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Default MySuper fees drop to 1%: RainmakerBY JAMIE WILLIAMSON | WEDNESDAY, 20 OCT 2021 12:31PM
New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%.Read more: MySuper, Rainmaker Information, Alex Dunnin, AMG Corporate, AMIST Super, Bendigo SSSE, EISS Super, QSuper, Rest, Suncorp, UniSuper, Virgin Super Employer
The $67 billion super fund for the building and construction industries will launch new investment options as it remains focussed on growing to $150 billion.
PineBridge Investments appointed a head of wealth management for the Asia region in a newly created role.
Asset managers and superannuation funds will ramp up their digital advice offerings in 2022 as the reality of financial advisers exiting sets in.
Pendal Group has endured a disappointing quarter, with $5 billion in outflows from UK institutional clients.
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