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	<title>Financial Standard Comments - MySuper fees approaching KiwiSaver best practice</title>
	<description>While there is lots of self flagellation over super fund fees in Australia, Australian fund fees may be closer to best practice than we realise.</description>
	<link>https://www.financialstandard.com.au/feed/latest?story=44618186</link>
	<lastBuildDate>Tue, 21 Oct 2014 13:20:40 +1100</lastBuildDate>
	<pubDate>Tue, 21 Oct 2014 13:20:40 +1100</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Financial Standard</copyright>
	<ttl>5</ttl>
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		<title>Comment by Steve Blizard (Roxburgh Securities)</title>
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<p>However, the main issue is the net return to investors after fees. Low returns [after administrators take a hidden cut on the MER] with low fees equal a lower self-funded retirement pension. Low returns with high fees also means a lower self-funded retirement pension. Higher returns with reasonable fee levels can result in a higher self funded retirement pension. Hence self managed funds continue to boom.</p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Steve Blizard (Roxburgh Securities)</dc:creator>
		<pubDate>Tue, 21 Oct 2014 13:20:40 +1100</pubDate>
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