The great super fee gouge rolls on

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By Leith van Onselen

Last year, the Murray Financial System Inquiry showed that the operating costs of Australia’s superannuation funds are among the highest in the world:

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And that fees had not fallen in line with what could have been expected given the substantial increase in scale, which will dramatically reduce consumer’s retirement nest eggs:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.