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New super fee disclosure guide will bamboozle consumers image
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New super fee disclosure guide will bamboozle consumers

Published: 29 Nov 2019

The latest attempt by ASIC to improve disclosure of superannuation investment fees and costs is a welcome step forward but doesn’t go far enough to fix many of the long-running issues with RG 97, Industry Super Australia says.

The effect is that new guidelines for the disclosure of superannuation and managed investment fees will leave consumers more confused when it comes to choosing a fund or product – not less.

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