Annual Performance Assessment
Our MySuper Balanced (default) product has not met the performance requirement in the APRA Annual Performance Assessment for the period ending 30 June 2021.
The Australian Prudential Regulation Authority (APRA) has given L.U.C.R.F Pty Ltd ABN 18 005 502 090 as trustee for Labour Union Co-operative Retirement Fund a notification of a determination under subsection 60C(2) of the Superannuation Industry (Supervision) Act 1993 that the requirement in subsection 60D(1) of the Act relating to performance has not been met for the MySuper product offered by L.U.C.R.F Pty Ltd, in relation to the financial year ending 30 June 2021.
APRA had not given L.U.C.R.F Pty Ltd a notification of another determination under subsection 60C(2) of the Superannuation Industry (Supervision) Act 1993 that that requirement had not been met for the MySuper product offered by L.U.C.R.F Pty Ltd, in relation to the previous financial year.
Frequently asked questions
1Past investment performance is not a reliable indicator of future investment performance.
2See investment performance across all time periods and investment options here.
3Returns are for the MySuper Balanced option since inception on 1 July 2013 and for the Balanced option prior to that which was the default option and had substantially the same asset allocation since 19 December 1978.
All figures are correct as at date of publishing (23 September 2021) and are subject to change.
Any advice on this website does not take into account your objectives, financial situation or needs. Consider whether it is appropriate to you and read the relevant PDS before making an investment decision. Issued by L.U.C.R.F Pty Ltd ABN 18 005 502 090 AFSL 258481 as trustee for the Labour Union Co-Operative Retirement Fund (LUCRF Super) ABN 26 382 680 883.