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Showing 41 - 50 of 81 results for "Super fees"

Competition would save Australians millions in super fees: Deloitte

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
Permitting the entrance of further competition in the superannuation marketplace would reduce fees by $292 million per year across 14 million MySuper accounts. A report issued by Deloitte Access Economics (DAE) finds that the facilitation of choice ...

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... superannuation fees. Retail funds, meanwhile, account for 29% of super FUM and 45% of members, and collect 50% of all super fees. "The high share of total superannuation industry fees being paid into the retail segment, and banking groups and AMP in ...

GROW Super opens for business

ALEX DUNNIN, STEPHEN FAY  |  TUESDAY, 23 MAY 2017
Competition in superannuation is continuing to gather pace with the launch of GROW Super, the latest boutique direct product aimed at millennials. GROW Super is offered through LESF Super in association with Diversa Trustees. What makes this product ...

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 ...

Australian Ethical further reduces super fees

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
Australian Ethical is reducing the revenue margin on its superannuation fund by continuing with a fee reduction strategy attempting to make the product more competitive. The ASX-listed wealth management firm is reducing its superannuation administration ...

Foreign managers priced out of super

ALEX BURKE  |  MONDAY, 30 MAY 2016
... we produced for the Financial System Inquiry." In some ways, this is unsurprising, given the wider aversion towards super fees in Australia; Financial Standard has previously covered the difficulty of increasing allocations to alternatives in super funds ...

Employer fiduciary responsibility could halve super fees

MARK SMITH  |  FRIDAY, 11 MAR 2016
Vanguard chairman and chief executive Bill McNabb believes the Australian superannuation system can learn a lot from the US and encourage employers to take a more active role in driving down fees paid by members. The global head of the specialist low ...

Equip drops super fees

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
Industry superannuation fund Equipsuper has presented members with an early Christmas present, announcing it will cut fees and costs for accumulation and pension members from February 2016. Fee and cost cuts at the $7 billion fund have come from investment ...

Are Aussies super know-it-alls?

DARREN SNYDER  |  MONDAY, 12 OCT 2015
... expectancy, in other words, what we have and what we need." The report also found 49% do not know how much they pay in super fees yet more than a third are prepared to switch funds for a better deal. ING DIRECT executive director of customer delivery ...