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business reporter Emily Stewart

Underperforming super funds have been revealed, so what does it mean for you?

Xavier OHalloran MySuper Alex Dunnin

Are you one of the hundreds of thousands of people stuck in an underperforming super fund?

This week the financial regulator, the Australian Prudential Regulatory Authority, revealed the five MySuper funds that failed its performance test.

While the performance test is currently only for default funds, the latest APRA data shows about 60 per cent of other funds are delivering poor returns too.

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