Analysis: doing business in superChoice of fund |
Over the last year many large corporate funds went to the market to select a multi-employer-fund (industry fund or master trust) as the vehicle for employee superannuation. Competition was intense. We saw total fees as low as 50-60 basis points (bps). This covered all administration, investment management, employer services and extensive education programs. Many in the industry wonder how organisations can still make a profit. Yet there were still others keen for the business.
In this issue of Analysis, Deloitte takes this as a starting point for a discussion of how major industry segments are gearing up to compete for superannuation assets and membership and the challenges they face. Much of what we are observing is a response to the introduction of fund choice and the need to keep ahead of the competition through what will be a volatile future.
To read this edition of Analysis, please download the PDF below.
Page Last Updated
Analysis: August 2006
(241.15 KB)
