Cbus announces changes to admin fees, premiumsBY JAMIE WILLIAMSON | WEDNESDAY, 11 MAY 2022 12:22PMFollowing on from the completion of its merger with Media Super, Cbus will shave its administration fees by 25%. However, at the same time, some members will begin paying more for death and TPD.
Upgrade your subscription to access this article
And gain access to:
And moreRelated News |
Editor's Choice
July 1 super changes: Are you ready?
As we celebrate the 30th birthday of the Superannuation Guarantee, the new financial year brings with it plenty of changes to super. Here's what you need to know.
Rest cuts administration fees
The industry fund has reduced asset-based administration fees across Rest Super, Rest Corporate and Rest Pension, saying its total fees are now at least 25% less than the industry average.
Adviser associations to merge
Members of the Authorised Representatives Association (ARA), have voted to close the 40-year-old association and merge with The Advisers Association (TAA).
ASIC takes Mercer Financial Advice to court
Mercer Financial Advice is being sued by ASIC over fee for no service conduct that continued after the Royal Commission and impacted members of both a corporate and government super fund.
Products
Expert Feed
Dear minister: Fixing the broken advice market
An open letter to the newly appointed minister for financial services, sharing a possible approach to revitalising and advancing the advice industry.
Like dogs, every investment style has its day
My old boss once said I was like a dog with a bone, except that the bone was buried in the backyard, and I'd keep digging until I found it. And that's ...
Reconfiguring portfolios for a structural turning point
Superannuation's structural tailwinds of the past 30 years are morphing into headwinds and traditional diversification is challenged. (As an industry) ...
Time to rethink emerging market debt?
Emerging market debt has had a tough 2022 so far but the market is reaching an inflection point. Much of the bad news is in the past and yields are beginning ...
Featured Profile
Jane Kang
GENERAL MANAGER, INVESTMENTS
PRIME SUPER
PRIME SUPER
A determined spirit has underscored all that Jane Kang has achieved so far, and that spirit is lending itself well to Prime Super, its members and its investments. Andrew McKean writes.
