Jim Minifie, Grattan Institute

PC sets groundwork for long-awaited look at super competition and efficiency

The Productivity Commission has released its draft report setting out criteria for assessing the competitiveness and efficiency of the superannuation system. The final report will be delivered in November this year. The study, the first stage of a three-stage exercise, is part of the Government’s response to the 2014 Murray… Read More »PC sets groundwork for long-awaited look at super competition and efficiency

Super fees vary wildly, and it will hurt your retirement income

The Conversation, Superannuation, Super fees vary wildly, and it will hurt your retirement incomeIn the six months since the Financial System Inquiry found Australia’s A$16 billion superannuation industry needed to improve efficiency, there’s been little willingness by the sector to admit to it.

Some industry leaders continue to argue that funds compete vigorously, so the outcome must be close to efficient, with little more than a few loose ends to be tied up.

Read More »Super fees vary wildly, and it will hurt your retirement income