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Showing 31 - 40 of 81 results for "Super fees"

MLC changes super fees, adds menu

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
MLC is lowering the fees for its MasterKey Fundamentals product for accounts above $150,000, and introducing a new core menu. From April 1, MasterKey Fundamentals will lower its fees for 58,000 clients and members. This is the new product which MLC ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... retirement standard was not suitable for most Australians. In its submission, the researcher said a reduction in average super fees - and therefore an increase in investment returns - by ensuring Australians picked better-performing super funds, would ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
AMP is reducing investment and administration fees across its suite of superannuation products, including removing the Stronger Super fee it introduced in 2013 to finance the implementation of the reforms. The fee cuts will be applied to MySuper, choice ...

Super fund lowers MySuper fees

KANIKA SOOD  |  MONDAY, 13 JAN 2020
A $6 billion superannuation fund has lowered fees for its balanced MySuper option. TWUSuper's default members will go from paying $808 per year in total fees to $758 per year for every $50,000 in balance, after changes that came into effect on 1 ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...

Choice members worse off in retirement: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... conflicted financial advice." Rainmaker's latest Benchmarking report shows members paid a total of $32 billion in super fees in the 12 months to 30 June 2018, rising 10% on the prior corresponding period (this excluded insurance premiums and additional ...

Super fees outpace asset growth: Research

KARREN VERGARA  |  MONDAY, 13 AUG 2018
... research shows. Rainmaker Information's March quarter Benchmarking report shows members paid a total of $32 billion in super fees in the 12 months to 30 June 2018, rising 10% on the prior corresponding period (this excluded insurance premiums and ...

Super State of Origin: Who wins?

DARREN SNYDER  |  WEDNESDAY, 6 JUN 2018
Queensland's recent State of Origin rugby league dominance over New South Wales is mirrored in MySuper performance, Rainmaker's latest superannuation analysis shows. Over one, three and five years, more Queensland-based MySuper products have ...

Super protection policy needs improvement

DARREN SNYDER  |  FRIDAY, 1 JUN 2018
... transferred to the ATO because the account balance is $6000 or less." The advocacy group has also submitted its views on super fees. The proposed policy would prevent super fund trustees from charging administration and investment fees exceeding 1.5% ...

Millennial disengagement dire for economy: FSC

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... according to the Financial Services Council. Only 23% of young adults trust the superannuation industry and 57% say super fees are not transparent enough, FSC chief executive Sally Loane said. The generation between 18 and 34 years old, who in eight ...