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Media Super ups fees, premiumsBY ELIZABETH MCARTHUR | THURSDAY, 13 MAY 2021 12:42PM
Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus.Read more: Media Super, Cbus, Australian Small Companies, Diversified Shares, Global Listed Infrastructure, Global Listed Property, Hannover Re, Hedged International Shares, Markets Shares, Passive Australian Shares, Passive International Shares, SmartPath
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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