here are the results in full:

Sarah Jones is the deputy editor of Investment Magazine. She previously worked for Bloomberg News in London for more than 12 years covering equity markets and global asset management. Prior to moving to the UK, she worked for Australian Associated Press in Sydney covering economics and monetary policy.
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