MySuper is bringing fees down: Rice WarnerBY JAMES FERNYHOUGH | THURSDAY, 29 MAY 2014 1:00PMMySuper is doing its job in bringing down superannuation fees despite recent reports to the contrary, according to Rice Warner head of superannuation market insights Nathan Bonarius. Related News |
Editor's Choice
Antares winds up Ex-20 Aussie equities fund
The Antares Capital Partners' Ex-20 Australian Equities Fund has been terminated after a seven-year run.
J.P. Morgan launches active Aussie equity ETF
The asset manager has listed the J.P. Morgan Australia Equity Active ETF (ASX: JPOZ) on the ASX, targeting to provide long-term return from local companies.
First Sentier expands Northern Trust mandate
Northern Trust has once again expanded its service offering with First Sentier Group, this time for its First Sentier Investors Global Growth Funds.
Bell Financial Group profit surges 133%
Bell Financial Group has reported a 133.3% increase in first half net profit after tax (NPAT) to $21.7 million, supported by stronger market conditions and increased trading activity.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Nathan Bonarius is the second person in the last two days to make a generalized statement of nonsense!
He has just looked at the fee structure, without looking at the overall position for a member in a My Super account. Some of the members now have a further impost of carrying an insurance premium. This means that should the member decide to transfer out at a future date, they will find the balance has been eroded severely by the premium that they never wanted in most instances.
Why a member needs insurance on a small balance is beyond me. It is just another gouge in the form of something that is supposedly 'necessary'.