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ASIC releases independent report on super fund fee disclosures

Alice UribeFinancial Services Writer
Updated

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The fees and costs charged by Australia's mandatory superannuation system are so complex the regulator has been urged to develop a database so the public has some chance of comparing funds.

It is one recommendation from Darren McShane, the independent expert who spent nine months reviewing the rules – which were themselves four years in the making – in response to an industry backlash against their sheer complexity.

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Alice Uribe writes on Financial Services and Insurance

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    Original URL: https://www.afr.com/companies/financial-services/asic-releases-independent-report-on-super-fund-fee-disclosures-20180724-h1320v