Search Results | Showing 1 - 10 of 51 results for "Superannuation fees" |
| | A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against ... |
| | | Paying higher superannuation fees doesn't equate to getting death benefits paid out faster, according to research by Super Consumers Australia (SCA). In the wake of a review by ASIC into death benefit claims handling practices of superannuation trustees ... |
| | | ... than $50 billion a year in poorly targeted superannuation tax concessions. Australians also pay too much in superannuation fees and receive too little guidance on how to use their super in retirement." In terms of major reforms, Grattan reinforced its ... |
| | | ... super trustee charging fees correctly and providing accurate, clear and timely information to members about superannuation fees," she said. "Members should be confident that their retirement savings are not reduced over time by superannuation trustees ... |
| | | Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ... |
| | | ... group, they've lost their low-fee edge." "It's retail funds that are now leading the fight to lower superannuation fees. Industry funds instead appear to be focusing on their returns after fees." |
| | | ... considered to be a well-priced system charging fees around the OECD median. This has fuelled the view that superannuation fees in Australia are competitive and that we should be wary of the never-ending push for fees to keep going lower," Dunnin said. ... |
| | | ... Slater and Gordon has filed a second class action against Colonial First State for allegedly charging excessive superannuation fees to fund outgoing commissions paid to financial advisers. The class action is on behalf over 500,000 Australians and is ... |
| | | ... superannuation accounts with balances less than $6000 at 3%. "Recently, there has been an increasing focus on superannuation fees, especially for members with lower balances. It was a key focus area in our annual fee review," UniSuper chief executive ... |
| | | ... in MySuper administration fees would equate to only a 7% reduction in total MySuper fees, or 1.5% of total superannuation fees, but added: "a reduction in fees, however small, is good for the industry and will ultimately benefit consumers." DAE noted ... |
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