Number of underperforming super funds reduced and fees cut under Coalition reforms, thinktank finds

Grattan Institute urges Albanese government to retain strict criteria and annual performance tests

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The Coalition's last round of superannuation reforms has already reduced the number of underperforming funds and cut their fees by an average of 20%.

That is the conclusion of a Grattan Institute submission to the Albanese government's review of the Your Future Your Super reforms, which urges it to retain a strict test for underperformance and improve the process for selecting default funds.

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