Productivity Commission rips into rorting retail super funds

Advertisement

By Leith van Onselen

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:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.