Productivity Commission rips into rorting retail super funds
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Back in May, the Productivity Commission’s (PC) released its 500-plus page draft report on Australia’s $2.6 trillion superannuation industry, which revealed in all its hideous glory that retail funds’ fees are well above not-for-profit funds:
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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.
