Super funds feel under “enormous pressure” from the regulator to simultaneously cut member fees and meet new regulatory requirements with 48 different pieces of regulatio...
There is scope for superannuation licensees to further reduce their fees, particularly in trustee directed products, according to an APRA report....
The Financial Services Council has welcomed the Senate’s passage of superannuation bills which will reduce fees charged on low balance MySuper accounts....
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 ...