Bring in Chilean-style super tender process: Grattan InstituteBY JAMES FERNYHOUGH | MONDAY, 28 APR 2014 12:40PMThe government should get involved in picking default superannuation funds in order to increase competition and bring down fees, a Grattan Institute report has argued. Related News |
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Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.
What a strange place for the Grattan Institute to source a superannuation fee model. Was that the land of the Juntas until recently? Apples with apples should be compared. It should not always be about fees. Industry super always talk up its low fee structure not considering some vanilla retail funds which also have low fee structures.
Many industry superannuation funds do not have anti detriment inclusions Fees created within our superannuation can include necessary commonwealth government compliance.
Keep up the think tanking Grattan Institute.