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2026 Performance test

The Government’s annual superannuation performance test is intended to hold trustees accountable for performance of investment options offered to members.

For 2026, the test assessed the returns of selected investment options, being MySuper and Trustee Directed Products (TDPs), available within your super product (after your super fund deducts fees) over a period of up to 10 years to 30 June 2026.

It is important to note that the test is an assessment of an investment option over the full period and is based on a standard set of investment benchmarks, account balance ($50,000) and fee parameters (generally the highest fee applicable for any member). As a consequence, it may not be a measure of your individual experience with the investment option or your overall portfolio if you hold multiple concurrent investment options.

MySuper

For the 2026 Annual Performance test, APRA assessed the performance of MySuper associated with IOOF Employer Super and IOOF Personal Super and it passed the test.

Expand Extra Expand Essential, IOOF Employer Super, IOOF Personal Super, IOOF Pension and Cornerstone Portfolio Service

As part of the 2026 Annual Performance test, APRA assessed the TDPs under the Expand Extra, Expand Essential, IOOF Employer Super, IOOF Personal Super, IOOF Pension and Cornerstone Portfolio Service products, and while the majority of the TDPs passed the test, two TDP did not.

Note that this is the fourth year the performance test has applied to TDPs. The Government requires us to notify you if you have an investment in a TDP that does not pass the annual performance test.

If you are invested in the investment option that failed the performance test for 2026, you’ll receive a letter about this by 25 September 2026.

Results

Expand Extra and Expand Essential 2026 Performance Test

IOOF Employer Super, IOOF Personal Super and IOOF Pension 2026 Performance Test

Cornerstone Portfolio Service 2026 Performance Test