A superannuation roundtable has been told that extracting inbuilt advice from superannuation saved billions of dollars....
Mike Taylor writes that the Productivity Commission’s consideration of alternative default models represents the real superannuation idealogical battleground....
The MySuper transfer costs have mostly been passed on to members through a levy and the WSSA is questioning whether it has actually benefitted members....
The Federal Government’s terms of reference to the Productivity Commission has opened the way for radical change to the default funds environment....
A roundtable has concluded that the success of MySuper combined with more proactive industry funds makes it safe to remove default funds from industrial awards....
If the Government does not act, then the super industry may have to build a MyPension environment....
Australians could be losing out when it comes to their superannuation, due to “complex industrial law” preventing them from leaving default funds....
DEXX&R data showed default super funds held a larger share of employer super compared to MySuper although both declined in the last quarter of 2015. ...
More superannuation funds are looking to insource service provision, but investment management is only for the mega-funds....
Strong growth in overseas share markets has helped MySuper funds to outperform SMSFs with 31 per cent on average allocated to overseas listed equities, an investment tren...
Compare the pair. It is likely these three words are some of the best known, and most irritating, among financial planners and advisers and have grated with them for the ...
The domination of industry super funds in the modern award system has left virtually no market for higher performing, lower fee funds, according to the Financial Services...
The high cost of financial advice is hindering superannuation funds from tailoring their MySuper products to their members’ needs, CIFR research director Geoff Warren bel...
SuperRatings believes member servicing will be vital as fee convergence takes place in superannuation funds under MySuper....
The increase in the cap for concessional contributions has led to the fastest growth in seven years for discretionary contributions while compulsory contributions have pl...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...