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Superannuation

AIST attacks big-bank default grandfathering

Bank-owned retail funds should be forced to roll all their default superannuation members out of high-fee products into low-fee MySuper products, according to the Australian Institute of Superannuation Trustees (AIST).

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Read more: MySuper productsSuperannuationAISTAustralian InstituteSuperannuation TrusteesColonial First StateDavid HaynesFinancial StandardJune 2017MySuper options