Search Results | Showing 51 - 60 of 81 results for "Super fees" |
| | | ... already had an impact, lowering fees by 40% over the last five years. Rainmaker estimates that average market-wide super fees could fall below the 1% threshold within the next decade, even without further restructuring. "Fees have been reduced with the ... |
| | | | ... margin that applies in relation to wholesale versus retail super funds," the report said. The report also showed that super fees have fallen 40% in the last five years while funds under management have risen 50% over the same period. |
| | | | Super fund fees have fallen 40% in the last five years owing to regulatory shifts and technological innovation, but the fall has not unduly impacted providers' bottom lines, according to the latest comprehensive survey of the sector by Rainmaker. The ... |
| | | | The requirement to charge low fees under MySuper has forced one superannuation fund to exit a Principal Global Investments (PGI) strategy that had returned 13% over five years. PGI chief executive in Australia Grant Foster said that the super fund pulled ... |
| | | | ... down 23% on 2014. Australian Ethical managing director Phil Vernon said the 23% decrease was due to the reduction in super fees, issues arising from the transition to a new remuneration structure, and a further impairment on the company's property in ... |
| | | | Retail superannuation funds have entered industry fund territory and admitted that high super fees need to be lowered. The Financial Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation ... |
| | | | ... quality of products, drive greater efficiency and better services for members," he said. Frydenberg highlighted that super fees have not fallen to expectations, given the system's substantial increase in size and scale. He noted the Financial System ... |
| | | | Following on from its controversial "Super Sting" report in 2014, Grattan Institute has released a new report that continues to argue Australia's superannuation industry has excessive costs. The report, titled " Super Savings ", reiterates Grattan's ... |
| | | | ... up to $177,000 over a working life, assuming investment returns were the same. In the ten years since 2004, average super fees have fallen by a total of 0.42% for retail super funds and 0.23% for industry funds. The reduction in fees has been accompanied ... |
| | | | ... resulting in a healthier retirement balance and reducing unnecessary fees.A According to the Grattan Institute report on super fees, even on conservative assumptions, a 30-year old could forego more than $250,000 in their retirement balance - about a ... |
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