fees
Funds management
New research has pointed to investment fees driving up the cost of superannuation fund membership and narrowing the gap between industry and retail funds....
Financial advice
Industry superannuation funds are urging the imposition of greater comparability around fees, costs and performance to give transparency around advisers switching members...
Financial advice
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has highlighted a toxic sales culture and a failure to regulate wrongd...
Funds management
Fidelity International has cut the management fee on both the Fidelity Global Emerging Markets Fund and Fidelity Global Equities Fund to 0.99 per cent....
Funds management
IFM Investors has announced that the firm’s outperformance has resulted in global fee rebate....
Financial advice
National Australia Bank and its superannuation business, NULIS, have admitted breaches of the Corporations Act occurred with respect to fees charged to super fund members...
Superannuation
A background paper provided to the Royal Commission has pointed to insurance-based account erosion as being a major challenge for the superannuation industry....
Superannuation
Actuarial research house Rice Warner has noted that despite the critics, superannuation fees have dropped to the milestone one per cent of assets....
Superannuation
As Australia’s superannuation industry is grilled by the Royal Commission, the UK Government has announced the Commons Select Committee will hold an inquiry into pension ...
Superannuation
The Royal Commission has been told that a months-long examination of the status of so-called plan service fees charged to unadvised MLC superannuation customers was not a...
Superannuation
A key witness for NULIS and MLC/NAB, Paul Carter, has admitted to the Royal Commission that adviser contribution fees imposed by the fund were “best described as a commis...
Superannuation
Equip’s recent merger with the former Rio Tinto Staff Superannuation Fund will see its 70,000+ members receive total fee and insurance premium reductions of more than $12...
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 ...