Confused about super fees? You're not alone.BY DANIEL SHRIMSKI | FRIDAY, 18 OCT 2024 3:15PMJust last week, I met a professional woman in her early 40s who told me she had spent over an hour trying to find out what fees she pays on her superannuation account... she eventually ... Upgrade your subscription to access this article
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Climbing to the top
DANIEL SHRIMSKI
MANAGING DIRECTOR
VANGUARD INVESTMENTS AUSTRALIA LTD
MANAGING DIRECTOR
VANGUARD INVESTMENTS AUSTRALIA LTD
Vanguard Australia managing director Daniel Shrimski is determined to propel the investment giant's superannuation product into the top 10 funds by assets under management by 2030. It's an audacious goal, even for a fund backed by the world's second largest asset manager. Andrew McKean writes.
Try finding a relevant PDS on any financial services website. It is near on impossible. Then, when you do, they range from 90 to 300 pages plus depending on the product. Once you have the PDS, the next step is to toil your way through it trying to work out what is the relevant bits, and this is supposed to be a document that assists a consumer make an informed choice regarding the financial product they wish to use.