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Showing 11 - 20 of 53 results for "Superannuation fees"

Industry fund cuts admin fee

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
... superannuation accounts with balances less than $6000 at 3%. "Recently, there has been an increasing focus on superannuation fees, especially for members with lower balances. It was a key focus area in our annual fee review," UniSuper chief executive ...

Competition would save Australians millions in super fees: Deloitte

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
... in MySuper administration fees would equate to only a 7% reduction in total MySuper fees, or 1.5% of total superannuation fees, but added: "a reduction in fees, however small, is good for the industry and will ultimately benefit consumers." DAE noted ...

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
Retail funds collected $8.7 billion in superannuation fees in 2016 despite delivering 2% less per annum in performance over 10 years, according to Rainmaker research. The Rainmaker report was commissioned by Industry Super Australia, which argued that ...

Super objective crucial to Commission review

DARREN SNYDER  |  MONDAY, 28 NOV 2016
... fees, product innovation and higher returns for consumers." "Consumers are right to expect improvements in superannuation fees and services, however for too long now the anti-competitive and outdated industrial system has stifled competition and in many ...

Super fund investment transparency can improve

DARREN SNYDER  |  FRIDAY, 23 SEP 2016
... disclosure come following ASIC recently saying it is motivated by the inconsistent and under reporting of superannuation fees. The regulator is also working closely with the industry on performance reporting. On top of its survey, an industry analysis ...

Under reporting of super fees harming investors: ASIC

DARREN SNYDER  |  THURSDAY, 8 SEP 2016
ASIC says it is motivated by the fact that inconsistent and under reporting of superannuation fees is harming investors and as a regulator it will not allow this to continue. ASIC has also revealed it recently knocked back industry requests to extend ...

Hedge fund, PE allocations drive super fees: study

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
Higher allocation to riskier and less liquid asset classes is driving higher superannuation fees, according to a new study from the Centre for International Finance and Regulation (CIFR). The CIFR funded study analysed the factors influencing superannuation ...

Foreign managers priced out of super

ALEX BURKE  |  MONDAY, 30 MAY 2016
... returns to consumers of the countries surveyed in the study. "There is a strong body of evidence to show that superannuation fees are not only internationally competitive, but are continuing to fall over time as funds become larger and more efficient ...

Equip drops super fees

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... a competitive range of member products and services. Earlier this year Australian Ethical also reduced its superannuation fees.

Treasurer commits to improve after-fee super returns

DARREN SNYDER  |  FRIDAY, 27 NOV 2015
Federal Treasurer Scott Morrison has committed to doing more to reduce superannuation fees and improve after-fee returns for members even though super tax incentives are a cost to the government. As an approach to deliver super tax concessions that ...