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| | ... respectively. The Military Superannuation & Benefits Fund No 1 has a median balance of $526,404. In fourth place, retail fund the Rexel Australia Superannuation Plan has $499,999 while the Perpetual Super Wrap has $435,689. Overall, AustralianSuper continues ... |
| | | ... $15,000 below that year's peak. Across the board, annual premiums for standard death and TPD cover rose, but only for retail fund members, who paid an extra $69 on average. Interestingly, those over 45 bucked the trend, seeing a $92 average decrease. ... |
| | | Super Members Council (SMC) has championed the flexibility of a principles-based approach to corporate governance as essential for effective oversight, risk management, and accountability, warning against a 'tick-the-box' approach in its submission ... |
| | | ESSSuper and UniSuper lead the way for the significant increase in superannuation member satisfaction, a new survey from Investment Trends reveals. The 17th edition of the 2025 Super Member Engagement Report saw super funds' improved service strategies ... |
| | | APRA's quarterly superannuation statistics have lifted the lid on the ongoing battle for Australia's retirement assets; industry funds charged forward, retail funds made gains without breaking into a sprint, while corporate funds retreated further. ... |
| | | ... Flexible Lifetime Super accounts, MySuper accounts, and overcharging investment fees on cash and term deposits. "No other retail fund was charging investment fees on cash or term deposits like AMP," Slater and Gordon said. The products called into question ... |
| | | ... also found that, as of 30 June 2024, the average MySuper administration fee on a $50,000 balance was 0.36% within the retail fund sector - up 0.03% from FY23. In contrast, the average fee within the industry fund sector fell slightly from 0.24% to 0.23%. ... |
| | | Webull Securities Australia has launched a self-managed superannuation fund (SMSF) account offering, targeting cost-conscious younger investors. Webull's SMSF offering has no monthly fees and features commission-free trading on ASX and US-listed exchange-traded ... |
| | | ... in other areas, such as advertising. What we are getting here is very good bang for our buck, which, if it were a retail fund, they would be spending on advertising and other forms of promotion. "It's wrong of you to mischaracterise partnership agreements ... |
| | | Retail superannuation offerings from AMP, Macquarie, and HUB24 spend big on external financial advisers, while industry funds prefer to invest in their own advisers and intra-fund advice, new APRA data reveals. APRA's recently published data based ... |
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