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Mergers prompt 13% fee dropBY KARREN VERGARA | TUESDAY, 23 FEB 2021 12:20PM
Members of merged superannuation funds are $15,000 better off in retirement, new research shows.Read more: Rainmaker, Catholic Super, APRA, Australian Catholic Superannuation, Aware Super, Cbus, Energy Super, Equipsuper, Media Super, Mercer Super Trust, MTAA Super, MySuper, NGS Super, QSuper, Retirement Fund, Spirit Super, Sunsuper, Super Consumers Australia, Tasplan, Virgin Super, WA Super, Xavier O'Halloran
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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