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Showing 61 - 70 of 76 results for "Super fees"

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 ...

Central plank of Cooper Review is MySuper

MICHELLE BALTAZAR  |  MONDAY, 5 JUL 2010
Following a year-long study on the efficiency of the superannuation system, the Cooper Review panel recommended the Government introduce a new default fund option for the masses to be called 'MySuper', a simple solution with dramatic consequences. The ...

More room to slash super fees

MICHELLE BALTAZAR  |  TUESDAY, 29 SEP 2009
Admin and investment fees charged by major Australian super funds are on par, if not better, than those charged by similar funds in the US, the UK and Japan - but more can be done to lower overall costs to the average fund member, a global study found. ...

Record fall in super fees

ALEX DUNNIN  |  MONDAY, 1 SEP 2008
The average fee charged by super funds fell to 1.36 per cent, the first fall recorded in three years, according to the latest Rainmaker fee survey that reviewed 502 workplace, personal and retirement not-for-profit funds and master trusts. Andrew Keevers ...

Gen Y risks high fees

RUTH LIEW  |  WEDNESDAY, 23 JUL 2008
... legalsuper chief executive, Andrew Proebstl, said many employees particularly those in the Gen Y bracket could face hiked super fees, particular as super funds offer corporate deals on fees and insurance, often to larger employers, to secure default ...

Super fees battle competition and returns

HAMISH MADDEN  |  WEDNESDAY, 23 MAY 2007
... paints a different picture. The IFSA figures to June 2006, collected by Rice Warner Actuaries, show average annual super fees dropping industry-wide, with the largest reductions occurring in corporate master trusts, retail post retirement, personal superannuation ...