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ABC News

Business

business reporter Emily Stewart

Superannuation funds fail financial regulator's test

MySuper Xavier OHalloran

The financial regulator has revealed five superannuation funds have failed its annual performance test.

The Australian Prudential and Regulatory Authority (APRA) tested 69 default MySuper products against investment performance, fees and costs criteria.

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Top stories on inkl right now

Christa Pike’s lawyers hold press conference after she regains consciousness in hospital – latest updates

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Michigan woman accused of hiding $1.66 million after reporting $39,960

A Michigan woman admitted filing federal tax returns that understated her income by more than $1.6 million, with prosecutors saying the money included cash taken from her employer and gambling proceeds. According to the IRS, Erin Patti-Coveyou of Moran, Michigan, pleaded guilty to making a false statement on a federal…

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'Be Careful Taking Your Children': Mum Warns Parents After Son Dies Trapped in Slide With Shirt Around His Neck

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Top stories on inkl right now

Christa Pike’s lawyers hold press conference after she regains consciousness in hospital – latest updates

Tennessee prisoner awake and speaking after surviving state’s attempt to execute her last Wednesday

The Guardian - US

Trump administration sued over plans to send election monitors to voting sites

NAACP files lawsuit after head of DoJ’s civil rights division says she hopes to send election monitors to polls

The Guardian - US

Michigan woman accused of hiding $1.66 million after reporting $39,960

The Times of India

Man arrested for posing as ICE agent to intimidate voters at polling station

Danilo Alves Silva claimed he had bought ‘prop costume’ on Amazon

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

'Be Careful Taking Your Children': Mum Warns Parents After Son Dies Trapped in Slide With Shirt Around His Neck

A 13-year-old Miami boy died after his shirt became caught on a protruding screw inside a playground slide. Authorities temporarily closed the park while investigating.

International Business Times UK

Tropical Storm Isaias near Mexico is forecast to become a hurricane

Isaias, which succeeded Tropical Depression Nine, would be the first hurricane of the belated Atlantic season

The Guardian - US

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