Australia’s superannuation system is one that has maximised agency costs, says Jack Gray, an adjunct professor at the Centre of Capital Market Dysfunctionality at the University of Technology, Sydney.
The office of Bill Shorten says the Government will not offer tax relief or subsidies for funds that will have to implement proposed superannuation changes.
MLC’s MasterKey, a $20 billion retail multimanager platform, has just turned 10 – and one-quarter of its managers have been with it the whole way. KRISTEN PAECH reports on the funds managers behind MasterKey and the evolution of the platform amid hefty competition and industry consolidation.
MLC’s MasterKey, a $20 billion retail multimanager platform, has just turned 10 – and one-quarter of its managers have been with it the whole way. KRISTEN PAECH reports on the funds managers behind MasterKey and the evolution of the platform amid hefty competition and industry consolidation.
The economic downturn might have spurred a recent surge in new policies, but underinsurance remains a chronic problem in Australia. It isn’t helped by the clunky application process still provided by many group insurance vendors. Too many super fund members are getting part of the way into purchasing cover before being deterred by lengthy forms […]
The economic downturn might have spurred a recent surge in new policies, but underinsurance remains a chronic problem in Australia. It isn’t helped by the clunky application process still provided by many group insurance vendors. Too many super fund members are getting part of the way into purchasing cover before being deterred by lengthy forms […]