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Showing 21 - 30 of 53 results for "Superannuation fees"

OPINION: Super is Murray's big rock

ANDREW BRAGG | WEDNESDAY, 18 NOV 2015

... investment. It will protect super against the latest crazy idea. Secondly, competitive tensions need to increase. Superannuation fees are inflated due to little understood laws that prevent the best and cheapest product from serving Australians. How ...

More must be done to cut fees: FSC

MARK SMITH | THURSDAY, 1 OCT 2015

... said: "On a day of reform discussion in Canberra, the new report highlights there is still more work to do on superannuation fees." "Twenty years after the introduction of super, we want to be saying that superannuation is meeting its purpose of providing ...

New faces to lead financial services policy reform

LAURA MILLAN | MONDAY, 21 SEP 2015

... complete the reform agenda established by their predecessors. "This includes delivering reforms to reduce superannuation fees, concluding the Financial System Inquiry (FSI) and creating more trade opportunities as Asian demand for financial services ...

Room to move on super investment fees

DARREN SNYDER | MONDAY, 21 SEP 2015

An increasing downward pressure and competition on superannuation fees may force super funds to become more passive in their investment strategies and potentially impair members' retirement savings. REST Industry Super chair Ken Marshman expressed this ...

Government must not mandate products for super members: AIST

DARREN SNYDER | WEDNESDAY, 2 SEP 2015

... designing a retirement income strategy and framework." Garcia said regardless of AIST's views, scrutiny of superannuation fees was not going away and the industry must communicate that value is the key criteria, not the level of fees. "AIST intends to ...

Lower super fees impact Australian Ethical

DARREN SNYDER | TUESDAY, 1 SEP 2015

A progressive reduction in superannuation fees over the medium term is having a significant impact on revenues at Australian Ethical Investments. Yesterday Australian Ethical reported a full-year net profit after tax of $1.97 million, down 23% on 2014. ...

Retail funds get behind campaign to lower fees

LAURA MILLAN | TUESDAY, 11 AUG 2015

... Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation fees are too high. More competition is needed across the superannuation industry to reduce fees so Australians can have extra savings ...

Govt pulls Public Sector Super fee subsidy

Members of the Public Sector Superannuation accumulation plan (PSSap) will now have to pay superannuation fees after the government pulled funding for a subsidy. Some 83,000 members will have to pay the $6.50 per month admin fees previously paid by ...

Industry responds to Grattan report

ALEX BURKE | WEDNESDAY, 22 APR 2015

... Australia and the Association of Superannuation Funds of Australia have responded to the latest Grattan report on superannuation fees. In a statement, ISA chief executive David Whiteley said the report served as further evidence of bank-owned super funds ...

Super funds turning to passive to tackle high fees

MARK SMITH | MONDAY, 9 MAR 2015

... funds has risen from 24.0% in 2011 to 46.6% in 2013. The Financial System Inquiry has put the spotlight on superannuation fees in recent months, questioning why costs are high next to global peers. "If performance outweighs fees, investors are often ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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