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Showing 21 - 30 of 81 results for "Super fees"

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
... members will go from paying for one account to paying for two. "If we open a BT Super account for your insurance, BT Super fees and costs (including insurance fees) will also apply to your new BT Super account," the document states. According to Rainmaker ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
Members of AMP's super products will see savings across both administration and investment fees from October, with some set to make significant savings. As a result of consolidating its superannuation products from 11 to three, AMP's MySuper ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... consumers, including upholding the role of trustees to oversee fund promotion. With more than $30 billion collected in super fees annually, we believe the industry can drive higher standards through its people, technology, and processes," Certane Group ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Fees charged by MySuper products could halve over the next decade to a median of 0.5% per year, says Rainmaker Information which analysed the fees of 457 super products over the last six months. The research found MySuper products charged members median ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
Members of merged superannuation funds are $15,000 better off in retirement, new research shows. An analysis by Super Consumers Australia (SCA) found MySuper fees of merged entities dropped by 13.4% on average. The consumer advocate group looked at ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... underperformance." The government will also launch YourSuper, an online portal aimed at educating Australians about super fees and returns. "Over the next decade, the reforms announced tonight will reduce waste in the system and save Australian workers ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... to a recent study conducted by Rainmaker. The key finding of a review of 2720 products offered by 169 super funds, super fees came in at a total of $29.6 billion in 2019-20 - down 5% year on year. If we consider super assets as a share of gross domestic ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... Gordon, over excessive fees allegedly charged to AMP Super members, and one from Maurice Blackburn over, also over super fees. Shine Lawyers is investigating the possibility of a class action against AMP over alleged wrongful overcharging in insurance ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
APRA analysis shows a significant proportion of MySuper members have been spared more than $100 million in fees in the last six months thanks to the introduction of its heatmap. Updating its MySuper heatmap to reflect changes in the fees charged, APRA ...