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Consumer group slams super self-assessmentsBY ELIZABETH MCARTHUR | MONDAY, 30 AUG 2021 12:20PM
Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre.
Read more: Super Consumers Australia, AvSuper, Maritime Super, APRA, Mercer, MOA, Toyota Super, Suncorp, TWUSUPER, Catholic Super, Commonwealth Bank Group Super, Mine Super, MLC, Local Government Super, AMG, BT, Christian Super, Colonial First State, EISS Super, Equipsuper, Hostplus, LGIAsuper, LUCRF Super, MySuper, Qantas Super, Xavier O'Halloran
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Delivering Income from Infrastructure
Hostplus and Intrust Super have finalised their merger, as first reported by Financial Standard in May.
A $2 billion industry fund has reduced its insurance premiums by more than 17%.
Perpetual Asset Management Australia launched one active ETF and is gearing up to launch a second.
La Trobe Financial has been fined for misleading investors in its $5 billion fund.
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