Insiders fear the review will recommend scrapping default group insurance in super – the tap that pours $8 billion a year in premiums.
Taylee LewisMarch 22, 2017
Unisuper would consider benchmarking its returns after fees with a diversified passively run portfolio to justify the use of active management. The proposal was made by John Pearce, the fund’s chief investment officer, in response to criticism of the impact active management has on fees in the Financial System Inquiry’s interim report. Unisuper’s balanced fund […]
David RowleyJuly 21, 2014