Super funds and experts at odds over ‘redundant’ YFYS performance test
Vanguard Super has publicly backed the retention of the annual performance test, as a growing number of funds also warm to the status quo after tweaking their strategic asset allocation to make sure they don't fail. But while it may keep funds’ compliance officers happy, the current test is not in members' best interests, argue a number of academics and researchers who advocate for a multi-metric approach.


Regulation
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