| Super fund fees have fallen to 1.23% but increased to $18.6 billion on the back of rising assets under management, reveals new research from Rainmaker. The researcher has just released their annual superannuation fee report that analysed fees offered 526 funds and master trusts as well 60 self-managed superannuation fund (SMSF) administrators.
Rainmaker said the headline results confirm that overall superannuation fees measured as a ratio of assets under management have continued to fall, from 1.32% in 2007 to 1.23% in 2013...............................................Full Article: Source |