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| | | Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ... |
| | | | ... government has announced the ASIC levy paid by financial advisers will revert back to 2018/19 levels for the next two years, saving the sector at least $46 million. The levy will be restored to $1142 per adviser, as was charged in 2018/19, while licensees ... |
| | | | According to the latest figures from the Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter. The ASFA Retirement Standard June quarter 2021 figures indicate that couples aged around 65 living a ... |
| | | | New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds. Rainmaker's latest Benchmarking Report shows AustralianSuper, QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become ... |
| | | | A $10 billion industry superannuation fund dropped administration and investment fees for its 86,000 members. Australian Catholic Superannuation and Retirement Fund has reduced asset-based administration fees to 0.19% for each account balance, meaning ... |
| | | | Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ... |
| | | | The international pension body is warning of the dangers in governments allowing unrestricted pension withdrawals as a pandemic response. The WPA represents pension plans and providers in Europe, the United States of America, Canada, Latin America ... |
| | | | ... the parliament on June 17. Hume said the reforms will ensure the superannuation system works harder for all Australians, saving workers $17.9 billion over 10 years by putting strong downward pressure on fees, removing unnecessary waste, and increasing ... |
| | | | ... successful trading from either the long or short side," he said. As part of the price reduction, Saxo is offering a cost saving on foreign exchange conversion fees if investors use its foreign currency account. "Despite new entrants offering zero commission ... |
| | | | Ahead of the stapling reforms being implemented, a new research paper from the Association of Superannuation Funds of Australia (ASFA) shows multiple super accounts are already in sharp decline The paper outlines the fact that ATO data suggests there ... |
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