Keeping you informed
We’re here for our members
BUSSQ is committed to being open with our members about how we manage your super and the actions we're taking on your behalf.
We’ll keep you updated
The BUSSQ Super Balanced Growth (MySuper) investment option did not pass the annual performance test for the 2025-26 financial year.
BUSSQ has taken the result seriously and has already implemented a number of targeted actions to improve investment returns for members in the Balanced Growth option.
We will keep you informed through quarterly email updates and by publishing information on our website as we make further improvements.
We encourage members to speak with us if they need help. If you'd like to discuss your super, you can contact us by phone, email or in person.
Frequently asked questions
What is the annual performance test?
The annual performance test assesses a super product’s investment performance after fees over a period of time, in this case the last 10 years.
Effectively, the test is in two-parts
investment performance relative to a benchmark portfolio based on the investment option’s strategic asset allocation set by BUSSQ; and
- administration fees charged in the last financial year relative to the median fee charged by superannuation funds for
- the same category of investment option.
Products that deliver investment returns after fees more than 0.5% below the combined benchmarks over the last 10 years are classified as underperforming.
The test aims to measure how well BUSSQ has implemented the strategic asset allocation that it has set, by comparing the product’s investment return to a passively invested benchmark (hypothetical product) with the same strategic asset allocation.
The test does not measure the overall level of investment returns and does not directly measure the performance of a product against the products of other super funds.
What does this result mean?
BUSSQ’s Balanced Growth (MySuper) investment option did not meet the required level of investment returns after fees as determined under that test. This means that BUSSQ is required to notify all members invested in this option that the test was not met. A notice will be sent to these members by 24 September 2026. This will explain to these members what their options are.
Is my money safe?
There is no impact on the security of your account balance.
How will I know if investment performance has improved?
We provide members with quarterly updates on BUSSQ’s Balanced Growth (MySuper) investment performance, and monthly investment performance results for all investment options are published to the website at Investment performance - see how your super is growing
What should I do now?
Members should consider all available information when deciding whether any changes are appropriate for their circumstances.
You can change funds at any time. Switching super funds is easy and there are no exit fees. The YourSuper comparison tool can be found on the Australian Tax Office (ATO) website.
If you’re considering a change, you should take into account the benefits of any insurance cover you hold with BUSSQ. If you decide to change your super fund, any cover you have with BUSSQ may cease.
If you are considering making changes to your super in BUSSQ, there are other investment options available in the BUSSQ Investment Option menu, which you can view at Investment options - choose the best option for you or in the Product Disclosure Statement.
Can I switch investment options?
Members can switch investment options at any time. We have a range of investment options to choose from. Investment options - choose the best option for you
What is BUSSQ doing to ensure it passes next year's test?
We made changes to our investment strategy in December 2025 to improve the way the Balanced Growth (MySuper) investment option is managed. These changes are intended to improve our performance outcomes. We’ll continue to monitor our investment portfolio closely and make further changes where needed, with a focus on ensuring the approach is fit for purpose for our members.
