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Showing 61 - 70 of 81 results for "Super fees"

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
While there is lots of self flagellation over super fund fees in Australia, Australian fund fees may be closer to best practice than we realise. In a submission to the Financial Systems Inquiry (FSI) by the New Zealand Council of Financial Regulators ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
The Australian Prudential Regulation Authority (APRA) will treat MySuper product data as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
Superannuation fees have been at the centre of public debate since David Murray's Financial System Inquiry (FSI) flagged that there is little fee-based competition and that "fees appear high by international standards." But the Rainmaker 2014 Super ...

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Superannuation industry bodies have responded to the Grattan Institute's report on super fees, arguing that fundamental change is not necessary. Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees (AIST), said that the ...

Super fees fall to 1.23%

STAFF WRITER  |  WEDNESDAY, 7 AUG 2013
Super fund fees have fallen to 1.23% but increased to $18.6 billion on the back of rising assets under management, reveals new research from Rainmaker. The researcher has just released their annual superannuation fee report that analysed fees offered ...

Fund manager dismisses super fund fee demands

MARK SMITH  |  FRIDAY, 14 JUN 2013
... the average workplace fund has fallen from 1.41% in 2008 to 1.38% in 2012. However, over the past 8 years, workplace super fees have actually increased. Rainmaker said this was mainly due to higher investment portfolio costs and a significant move towards ...

Investment managers pocket $6.2 billion in super fees

BEN COLLINS  |  WEDNESDAY, 24 OCT 2012
Australians pay an estimated $20.1 billion in fee revenue annually, with almost a third going to the funds management industry, according to research commissioned by Industry Super Network. Not-for-Profit super funds, which account for 38% of member ...

Super fees are falling but only just

ALEX DUNNIN  |  MONDAY, 17 SEP 2012
Fees paid by super fund members are falling but not because fund prices are falling, it's because of the dampening effect of self-managed super funds and higher balance members qualifying for discounts. The results are contained in the latest Rainmaker ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
... Federal Government said today it is not leaning one way or the other on the split between retail and industry funds on super fees. Paul Costello, chairman of the Stronger Super Peak Consultative Group last week handed Assistant Treasurer Bill Shorten ...

AMP targets lost super to attract members

ELISE BURGESS  |  THURSDAY, 2 JUN 2011
AMP is targeting super consolidation to rein in $1.1 billion of lost super fees while building bridges between AMP planners and super. AMP have introduced a new free customer service designed to help AMP superannuation customers consolidate their super ...