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Showing 21 - 30 of 48 results for "Superannuation fees"

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 ...

Asset owners throwing money away in hidden fees

MARK SMITH  |  THURSDAY, 29 JAN 2015
... squarely on cost in both its interim and final reports. Chairman David Murray and his committee said that superannuation fees are still too high and put the onus on the entire financial services industry to bring them down." Novarca won business from ...

Super trustees must be vigilant about managers: Deloitte

ALEX BURKE  |  THURSDAY, 15 JAN 2015
... sectors, short term asset allocation decisions and manager selection. Given both the current spotlight on superannuation fees and the highly competitive investment services market, Huppert suggests that "industry consolidation is increasing the buying ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... strengthen the FSC's (and the government's) hand. This is one to watch for 2015. MySuper and fees Over 2014, superannuation fees became a hot topic, with a provocative paper by the Grattan Institute arguing that Australian funds were among the most expensive ...

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... model if fees do not come down considerably by 2020. The Financial System Inquiry final report has argued that superannuation fees have not fallen as low as they could have done, due largely to an "absence of strong consumer-driven competition." It put ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
... will provide better transparency and comparability within the superannuation system. With so much focus on superannuation fees in particular, fund members need this data to make informed decisions." Industry Super Australia chief executive David Whiteley ...