Vanguard Australia reduced the management fee for its Vanguard Australian Government Bond Index ETF to 0.16 per cent per annum.
The Financial Services Council has urged the Government not to miss the opportunity to fix legislation around super advice fees.
The Australian Prudential Regulation Authority has declared it will be publishing detail of super fund payments to unions and other parties.
Superannuation funds are facing APRA stress testing as the regulator says they are fast growing to overtake banks in the financial system.