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Showing 11 - 20 of 53 results for "Super Consumers Australia"

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
Australians prioritise fees and charges when choosing a new superannuation fund, according to Super Consumers Australia (SCA) research. SCA's pilot nationwide survey on Australian superannuation trends revealed that 67% of consumers consider fees ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... demonstrated that this focus has reduced administration fees for consumers of MySuper products." Likewise, Super Consumers Australia (SCA) director Xavier O'Halloran praised the government's YFYS review for its plan to test some of the highest-free ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... dropping in real terms and affecting many, many more Australians." Meanwhile, industry bodies, including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... subsidies, the political fight they could ignite might not be worth it, he added. Industry bodies, including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... proposals create a two-tier system whereby poorer Australians will only be able to access conflicted advice. Super Consumers Australia director Xavier O'Halloran said the regulatory framework proposed by review chair Michelle Levy will result in independent ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... raise that it's not the right benchmark as it's not aligned with improving member outcomes. Super Consumers Australia director Xavier O'Halloran commented eight million members are now experiencing lower fees because of the greater focus ...

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
... some trustees were also failing to adequately record complaints received. In response to the report, Super Consumers Australia director Xavier O'Halloran said: "Consumers have been left on hold for too long, it's time for super funds to stop talking ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... as previously reported by Financial Standard, ASFA's Retirement Standard was labelled too high by Super Consumers Australia. The consumer body said a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income of $64,000. ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... because for too long there had been multiple accounts eroding members' fees. Meanwhile, new research from Super Consumers Australia (SCA) has found that products which failed the annual super performance test have on average cut their fees by 20%. SCA ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... continue to explore ways to improve the efficiency of their MySuper products." Commenting on the results, Super Consumers Australia director Xavier O'Halloran said they mark a clear sign that the tail of underperforming super funds is being cleaned ...