The superannuation fund will reduce member fees from $1.50 per week to $1 a week as a direct result of its administration partnership with Tech Mahindra....
The industry fund has managed to cut $150 million in costs from the business to allow a third reduction in fees for members....
FairVine Super members who have lost their jobs due to the COVID-19 pandemic will have their fees reduced to 0.6% to help people to put money back into their super fund....
MTAA Super has announced an administration fee reduction of 10 cents a week, saying it will result in a six per cent annual saving for members....
The superannuation industry will be judged by its member services rather than how effectively it accumulates wealth, according to Stephen Jones....
APRA’s latest data has revealed that superannuation funds spent $1.3 billion on advice fees, with the vast majority sent to external financial advisers....
The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members. ...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...