Super operating costs rise to $150 per memberBY MARK SMITH | THURSDAY, 7 MAR 2013 12:45PMThe costs of operating and administering superannuation funds have increased despite savings made through economies of scale, data from Deloitte shows. |
Editor's Choice
AMP, CFS and Vision Super get the Epic Retirement Tick
|Three super funds, AMP Super, CFS FirstChoice and Vision Super, have joined the line-up of funds that have received the Epic Retirement Tick from Chant West and the Epic Retirement Institute.
Another C-suite member leaves Rest
|The super fund has seen another C-suite executive depart this week, following the chief financial officer's exit in August.
Brookfield AM managing partner calls time
|A Brookfield Asset Management managing partner, who at one point led the Australian private equity business, has wrapped up his 13-year tenure at the firm.
MLC Super cuts admin, investment fees
|MLC Super will cut administration and investment fees for members from October 1, with 511,000 members set to benefit from lower costs across its superannuation options.
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
Cliff Man
HEAD OF PORTFOLIO MANAGEMENT
GLOBAL X ETFS AUSTRALIA
GLOBAL X ETFS AUSTRALIA
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
'operating and administration' includes advertiing: if Industry Super is so superior to advisor-access retail product why do they spend heir member funds on team sponsorships and expensive television advertising? Perhaps with MySuper thry won't need to in future.