The biggest rip-off in financial services is the huge fees charged by retail superannuation funds, which flow to the big banks and AMP for delivering poorer performance.
The Liberals are up in arms over fees for industry super directors. But if they want to see real siphoning off of super funds, they should have a look at the retail super sector.
The industry super sector has saved the Liberals from embarrassment by picking up Ausgrid in NSW, Bernard Keane and Glenn Dyer write.
New data on the performance of our superannuation funds yet again demonstrates how blinkered the Liberal Party is about industry super.
Ending compulsory super would hit one sector of the super industry hard -- and it happens to be the one the government most despises.
While the financial industry's reputation goes up in smoke, the government is busy pursuing an ideological agenda against industry super funds, Glenn Dyer and Bernard Keane write.
While the government rails at the industry superannuation sector, Labor is contemplating a second-best option when it comes to the Commonwealth Bank financial planning scandal.
Actually, there is a royal commission underway into superannuation -- except it's part of the government's anti-union witch-hunt.
There's a great way for unions to directly support the automotive sector themselves. Wonder why they're not using it, ask Glenn Dyer and Bernard Keane?