{"id":421005,"date":"2026-05-10T15:36:20","date_gmt":"2026-05-10T15:36:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/421005\/"},"modified":"2026-05-10T15:36:20","modified_gmt":"2026-05-10T15:36:20","slug":"australia-reviews-pension-test-as-concerns-grow-over-investment-distortions","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/421005\/","title":{"rendered":"Australia Reviews Pension Test as Concerns Grow Over Investment Distortions"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The Australian government is moving to tighten an annual performance test for the nation\u2019s A$4.5 trillion ($3.2 trillion) pension industry as concerns grow the current model may be steering investment away from some sectors.  <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The government has <a href=\"https:\/\/consult.treasury.gov.au\/c2026-763205\" title=\"link to statement\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">launched<\/a> a public consultation on the test, which measures pension fund performance against a set of benchmarks, according to a statement from Treasurer Jim Chalmers on Friday. Introduced five years ago, the test was designed to weed out under performing funds. <\/p>\n","protected":false},"excerpt":{"rendered":"The Australian government is moving to tighten an annual performance test for the nation\u2019s A$4.5 trillion ($3.2 trillion)&hellip;\n","protected":false},"author":2,"featured_media":421006,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[27463,5892,85,138,501,246,15377,266,220,111,139,69,244,245,314,4139],"class_list":["post-421005","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-alternative-investments","tag-apple-inc","tag-australia","tag-business","tag-design","tag-finance","tag-fund-manager","tag-government","tag-markets","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance","tag-superannuation","tag-youtube"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/421005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=421005"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/421005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/421006"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=421005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=421005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=421005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}