Superannuation fees and costs explained

New research from the Association of Superannuation Funds of Australia (ASFA) shows that while super balances are largely growing, there's still plenty to be done to ensure positive retirement outcomes for all.

HESTA is introducing several insurance fee changes with most members paying less from September 28.

The complexity of retirement income decisions has left many feeling ill-equipped to manage their superannuation savings and generate an income that will deliver a comfortable lifestyle later in life, according to GBST research.

A Natixis Investment Managers study shows 40% of Australians don't think they'll be able to fund their own retirement, while 50% are actively avoiding thinking about it. Still, they're faring better than many other nations.