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MEDIA RELEASE ‘Big four group risk insurers consolidate market share as profit margins continue slide’

  • On 18/02/2015
Australia’s top four wholesale (group) insurers by annual premium income have increased their combined market share, growing from a collective 67 per cent market share at June 2013 to 73 per cent for the June 2014 period. This market domination by a small group of insurers is one of several key findings to emerge from […]
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Department of the Treasury Pre-Budget submission ‘Improving superannuation’

  • On 10/02/2015
Rice Warner’s Pre-budget submission deliberately focuses on initiatives that will have little or no cost to Government. We believe our suggestions provide the Government with an opportunity to improve the efficiency of the superannuation system and will be beneficial for many Australians.    
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Part Two – In this second of a two-part series, Alun Stevens picks up on the issue of fund costs and linked efficiency gains

  • On 04/02/2015
His commentary derives from Rice Warner’s recently released Superannuation Market Projections 2014 report which explores in-depth Australia’s superannuation sector over the next 15 years. Fees within the superannuation system have been the subject of much debate and commentary over recent months. The Financial System Inquiry (FSI), and a number of submissions to it, highlight the […]
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Part One – Superannuation Market Projections 2014 report show two dominant themes: growth and cost (fees)

  • On 21/01/2015
 In this first of a two-part series, Alun Stevens explores the projected growth of super for the next 15 years. Rice Warner’s latest Superannuation Market Projections 2014 report shows an industry that will continue to grow strongly – both in dollar terms and as a proportion of GDP – for several decades. This should provide […]
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The Financial System Inquiry – Where next for superannuation funds?

  • On 09/12/2014
The final report of the Financial System Inquiry (FSI) was released on Sunday 7 December. The report is critical of the superannuation industry and makes some telling recommendations for change. The government appears to be pleased with the contents of the FSI final report, but not all suggestions will receive bipartisan political support. We discuss […]
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