automatic

Investment Strategy

Move away from flat super fees, urges Mercer

Industry funds should consider charging more for administration and doing so on a percentage-of-assets basis, to help retain nervous members and to survive any future automatic account consolidation regime, according to Mercer executives Russell Mason and David Anderson. Mason is Mercer’s national business leader for multi-employer superannuation, and Anderson the business leader for outsourcing. There […]
Investment Strategy

Move away from flat super fees, urges Mercer

Industry funds should consider charging more for administration and doing so on a percentage-of-assets basis, to help retain nervous members and to survive any future automatic account consolidation regime, according to Mercer executives Russell Mason and David Anderson. Mason is Mercer’s national business leader for multi-employer superannuation, and Anderson the business leader for outsourcing. There […]
Hedge Funds

BT Base Cover killed by member unawareness

BT Financial Group has scrapped Base Cover, an opt-out automatic insurance product which would have meant higher levels of cover and premiums for most members of its corporate and personal super products, after a large number of customer complaints.
<1of2>