Vanguard Super launches with 0.58% low balance fee
Vanguard Australia has finally launched its long-touted superannuation product – Vanguard Super.
The company announced the launch today spruiking a 0.58% fee on its default option which it claimed was the lowest in the Australian superannuation market for member balances under $50,000 and for members aged 47 and under.
The fund, which goes public offer today, is launching with an accumulation product -Vanguard Super SaveSmart – which includes a MySuper default fund called Lifecycle, as well as a range of index-based diversified and single sector investment options as part of the choice menu.
The company said that adviser access would be via a new Vanguard Adviser Portal currently under development.
Exactly
Useless ASIC writes another report about excessive breach reporting where ASIC admit mass complaints about a crap crazy Red Tape…
MIS remain the biggest blow ups and impact on CSLR. Yet Mulino still refuses to include MIS directly in CSLR.…
“ remove the traditional cost and access barriers to advice” NGS say. Lies, lies and more Lies. The cost is…
MIS have been frozen, frauded & failed for 30 years to the tune of $$$$Billions and some Govt & ASIC…