Lonsec   ⟩   Articles   ⟩   News   ⟩   Day of Confrontation 2018: Media highlights

AuthorGordon Toy

DateNovember 1, 2018

CategoryNews

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The SuperRatings and Lonsec Day of Confrontation 2018 may be over, but the conversation hasn’t finished. Once again, the event has sparked discussion on a range of critical issues, from the government’s view on the ‘Best in Show’ proposal to the future of financial advice and the vexed issue of licensing. Below is a selection of articles flowing from the day’s event as well as the 16th Fund of the Year Awards dinner.

Market turmoil could force super mergers

Australian Financial Review
A detailed review and survey prepared for the event by SuperRatings executive director, Kirby Rappell, suggest operating expenses for an average super fund are rising by around 5 per cent a year. Read

Top super funds announced by SuperRatings

Sydney Morning Herald
The $70 billion fund for those working in the higher education and research sector, UniSuper, was named fund of the year by researcher SuperRatings at a dinner at Melbourne’s Grant Hyatt on Tuesday night. Read.

Robert wants ‘mutt’ funds closed

The Australian
In remarks at the annual “Day of Confrontation” conference organised by research company SuperRatings, Mr Robert said there were 220 funds in existence — which “would seem to be very, very excessive especially when a whole heap aren’t working.” Read

Super sector faces rising costs as funds fight for active members

Adviser Voice
Super funds are battling to improve active member ratios while operating costs per member are rising across the sector, with long-term implications for the sustainability of smaller funds. Read

For more information contact:

Gordon Toy
03 9623 6373
Gordon.Toy@lonsec.com.au

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