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Fix lifecycle, don’t scrap it

  • On September 5, 2018
Lifecycle products were developed in Australia following the market downturns in the Global Financial Crisis (GFC).  Some members approaching retirement had a reduction of 20% of their superannuation benefit and the new products were designed to reduce the loss for members experiencing similar events in the future. Some members did not understand the asset allocation […]

Fees versus Value

  • On August 16, 2018
Superannuation fees have long been a contentious issue for our industry. In 2003, the then Labor Shadow Minister for Retirement Incomes and Savings, the Honourable Nick Sherry, suggested that superannuation fees, then averaging 1.37% of assets, be capped at 1% of assets bringing the discussion to the forefront.  At the time this seemed an ambitious […]

Submission to Senate Review of Protecting Your Super Package Legislation

  • On July 24, 2018
The Senate Economics Legislation Committee is reviewing the Government’s legislation implementing the Protecting Your Super Package (announced at the Budget in May). Rice Warner was asked to provide additional information as part of this review. Rice Warner had already made a submission as part of the Government’s initial call for views as part of the […]

Rice Warner nominated for ‘Employer of the Year’

  • On July 16, 2018
Rice Warner is proudly a finalist in Money Management and Super Review’s Women in Financial Services Awards 2018 ‘Employer of the Year’ category. Rice Warner is committed to championing the goal of achieving economic security for women in retirement. In 2013, Rice Warner released its Valuing Females Policy. We are excited to announce that in […]
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