Grattan Institute urges Albanese government to retain strict criteria and annual performance tests
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The Coalition’s last round of superannuation reforms has already reduced the number of underperforming funds and cut their fees by an average of 20%.
That is the conclusion of a Grattan Institute submission to the Albanese government’s review of the Your Future Your Super reforms, which urges it to retain a strict test for underperformance and improve the process for selecting default funds.
Continue reading…Grattan Institute urges Albanese government to retain strict criteria and annual performance testsGet our morning and afternoon news emails, free app or daily news podcastThe Coalition’s last round of superannuation reforms has already reduced the number of underperforming funds and cut their fees by an average of 20%.That is the conclusion of a Grattan Institute submission to the Albanese government’s review of the Your Future Your Super reforms, which urges it to retain a strict test for underperformance and improve the process for selecting default funds.Sign up for our free morning and afternoon email newsletters from Guardian Australia for your daily news roundup Continue reading…